Tag: Federal Budget
Sparc lauds Australia’s continued support for green hydrogen production in new budget
Australian graphene production company Sparc Technologies has commended the Australian Government’s continued and increasing support for green hydrogen production and science and technology as outlined in the 2023-24 Federal Budget.
New opportunities in WA high tech manufacturing made available by new federal budget
The McGowan Government is delivering for regional Western Australia through the new 2023-24 budget that features a massive $11.2 billion investment in regional infrastructure, driving new job opportunities in high tech manufacturing, clean energy, and defence industries.
Federal budget measures only partially address industry’s needs – Ai Group
The Federal Government’s first annual budget for 2023-24 has the industry talking, with Ai Group’s Innes Willox remarking the budget “unfortunately lacks the urgency and imagination required to power the Australian economy through a period of anaemic growth.”
ATSE welcomes new budget measures, calls for more R&D strategy backed by advanced manufacturing
The Australian Academy of Technological Sciences and Engineering (ATSE) has welcomed the Federal Budget's science and technology measures but called for more strategy and investment to bolster research and innovation reinforced through advanced manufacturing.
Australia’s defence manufacturing among big winners of new Federal Budget
Building Australia’s sovereign defence manufacturing capability is among the big winners of the Federal Government’s 2023-2024 Budget, gaining approximately $4.1 billion for the development of long-range missile systems.
Engineers Australia welcomes 2023 federal budget’s commitment to upskilling workforce
Engineers Australia CEO Romilly Madew has welcomed the Australian Government’s 2023 budget for its measures supporting the upskilling of the engineering workforce targeting positive outcomes in AUKUS, manufacturing, sovereign capability, and national energy transition.
Budget covers $392m for industry growth, $101m for quantum and AI
The Albanese Government has earmarked $392 million for the Industry Growth Program in the form of grants to start-ups and small-to-medium businesses as well as $101 million for the development of quantum and artificial intelligence industries.
Australian medtech, pharma industries get boost in 2023 Federal Budget
The Federal government has allocated $392.4 million in funding for the establishment of a new Industry Growth Program that would boost the development of priority sectors, such as medtech, biotech, and pharma.
UNSW commends $128.5 million funding to boost number of STEM graduates
UNSW has received a $128.5 million Federal Budget allocation that would create over 4,000 new student places aimed at boosting STEM programs and the number of skilled graduates needed for the AUKUS agreement.
ARENA’s $2b hydrogen headstart initiative included in new federal budget
The Australian Renewable Energy Agency (ARENA) has welcomed $2 billion in new financing announced in the 2023-24 Federal Budget for its Hydrogen Headstart initiative that aims to support Australia's largest green hydrogen projects.
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy
As the sports manufacturing industry evolves, artificial intelligence (AI) is emerging as a critical catalyst for innovation and efficiency.
