Tag: investment
CSIRO invests $25 million in new program to bolster Australia’s biotechnology industry
CSIRO has announced a four-year, $25 million investment in a new program that will combine engineering and biology to drive innovations within the biotechnology industry.
Tasmanian advanced manufacturers to share addt’l $1m in growth funding
A total of 11 local firms will share almost $1 million in funding as part of the fourth round of the Advanced Manufacturing Accelerating Growth Program revealed today by the Tasmanian Government.
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.
Gov’t commits $39m to FNQ maritime infrastructure revamp
Premier Annastacia Palaszczuk announced today it is allocating $27 million to a road upgrade and bridge to give shipyards direct access to the Cairns Marine Precinct’s common user facility, with an additional $12 million fund to revamp facilities at local shipyards.
$4.1b allocated for skills and training to address economic challenges
Skills and Training Minister Brendan O’Connor announced that the Albanese Government is set to invest an additional $3.7 billion for a five-year National Skills Agreement to be negotiated with states and territories, in addition to $400m to support another 300,000 TAFE and vocational education and training (VET) Fee-Free places.
Qld’s Kepnock SHS project receives funding boost to improve tech, manufacturing workshops
The new industrial design and technology facilities at Queensland’s Kepnock State High School have received a welcome funding boost, with an additional $12 million, bringing the total investment close to $22 million.
CEFC commits $40 million to foster EV uptake in Australia
The Clean Energy Finance Corporation (CEFC) has announced a new $40 million investment to provide discounted finance for the retail Green Car Loan offered by Australian non-bank lender Firstmac to boost electric vehicle uptake in Australia.
Local manufacturing receives boost with Mars Wrigley’s $28.8m investment
Snacks and treats manufacturer Mars Wrigley Australia announced an extra $28.8 million investment at its Ballarat factory to bolster its local innovation and manufacturing capabilities, building on more than $67 million invested since 2021.
Australian airline Rex invests in electric-powered, emission-free aviation
Australian independent regional and domestic airline Regional Express (Rex) has announced an investment in Dovetail Electric Aviation, the company pioneering the conversion of turbine-powered aircraft to electric, emission-free propulsion.
Diverseco, CDU to offer robotics and automation micro-credentials in NT
Charles Darwin University and Australian company Diverseco have partnered to offer micro-credentials that would allow Northern Territorians to upskill in the latest advancements in robotics and automation.
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
