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First NRF investment anchors mining tech innovation in Australia

The Australian Government has marked a milestone in its $15 billion National Reconstruction Fund (NRF) with a $40 million investment to ensure Toowoomba-based Russell Mineral Equipment (RME) continues to innovate and manufacture in Australia.

Gov’t allocates $12.6 billion for research and development

The Australian Government announced a substantial increase in funding for research and development (R&D), with an injection of $12.6 billion aimed at bolstering Australian innovation this year.

Grant applications open for non-profits in $392.4M Industry Growth Program

Not-for-profit industry organisations can now apply for grants to provide expert, sector-specific guidance to participating startups and scaleups as part of the Australian Government’s $392.4 million Industry Growth Program.

Manufacturing wrapped up: Trends that shaped the industry in 2023

It is undeniable that 2023 has been a transformative year for the Australian manufacturing sector as it navigates through numerous challenges throughout the year. 

New CRCs to combat methane emissions, plastic waste get $127M funding

The Australian Government has unveiled a $127 million investment to back new research centres to cut emissions in the agriculture sector and eliminate plastic waste. 

Australia’s $15B National Reconstruction Fund now open for investments

The $15 billion National Reconstruction Fund is now poised to initiate investments aimed at fostering the growth of Australia's industrial capabilities, with a focus on generating secure and well-paid job opportunities for the future.

Federal gov’t rolls out Industry Growth Program to support Aussie startups

The Australian Government has officially launched its $392 million Industry Growth Program, an initiative aimed at helping startups and small businesses commercialise and grow their companies. 

More funding, government contracts needed for Australian manufacturing to compete globally, says report

A new report from national professional services firm RSM Australia has highlighted the need for an increase in government contracts and funding to allow Australian advanced manufacturing to compete on a global level. 

Manufacturing union’s Glenn Thompson appointed to National Reconstruction Fund board

Glenn Thompson, the assistant national secretary of the Australian Manufacturing Union since 2003, has been appointed as a member of the National Reconstruction Fund Corporation Board. 

Minister Husic seeks to maximise advanced manufacturing opportunities at GEC 2023

Minister for Industry and Science Ed Husic has convened with government leaders from across the Indo-Pacific at the Global Entrepreneurship Congress 2023 (GEC 2023) to explore ways of bolstering opportunities for global entrepreneurship and innovation, particularly in advanced manufacturing. 
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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.