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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.

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.

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.

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. 

National Reconstruction Fund Board kicks off first meeting

The National Reconstruction Fund (NRF) Corporation’s Board met for the first time on Monday, 18 September, officially launching the corporation that will help enhance Australia’s local manufacturing capabilities. 

Value-added manufacturing critical to boost Australia’s economic growth – Minister Husic

The adoption of value-added manufacturing will be crucial to boost the country's economic complexity as “growth, jobs and the flexibility to respond to economic shocks will come from making more things in Australia,” according to Minister for Science and Industry Ed Husic in an address to the American Chamber of Commerce in Australia.

National Reconstruction Fund board members revealed

The Federal Government has unveiled the members of the board for the $15 billion National Reconstruction Fund, Australia’s largest investment to boost the nation’s manufacturing capacity. 

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.

NRF to address blind spots in manufacturing investments – says Ai Group

The National Reconstruction Fund (NRF) Bill will be critical in addressing financial sector blind spots when it comes to investing in key industries such as manufacturing for scale and transformation, Innes Willox, Australian Industry Group chief executive said in a passage.

Massive National Reconstruction Fund Bill gains Senate approval

The Albanese government’s $15 billion National Reconstruction Fund (NRF) is on its way to becoming law after Senate passed the NRF Corporation Bill on Monday. 
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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.