Robotics and Automation to Boost QLD Economy

In the coming decade, the new robot economy could transform Queensland industry, productivity and quality of life in ways not before imagined, a new report indicates. The Queensland University of Technology (QUT) partnered with the Australian Centre for Robotic Vision to commission an independent report from Synergies Economic Consulting. The Robotics and Automation Advantage for Queensland report and … Continue reading “Robotics and Automation to Boost QLD Economy”

Support Vouchers Granted to Victorian Exporters

Victorian businesses will get a boost into Asian markets following the release of a new round of export support vouchers by the state Labor government. The $1 million in vouchers are to help over thirty businesses ranging across local industries – including food and wine, skin care, information communication technology (ICT) and advanced manufacturing – … Continue reading “Support Vouchers Granted to Victorian Exporters”

New Research Centre for Drug Development

The Federal Government is providing $3.1 million over five years to set up a new research training centre at the University of Melbourne that will advance clinical trials and testing. Through organ-on-a-chip and bioprinting enabling technologies, the ARC Training Centre for Personalised Therapeutics Technologies aims to improve selection of new medicines for progress to clinical trials and to develop … Continue reading “New Research Centre for Drug Development”

Australian Advanced Manufacturing Celebrated at Parliament House

Several of the nation’s leading manufacturers were present at Parliament House, in Canberra, as part of the Industry Growth Centre Showcase. The Showcase is part of the Industry Growth Centre Initiative formed by the Federal government to drive an industry-led approach toward greater innovation, productivity and competitiveness. The Advanced Manufacturing Growth Centre (AMGC), one of … Continue reading “Australian Advanced Manufacturing Celebrated at Parliament House”

Federal Government’s New Cyber Security Initiative

A new $10 million cyber security initiative announced by the federal government today will help small businesses secure their own and their customers’ data. Over the next two years, eligible small businesses can apply for individual grants of up to $2,100, covering half the cost of having their cyber security tested by service providers approved … Continue reading “Federal Government’s New Cyber Security Initiative”

Annual Grants Program for Australian SMEs

The federal government has launched its annual grants program for Australian small-to-medium-sized enterprises (SMEs) involved in delivering the pipeline of projects enhancing the capability of the Australian Defence Force (ADF). The Sovereign Industrial Capability Priority Grants program makes available a total of $17 million in grants per year to eligible Australian SMEs with fewer than … Continue reading “Annual Grants Program for Australian SMEs”

Australian Navy’s Offshore Patrol Vessel Construction

Construction has commenced on the Australian Navy’s new Offshore Patrol Vessels (OPVs) at Osborne in South Australia. Twelve of the OPVs are to be supplied to the Navy. German shipbuilder Luerssen is the prime contractor to supply the 12 new OPVs for the navy, and will work with Australia’s ASC for the building the first … Continue reading “Australian Navy’s Offshore Patrol Vessel Construction”

Australia-Hong Kong Free Trade Agreement

The federal government has concluded negotiations with Hong Kong on the Australia-Hong Kong Free Trade Agreement (FTA), with the deal to come into force next year. The conclusion of the agreement with Hong Kong means Australia now has FTAs with seven of its top eight export markets for goods and services. Australia’s trade minister, Simon … Continue reading “Australia-Hong Kong Free Trade Agreement”

New Tax-Payer Backed Fund Helping SMEs

The federal government has announced that it will introduce a new tax-payer backed fund that will inject $2 billion into loan markets to help small and medium enterprises (SMEs) obtain financing. Treasurer Josh Frydenberg and small business and skills minister Michaelia Cash today announced the creation of the Australian Business Securitisation Fund, which will invest … Continue reading “New Tax-Payer Backed Fund Helping SMEs”

Industry 4.0 Manufacturing Summit Kicks Off in February

The Industrial Internet 4.0 Summit, a major gathering of local and global leaders in the manufacturing sector, will kick of in Sydney in February.   Representatives from the manufacturing industry, government, manufacturing innovation centres and suppliers will gather at the Summit at a “critical moment for the industry,” according to the event producer, Shahida Sweeney. … Continue reading “Industry 4.0 Manufacturing Summit Kicks Off in February”