News

Establishment of Western City Aerotropolis Authority

The Western Sydney Leadership Dialogue has welcomed the establishment of the Western City and Aerotropolis Authority (WCAA), to be led by CEO Sam Sangster, announced today. The new authority will be responsible for the master-planning of the Aerotropolis and also have a key role in driving investment, education and employment opportunities across the Western Parkland … Continue reading “Establishment of Western City Aerotropolis Authority”

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”

Fairfield City Council: Most Progressive Council in NSW!

Cumberland Business Chamber congratulates Fairfield City Council for being named “best of the best” of the Councils in the state of New South Wales!!! When you think that there are over 120 Councils scattered across our state…to be declared #1 is a huge feat! It doesn’t surprise us because the Chamber has enjoyed a close … Continue reading “Fairfield City Council: Most Progressive Council in NSW!”

Australian Manufacturing Notches up 25th Straight Positive Result

The Australian Industry Group’s PMI released this morning recorded a result of 58.3. It is down a fraction of a point, but still well above 50, the line separating contraction and expansion. It continues the best run of 50-plus results since 2005. According to the PMI, only one sub-sector, machinery and equipment, did not grow … Continue reading “Australian Manufacturing Notches up 25th Straight Positive Result”

New Electric Truck Manufacturing Facility in Victoria

Victoria backs new electric truck manufacturing facility. The Victorian government has announced financial support to electric truck maker SEA Technologies to build a new plant in Victoria’s La Trobe Valley. The facility is expected to employ 500 La Trobe Valley locals, and assemble 2,400 vehicles a year – specialising in the production of electric delivery … Continue reading “New Electric Truck Manufacturing Facility in Victoria”

Artificial Intelligence – The Future of Manufacturing

The future of manufacturing – indeed the future of most industries – is becoming increasingly automated. Many rote tasks are now being performed by machines and artificial intelligence (AI) with human oversight, and many of the applications that will be needed to manage production in the future have not yet been developed or even imagined. … Continue reading “Artificial Intelligence – The Future of Manufacturing”

New Technology Developed To Create High-Speed Internet

New technology developed by researchers from RMIT’s School of Science and the University of Wollongong, allows super-fast internet by harnessing twisted light beams to carry more data and process it faster. Broadband fiber-optics carry information on pulses of light, at the speed of light, through optical fibers. But the way the light is encoded at … Continue reading “New Technology Developed To Create High-Speed Internet”

IMF Forecasts a Decrease in Australia’s Growth

The International Monetary Fund (IMF) has forecast that Australia will slip to 2.8 per cent growth next year, down from an expected peak of 3.2 per cent this year, due to the impact of the continued US-China trade war. The IMF’s October World Economic Outlook report has revised down the forecasts for global growth contained … Continue reading “IMF Forecasts a Decrease in Australia’s Growth”

Launch of the NSW Defence Innovation Network

The NSW government, in conjunction with industry and a number of institutional partners, has officially launched the NSW Defence Innovation Network (DIN) to increase the state’s position as a defence industry hub. Officially launched by NSW Minister for Trade and Industry Niall Blair and Assistant Minister for Defence David Fawcett, DIN will provide a range … Continue reading “Launch of the NSW Defence Innovation Network”