manufacturing Archives - InnovationAus.com

SMEs secure $1.9m from Victorian manufacturing grants

Brandon How — Thu, 01 Aug 2024 07:48:14 +0000

Nine small to medium-sized manufacturers have secured $1.9 million in grants in the latest round of the Made in Victoria manufacturing growth program. The recipient businesses operate in a diverse range of sectors from food and beverage manufacturing to construction, packaging, and transport. While each dollar of the up to $250,000 grants needed to be...

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Govt defends blue hydrogen funding amid green push

Brandon How — Mon, 29 Jul 2024 20:48:23 +0000

The Albanese government has defended its investment in a controversial coal-to-hydrogen project with the Victorian state government because it honours a Turnbull-era commitment to Japanese partners. Pre-commercialisation support for the Hydrogen Energy Supply Chain (HESC) project, a so-called ‘clean’ hydrogen development using carbon, capture, and storage (CCS), comes despite the federal government’s commitment to making...

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‘Delay means disinvestment’: Govt unswayed by PC policy warning

Joseph Brookes — Thu, 25 Jul 2024 09:28:54 +0000

Assistant Manufacturing minister Tim Ayres has fired back at critics of the Future Made in Australia agenda that seized on a Productivity Commission report casting doubt on nearly $23 billion of industry intervention. The PC’s newest research finds pouring taxpayer funds into industries to create or build comparative advantage is risky and that poorly designed...

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PC raises alarm on govt’s comparative advantage bets

Brandon How — Wed, 24 Jul 2024 12:30:39 +0000

The Productivity Commission is challenging a foundation of the Albanese Government’s Future Made in Australia agenda, arguing Treasury is inappropriately using an oft-cited economic theory as grounds for interventionist industry policy. Treasury has identified renewable hydrogen, green metals, and low carbon liquid fuels as priorities for industry development on the basis these sectors “are expected...

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World’s largest battery maker makes first Aussie R&D move

Brandon How — Tue, 09 Jul 2024 08:34:38 +0000

CATL, the world’s largest lithium-ion battery manufacturer, has entered its first Australian research and development partnership, linking up with electric vehicle charger producer Gold Coast-based eLumina. eLumina confirmed on Tuesday that its factory is on track to be operational by the end of next month. It will have an annual production capacity of 300 chargers...

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Future Made in Australia Bill lands in Parliament

Brandon How — Wed, 03 Jul 2024 03:08:22 +0000

The Albanese government has paved the way for a new era of interventionalist industrial policy based on community benefit with the arrival of its Future Made in Australia legislation. Treasurer Jim Chalmers introduced the Future Made in Australia Bill to Parliament on Wednesday, arguing that it will help the country “build a more diversified and...

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Qld charts Australia’s battery supply chain

Brandon How — Tue, 02 Jul 2024 20:53:07 +0000

More than half the companies in Australia’s battery supply chain are either equipment suppliers or offer integration services and maintenance, according to a new database launched by the Queensland government. The Battery Supply Chain Database, launched on Tuesday, lists companies that have existing capabilities in one of eight supply chain segments, as well as their...

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Future Made in Australia: PM spruiks startup benefits

Brandon How — Thu, 27 Jun 2024 03:32:02 +0000

Scaling local startups will form a key part of the Future Made in Australia plan, according to the Prime Minister, who will next week introduce legislation for the flagship industrial policy. On Thursday morning, Prime Minister Anthony Albanese said Future Made in Australia (FMiA) would capitalise on existing IP developed in Australia and “bring the...

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NSW govt is falling behind on procurement, manufacturers warn

Brandon How — Wed, 26 Jun 2024 09:02:36 +0000

New South Wales Government procurement reform is needed to target more local manufacturers or risk losing them to other jurisdictions with more favourable policies, a state inquiry heard Wednesday. The inquiry into state government procurement practices and their impact on social development was told that public servants should be basing decisions on the additional value...

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WA’s $8m wind turbine component facility run by AMGC

Brandon How — Fri, 21 Jun 2024 05:26:54 +0000

The Advanced Manufacturing Growth Centre will drive the Western Australian government’s $8 million plan to boost wind turbine component manufacturing in the state. Formerly operating as one of the federal Industry Growth Centres, the now independent AMGC will administer a new industry support program aimed at developing local capacity and capability for wind turbine manufacturing...

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