A liberal-dominated Senate committee has dealt a blow to attempts by the federal government to cut $2.4 billion from the budget for research and development. The report of the Economics Legislation Committee led by Liberal Senator Jane Hume unanimously recommended this week that the planned changes be deferred to allow further study. The result of…
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The Australian Renewable Energy Agency (ARENA) has awarded $9.6 million in funding to 12 projects and studies to further the penetration of distributed energy resources (DER) such as household solar power. ARENA CEO Darren Miller said the projects will help to maximise the potential benefits of DER technologies owned by households and businesses. “Rooftop solar,…
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The federal government has signed the much-delayed contract with France’s Naval Group (formerly DCNS) for the building of Australia’s new Attack class submarines. The $50 billion ‘strategic partnership agreement’ (SPA) to build 12 modified French submarines in Adelaide paves the way for the first boat, to be named HMAS Attack, to come into service in…
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Analysis by Peter Roberts It is hard to believe but after tens of billions of dollars spent, Australia heads towards 2020 with slow internet speeds that are going to affect the country’s economic future. New figures released in the Speedtest Global Index show Australia comes in at number 55 globally in terms of internet speed,…
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Metal additive manufacturing company, Titomic (ASX: TTT) has won exclusive rights to two CSIRO technologies to make pipe from titanium and titanium alloys. The exclusive agreement, with CSIRO’s The company announced that Titomic Managing Director, Jeff Lang said: “This is a significant expansion of Titomic’s IP and associated revenue opportunities. “By adding these two new…
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Canadian renewable energy company will invest $30 million to turn a dis-used zinc mine at Angus near Adelaide into an underground energy store. The company will build a commercial-scale demonstration of its Advanced Compressed Air Energy Storage (A-CAES) technology in use in two other sites overseas. The Australian Renewable Energy Agency (ARENA) will provide $6…
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If you’re not a digital business, believes Movus co-founder Brad Parsons, then in a few years you will be out of business.
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The Warship Asset Management Agreement (WAMA) Alliance has hit a milestone in the upgrading of Australia’s Anzac class frigates, with the removal of the mast of HMAS Arunta. The mast is being removed at BAE Systems’ Henderson shipyard in Western Australia and is a crucial part of the class’s midlife capability assurance programme. WAMA Alliance’s…
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First Holden exited Australian manufacturing. Now it is apparently considering closing its Australian subsidiary entirely, shutting its office and handing over distribution of Holden cars to a distributor. If Holden followed this path, revealed in the Australian Financial Review, it would be the final ignominy for ‘Australia’s own car’ that led the market as recently…
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Australian Paper has been given the environmental tick of approval for a $600 million energy from waste plant to power its La Trobe Valley paper mill. Following a $7.5 million feasibility study, the company announced EPA Victoria has issued a works approval for its Energy From Waste (EfW) proposal. Australian Paper is already the state’s…
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