New legislation clears the way for AUKUS n-submarines

The federal government has introduced the Australian Naval Nuclear Power Safety Bill 2023, which will establish a new, independent regulator to ensure Australia applies the highest standards of nuclear safety across its nuclear-powered submarine enterprise and can continue to implement AUKUS without delay. This is the second legislative package introduced to support implementation of the…

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Rail manufacturing strategy aims to coordinate procurement

The federal government has released a National Rail Procurement and Manufacturing Strategy, aiming to help grow a sustainable rail manufacturing sector, increase productivity, international competitiveness and industry participation. To be delivered in partnership with the states and territories the Strategy has six pillars: Develop a nationally coordinated approach to rolling stock procurement Harmonise standards for…

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Weld Australia announces winners of Queensland and NT Excellence Awards

Weld Australia announced the winners of its 2023 Queensland and Northern Territory Welding Excellence Awards at an event at Indooroopilly Golf Club on Wednesday night. According to a statement from the welding industry peak body, the Excellence Awards are the most prestigious event on the industry’s calendar, and celebrate world-class work being undertaken locally by…

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The banks role in industry assistance – by Damon Cantwell

The advent of the National Reconstruction Fund offers the Federal Government an opportunity to learn from past industry programme mistakes, and make the whole process of industry support more efficient, writes Damon Cantwell. The $15 billion National Reconstruction Fund programme is not offering grants, but a mixture of concessional loans, guarantees and some equity positions.…

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