By Peter Roberts Industry and Science minister Ed Husic has lashed the federal opposition’s plans to oppose the government’s signature $15 billion National Reconstruction Fund – despite Labor taking the fund to the election and securing a mandate for the policy. Speaking in federal Parliament Husic called the coalition the ‘null-alition’ when it came to…
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Building products group Boral has reported improved revenue and profit in the six months ended 31 December 2022 with its upwards pricing decisions taking hold, but the board again did not declare a dividend. In this the first year under new CEO Vik Bansal, the company reported an underlying net profit after tax (NPAT) of…
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The focus of reporting on the AUKUS agreement between Australia, the US and the UK has been on the promise of locally built nuclear-powered submarines. But it is about so much more from AI and quantum computing, to hypersonic aircraft and systems. Here, Michael Sharpe explains how AUKUS will unlock the power of innovation Pillar…
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By John Blaxland, Australian National University The United States’ shooting down of a Chinese spy balloon off the coast of South Carolina over the weekend points to international security affairs being on a knife edge. It follows a surge in crises and tensions over the past few years, including Russia’s invasion of Ukraine, prompting the…
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The Ai Group’s newly launched Australian Industry Index has taken a big fall in December/January 2023, dropping 10.5 points to minus 11.6 points. (Negative scores indicate contraction.) This score indicates an acceleration of contraction in the industries covered by the index and is the ninth month of contraction since May 2022, according to Ai Group.…
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It is not often that you see a photograph of a cute little marsupial in @AuManufacturing’s news pages. But this little fella, a ground-dwelling marsupial a Golden Bandicoot, has been the beneficiary of a huge conservation project in outback New South Wales featuring Australian-made fencing. For over 100 years the InfraBuild Newcastle site at Mayfield,…
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Australia set to pass 100,000 electric vehicles New research by the Electric Vehicle Council has shown Australia on track to soon pass a milestone of 100,000 electric vehicles, with more than 83,000 EVs estimated to be on the country’s roads now. The research in the Australian Electric Vehicle Industry Recap 2022, also found that of the…
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The federal government has announced a review of defence industry policy, and is also close to making an announcement on its selection of Australia’s future nuclear powered submarines. At the same time relations with China are in the news. Here Sarah Pavillard looks at the opportunities opening up for defence industry. Major announcements will come…
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Magnis Energy Technologies appears to have walked back on its plans, once vigorously promoted, to build a lithium-ion mega factory in Townsville, Queensland. As recently as 2020 Magnis had reaffirmed its commitment to construct a $2 billion, 18GWh lithium-ion battery mega factory in three stages. However since then it appears to have focussed on the…
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Dovetail Electric Aviation began in 2021 and is chasing a market estimated at $US 15 billion for retrofitting electric propulsion systems onto small airplanes. Brent Balinski spoke to co-founder Rachael Barritt about their story so far. A bit over two years ago, this website reported with sadness that MagniX – an Australian-born world-leader in electric…
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