The venture capital sector must shift focus from headline valuations and funding rounds to long-term economic contributions, including profitability, job creation, export potential, and flow on investment, argues John H Howard. Here he looks at the growth of VC in Australia, its appeal to policymakers, journalists and others, and calls for a balanced appreciation of…
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Round 26 CRC information session on March 26 A special information session is being held by Cooperative Research Australia for those bidding or considering bidding for a Cooperative Research Centre (CRC.) Hosted in collaboration with the federal Department of Industry, Science, and Resources, the session comes ahead of Round 26 of CRC grants (closing on…
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By Timothy Weber, Australian National University and Andrew Blakers, Australian National University Australia’s energy policy would take a sharp turn if the Coalition wins the upcoming federal election. A Dutton government would seek to build seven nuclear power plants at the sites of old coal-fired power stations. The Coalition says its plan makes smart use…
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Packaging and recycling business Visy has released a virtual tour through one of its recycling facilities, allowing a user to see how materials are separated into different streams “through manual, mechanical and optical sorting,” how sorted materials are made into new products, and other onsite goings-on. In a statement on Tuesday, Visy said the virtual…
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ASX-listed additives developer and manufacturer First Graphene has announced that over three tonnes of its PureGRAPH-CEM product has arrived in the UK, ahead of scheduled concrete pouring in May for trials in a major road infrastructure project. In a statement on Tuesday, the Perth-headquartered company said the next phase of trials with the UK’s biggest…
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Three newly-approved wind farms for NSW will benefit Australia’s shift to renewable energy, though will help Chinese rather than local manufacturers, industry body Weld Australia has said. Welcoming the farms at Liverpool Range, Spicers Creek, and Hills of Gold, Weld Australia claimed them as “a necessary step forward in Australia’s renewable energy revolution”, yet will…
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Livium’s battery recycling division Envirostream has started receiving initial volumes under new long-term agreements with major clients including BYD and ZECO Energy, according to an announcement released on Monday. The company stated it is focusing on growing end-of-life battery volumes while seeking partners to scale operations to meet future demand, which it estimates will create…
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South Australia welcomed its first cohort of 30 trainees and apprentices under two new defence industry pathways programs aimed at building the skilled workforce needed for Australia’s nuclear-powered submarines and naval vessels, Defence Industry Minister Pat Conroy announced on Monday. The Defence Industry Pathways Program and the Shipbuilding Employment Pathways initiative will ultimately provide training…
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Oceania Glass, Australia’s only architectural glass manufacturer, collapsed after its private equity owner declined to fund a $21 million plant upgrade, administrators told creditors on Sunday. The 169-year-old company, which supplied large glass panes for Parliament House in Canberra, appointed Grant Thornton as administrator on February 4 after facing liquidity issues. Administrator Lisa Gibb informed…
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The Albanese government announced $750 million in funding to support the development of new technologies for Australia’s metals manufacturing sector, according to a joint media release on Friday. The investment aims to help metals manufacturers remain globally competitive while reducing emissions and is part of the $1.7 billion Future Made in Australia Innovation Fund announced…
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