The federal government has approved the accelerated acquisition of improved weapon capabilities for the Australian Defence Force at a total cost of $3.5 billion. 

Under the Modern Manufacturing Initiative, the federal government has announced $23 million in support for the Australian Precision Medicine Enterprise. 

The Australian government is investing $19 million in Australian businesses and researchers to develop innovative technologies that could help protect and sustain Australian Defence Force personnel in the field.  

After developing the technology to build longer lasting, greener, more efficient, more affordable solar and EV batteries, Zero Emissions Developments (ZED) is seeking $30 million in private investment to build a manufacturing plant that will produce them. 

A new strategic element of the federal government’s $60.2 million Global Science and Technology Diplomacy Fund aims to increase expertise and expand global cooperation in science and technology – including for manufacturing.