Plans for a $2 billion expansion to the Snowy Hydro Scheme are essential to combat “staggering” electricity prices, according to the project’s chief executive, Paul Broad. Broad has said in an interview that the project is looking to the “market of the future” and will help “keep the lights on”for Australian consumers paying more for their power compared to … Continue reading Snowy 2.0 expansion will ease Australia’s ‘staggering’ electricity prices
Industry innovators must “embrace change” if Australia is to remain open to business in the global marketplace, it has been claimed. Arthur Sinodinos, industry minister, suggests there is an “increasing lack of respect for the scientific method” and argues a case for “more research and more innovative thinking”. His views were reported in the AFR … Continue reading Industry minister warns Australia must ‘embrace change’ on global stage
Energy company AGL claimed that Australian manufacturers will be short of gas this winter unless LNG from Queensland is reserved for local industry, according to the AFR. The advice comes as some Australian manufacturers worry that the gas shortage is much worse than first feared. AGL head of wholesale markets Richard Wrightson that he did … Continue reading Winter is coming and Australian manufacturers could be short of gas
Australia’s defence minister Marise Payne yesterday welcomed the delivery of the country’s EA-18G Growler electronic attack aircraft. The Growlers were on show at the Avalon Air Show in Victoria and will be used to attack enemy defence systems. Payne said that the new Growlers would help add to Australia’s electronic attack capabilities. “The Growler can … Continue reading New Growler aircraft to disrupt electronic capabilities of Australia’s enemies
The United States Energy Association executive director Barry Worthington went to Canberra last Friday to discuss energy management and Trump administration energy policy. Australia is currently dealing with a variety of energy issues including resource management, old infrastructure, and a natural gas shortage because of limits on supply and no domestic gas stockpiling. Worthington talked … Continue reading US Energy Association goes to Canberra to discuss energy landscape
The Australian head of the Joint Strike Fighter Program, air vice-marshal Leigh Gordon, has said that the next batch of the F-35 aircraft are on track despite glaring problems with the planes’ software, according to the Sydney Morning Herald. Gordon said that the Royal Australian Air Force (RAAF) will get all of the next batch … Continue reading JSF program on track despite software glitches
Melbourne based family manufacturer, Marand, has partnered with BAE Systems to build highly armoured reconnaissance vehicles for the Army, according to The Australian. The Department of Defence (DoD) will spend a year testing prototype vehicle contenders, including the Marand/BAE contribution, to ensure they can survive on modern battlefields. DoD is upgrading its current “soft-skinned” Land … Continue reading Family company partners with BAE Systems to build next-gen armoured vehicles
Industry analyst Frost & Sullivan has projected the total spending on ‘Internet of Things’ (IoT) will hit nearly US$79 billion (A$104.2 billion) by the year 2020. Within the Asia Pacific region, the manufacturing industry expected to grow the quickest, with a rapid compound annual growth rate (CAGR) of 52.7 percent that started in 2015 and … Continue reading Embracing a new age in connectivity
Software company Cisco Systems has acquired software software start-up AppDynamics for US $3.7 billion (A$4.91 billion). According to Reuters, the acquisition price was double the private market valuation of AppDynamics, which was going to go to an initial public offering (IPO). AppDynamics will become part of Cisco’s IoT and Applications business. The start-up’s software helps … Continue reading Cisco snaps up AppDynamics for US $3.7 billion
The latest New Zealand Manufacturers and Exporters Association (NZME) survey of business conditions in December showed a 9.02 per cent increase in domestic sales almost made up for a 10.76 per cent drop in export sales.
A program to teach young people about microchip applications and computer programming is helping underprivileged children in India find a pathway to a better life.
Two years after nearly dropping to less than two per cent of the sauce market, Australia’s oldest sauce brand is on track to increase market share.
How can the Australian government and industry work together to ensure our continuing competitiveness in the globalised environment of today?
There will be no utes made in Australia, following the end of local production for Ford next year.
Customers will now be able to pre-test their desired Kemppi power source using their own materials and consumables; and try various welding software options.
Military vehicle manufacturer Thales Australia is to offer Victorian manufacturers opportunities to play a role in the manufacturing of the company’s Hawkei protected vehicle.
Cochlear, the world’s biggest maker of hearing implants, has experienced a drop in earnings in the second half of this fiscal year.
Florida, US-based lighting company Evolucia has announced an Australian subsidiary, which will target the roadside lighting market and trade out of Hobart.
The stubbornly strong Australian dollar has been accepted as the new norm by some exporters, including Australian audio manufacturer RODE Microphones.
After reports at the weekend, the Australian Federal Police have confirmed that they are reopening old investigations into Oz Minerals and Cochlear regarding alleged bribery of foreign officials.