government and regulation

With swirling accusations of him holding dual citizenship, Senator Matt Canavan has decided to step aside from Federal Cabinet as the Minister for Resources. At a media conference held yesterday, he said that his mother had applied for his Italian citizenship in 2006 without his knowledge or consent, while applying for herself. He also mentioned that … Continue reading Canavan steps down as Minister for Resources →

Last week, the Department of Industry, Innovation and Science Australian announced that it will begin working with the States and Territories that are prepared to develop their own gas resources through the new $26 million Gas Acceleration Program (GAP) to fast track new gas to the east coast market. At the COAG Energy Council meeting … Continue reading $26 million for new east coast gas projects →

QuintessenceLabs was awarded a $3.26 million investment from the Australian Department of Defence to continue the expansion of its quantum key distribution (QKD) capabilities and extend it to free space communications. This was the largest of the eight investments recently made by the Defence Innovation Hub, a part of the Australian Department of Defence. QuintessenceLabs … Continue reading QuintessenceLabs gets investment boost from DoD →

Sydney will be home to a world leading startup and innovation hub, creating up to 6,500 new jobs, thanks to a $35 million investment from the NSW Government. A media release from the NSW Industry mentioned that the Sydney Startup Hub will be the first of its kind in the Southern Hemisphere and will allow … Continue reading Sydney to “cement” its place as a global startup leader →

Last week, the NSW government announced the funding for the renewal of the Fitzroy Street shipyard slipway to reactivate the Port of Newcastle and the Hunter as a major marine ship repair and maintenance precinct. For this project, defence company Thales Australia will begin stage one of a phased redevelopment of the site, creating an … Continue reading New life breathed into Newcastle maritime maintenance →

A BIS Research report forecasts the global 3D printing plastic and photopolymer material market is estimated to reach $1.86 billion (A$2.37 billion) by 2023 at a CAGR of 21.5 per cent from 2017 to 2023. The report says that it is because of the reliable properties of plastic and photopolymer, their cost effectiveness as compared … Continue reading Global 3D printing plastic and photopolymer market to reach A$2.37 billion by 2023 →

An in-principle agreement by Hydro Tasmania to buy electricity from the proposed Granville Harbour wind farm on Tasmania’s west coast is gathering momentum. According to a press release by Hydro Tasmania, the in-principle Power Purchase Agreement with Westcoast Wind Pty Ltd has been reached in consultation with the Tasmanian Government. The agreement sees Hydro Tasmania … Continue reading Granville Harbour wind farm proposal gathers momentum →

At the recent Paris airshow, it was reported that Boeing released a forecast for aerospace services demand, projecting the need for expansive services over the next 10 years, valued at US$2.6 trillion (A$3.4 trillion). The outlook is said to demonstrate “tremendous potential” for growth in the aerospace services markets Boeing serves, including: Maintenance, engineering and … Continue reading Boeing: Tremendous growth predicted in aerospace market →

South Korea’s JB Asset Management has put in its bid alongside private equity firm Newlake Alliance for the Arrium Australia assets which include the Whyalla steelworks, according to a report by the AFR. The report mentioned that the Korean consortium is also proposing a 200 megawatt gas-fired power plant be built as part of the proposal which would not … Continue reading JB Asset Management $5.3b backing of Newlake’s Arrium bid →

Victorian Manufacturing Awards 2017 was presented in the Crown Palladium and rewarded the best Manufacturers in small, medium and large businesses. The theme for the event was centred around Australia’s drive towards growing advanced manufacturing – a concept that is gaining traction among many Australian manufacturers, especially the SMEs. The opening keynote address by Jake … Continue reading Advanced manufacturing to be a focus: Victorian Manufacturing Hall of Fame Awards 2017 →

Over the past few decades, the manufacturing industry has undergone numerous major upheavals. Right now, we are witnessing the dawning of the next era with Industry 4.0, boosted in Asia by China’s recently announced China 2020 vision, in which they outlined plans to adopt new technologies and industries, marking a shift away from traditional manufacturing, … Continue reading The dawn of the new industrial era with the smart factory →

According to research by Curtin University, corrosion may be costing the Australian economy more than $30 billion each year. Within industrial environments, exposure to things like water, acid or salt causes corrosion of geared motors. This, in turn, reduces the strength of the corroded parts and inevitably means they have to be replaced. In corrosive … Continue reading Corrosion is eating away at Australian industry →

It may sound like science fiction, but wastewater treatment plants may one day turn ordinary sewage into biocrude oil, thanks to new research at the Department of Energy’s Pacific Northwest National Laboratory. The technology, hydrothermal liquefaction, mimics the geological conditions the Earth uses to create crude oil, using high pressure and temperature to achieve in minutes … Continue reading Making fuel out of sewage →

The new GEMÜ 4242 combi switchbox is suitable for secure and fast applications in most food and other types of process plants. It is small, compact and light, and is ideal for pneumatically operated linear actuators. With its integrated 3/2-way pilot valve made of anodized aluminium or stainless steel, the new combi switchbox 4242 from … Continue reading New switchbox for food processing plants →

Modern automated industrial processes rely heavily on the precise control of process conditions, making it critical to detect emerging deviations. A King Abdullah University of Science and Technology (KAUST)-led research team has now developed a highly sensitive incipient anomaly detection method with the potential to dramatically improve industrial productivity, quality and safety. From oil and … Continue reading New method for early detection of industrial process problems →

Emerson Automation Solutions expands its vortex flow meter portfolio with the addition of the Rosemount 8600 Utility Vortex Flow Meter, designed specifically for utility applications. Its application-specific design reduces installation costs, provides accurate and reliable flow measurement, and extends vortex technology into a wider range of applications. The Rosemount 8600 Utility Vortex delivers the benefits … Continue reading New vortex flow meter for utility applications →

NHP has announced a partnership with local IoT experts, Switch Automation, to deliver InfoSyte, an exclusive energy management software solution from NHP tailored for the Australian and New Zealand markets. A powerful cloud hosted energy management platform, InfoSyte has the ability to integrate with energy, water and gas measuring devices along with other facility systems such as building management systems (BMS) and … Continue reading NHP partners with Switch Automation to deliver InfoSyte →

With the completion of the US$9.3 billion acquisition of ERP provider NetSuite earlier last month on November 7, Oracle outlined what customers should be expecting in the coming months. Co-CEO Mark Hurd made one point clear – NetSuite will continue as its own global business unit and that Oracle intends to invest in the product … Continue reading Oracle ‘s NetSuite acquisition won’t change a thing →

Company tax cuts are a key component of Australian Treasurer Scott Morrison’s plan to drive growth in jobs and wages, spurring on the Australian economy. There’s no question that tax cuts and lower energy prices will enable companies to keep more of the money they make. But it’s not more money per se, but what … Continue reading Management education, not just tax cuts, needed to create jobs and growth →

When we spoke to ANCA co-founder Pat Boland, shortly after the company won one its many export awards, the conversation began and ended on the same subject. Specifically: the needs of its customers and how these drive innovation. Concepts like “listening to the customer” and “understanding their problems” almost sound so obvious that they’re barely … Continue reading How an export champion maintains its innovation edge →