investment

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.  

The Victorian Liberal leader, Matthew Guy, has committed to revitalising the state’s manufacturing industry through his government’s $2.5 billion Rebuilding Jobs and Bringing Manufacturing Home program. 

The Innovative Manufacturing Cooperative Research Centre (IMCRC) has released its Annual Highlights Report, highlighting that it has catalysed over $230 million in investment to date in manufacturing innovation and R&D across Australia. 

Chip manufacturing company, Taiwan Semiconductor Manufacturing Company (TSMC) – which supplies silicon for Apple – plans to spend up to $44 billion on increasing its manufacturing capacity in 2022. 

Experienced international funds manager, Grant Dooley, has been appointed chief executive officer of Breakthrough Victoria, which will drive commercialisation and investment in research and projects in the manufacturing sector among others. 

Universal Robots’ commitment to manufacturers in Australia and New Zealand can be underpinned by its investment in its people.  

The Victorian government plans to make a $383.8 million investment in skills, training and higher education in the Victorian Budget 2021/22, enabling Victorians access to the training they need for the jobs they want.  A new skills authority headlines a range of initiatives designed to strengthen the quality of teaching and training, provide affordable accredited training to more … Continue reading New skills authority provides accessible training to Victorian workers →

The NSW government, in launching its international investment strategy, pointed to the state’s capabilities in advanced manufacturing. Named Global NSW, the strategy hopes to attract investment into the state from overseas companies and governments for the benefit of NSW. In launching the strategy, NSW Premier, Gladys Berejiklian, highlighted major projects underway in the state. “As … Continue reading NSW looks to global investment in advanced manufacturing →

A range of Queensland manufacturers have benefited from the government’s Made in Queensland (MiQ) program. The matched grant program has been utilised in 75 projects since 2017. Projects in the latest round of funding have utilised the grants to purchase advanced manufacturing equipment, increasingly employment and upskilling current workers. Queensland Premier, Annastacia Palaszczuk, highlighted how … Continue reading Queensland manufacturers use grants to invest in advanced technology →

NSW is home to some of the world’s most technologically- advanced and globally- competitive defence industries. The NSW government is helping these industries grow, for the highly-skilled jobs they bring to our state and the capabilities they deliver to the Australian Defence Force, writes Stuart Ayres, NSW Minister for Jobs, Investment, Tourism and Western Sydney.  … Continue reading NSW makes a splash at PACIFIC 2019 →

Visiting Victorian defence manufacturer, DefendTex, Minister for Defence Industry, Melissa Price, highlighted how defence is investing in small businesses to build up local capabilities. “Small business is the backbone of the Australian economy and the Defence Innovation Hub is just one avenue for these businesses to succeed in our defence industry,” said Price. Price was … Continue reading Defence funds small businesses to achieve operational excellence →

Funding from the Victorian state government has allowed businesses in the state to innovate and pursue advanced manufacturing processes and develop new business models. The Boost Your Business Voucher Program provides small to medium enterprises (SMEs) to find new markets for their products and invest in growing their workforce. The funding is categorised into eight … Continue reading Victorian investment sees manufacturers adopt new business models →

The Queensland government has appointed Julia Herries as the Queensland Trade and Investment Commissioner – Hong Kong. Herries will be the conduit for Queensland businesses seeking to trade with Hong Kong and garner investment from the city-state. Herries will work to strengthen Queensland’s exports of manufactured goods and products to Hong Kong, the total value … Continue reading A new representative for Queensland manufacturers in Hong Kong →

This week the Western Australian government has announced two grants for innovative businesses to set up in the state. The state government will provide support for local businesses through the X-TEND WA program. Six education programs for investors and innovators are part of the $516,000 pilot program. The programs range from business scale up strategies … Continue reading WA offers investment for innovation →

The Palaszczuk Government, Logan City Council, and nine developers have signed a landmark agreement to deliver $1.2 billion of essential infrastructure to the Yarrabilba and Greater Flagstone development areas (PDAs) in Queensland. Across the two development areas, many services and facilities have been delivered, including the installation of two primary schools, retail precincts, the Yarrabilba … Continue reading Infrastructure deal enables communities to prosper →

The Queensland Government’s first official Queensland-India Trade and Investment Strategy launched today is set to deliver a $1.5 billion trade boost to the state’s economy. The state minister for innovation and tourism industry development, Kate Jones said the Queensland-India Trade and Investment Strategy 2018–2023 outlined the importance of innovation in strengthening Queensland’s ties with the … Continue reading Queensland launches new India trade and investment strategy →

The federal government has concluded negotiations with Hong Kong on the Australia-Hong Kong Free Trade Agreement (FTA), with the deal to come into force next year. The conclusion of the agreement with Hong Kong means Australia now has FTAs with seven of its top eight export markets for goods and services. Australia’s trade minister, Simon … Continue reading Australia concludes free trade deal talks with Hong Kong →

Maryborough’s supplier to the Australian building industry, Hyne Timber, is commencing construction and advanced manufacturing glue laminated timber plant with support from the Queensland State Government. Minister for State Development, Manufacturing, Infrastructure and Planning Cameron Dick said assistance from the government’s $150 million Jobs and Regional Growth Fund will accelerate the development of the new … Continue reading Maryborough manufacturer expanding locally to target new markets →

The Victorian government has released its strategy to help local companies access Southeast Asian markets and increase trade and investment in the growing region. Called Globally Connected, the government’s Southeast Asia trade and investment strategy outlines plans to strengthen and expand the state’s two-way economic relationship with the region, identifying key trends and highlighting emerging … Continue reading Victoria releases Southeast Asia trade and investment strategy →

Blackbird Ventures, Telstra Ventures and Skip Capital have invested $4.8 million in Brisbane-headquartered company Movus, a developer of IIoT (Industrial Internet of Things) sensor and machine monitoring solutions. The investment will allow Movus to scale up to international markets, further refine its product, expand its research and development laboratory, and grow its Brisbane-based team, a … Continue reading Queensland IIoT company, Movus, secures $4.8m investment →