How Australia’s grant system is currently locking $33 million from those doing the heavy lifting

Australia’s grant system is working exactly as designed. And that’s the problem, writes Paul Carmignani, Managing Director of Powertech. Right now, if you’re a small business or a not-for-profit, there’s likely a funding stream available to help you test an idea, buy equipment or build capability. If you’re a multinational or a university, there’s even…

WA allocates $25 million to ‘securing the poles and wires’ through local manufacturing

The Western Australian government has pledged $25 million in funding for manufacturing related to the energy transition ahead of the Thursday state budget. According to a statement from treasurer Rita Saffioti and other ministers, the package will help diversify the state economy and “secur[e] the poles and wires” needed for the energy transition. It includes:…

Victorian government strengthens local jobs legislation with new enforcement powers

The Allan Labor Government introduced the Local Jobs First Amendment Bill to parliament on Wednesday, delivering new enforcement powers to ensure government contracts and projects benefit Victorian workers and businesses. The bill will give the Local Jobs First Commissioner new compliance and enforcement powers to ensure contractors meet their commitments to use local workers, products…

Adelaide tech company achieves $2.3 million in development milestones

Adelaide-based Micro-X has achieved $2.3 million worth of development milestones across three major contracts with international partners, the company announced on Monday. The hi-tech company achieved Milestone 3 under its Development Agreement with the US Advanced Research Projects Agency for Health for a Full Body CT scanner, delivering $1.4 million. Micro-X also achieved Milestone 2…

Fleet Space partners with quantum companies for mineral exploration

Australian space exploration company Fleet Space has announced partnerships with three quantum technology companies to develop next-generation sensors for mineral exploration. The company said on Wednesday it had partnered with mDetect, Nomad Atomics, and DeteQt to expand technology for the global mining industry by developing quantum sensors for AI-powered mineral exploration. The partnerships will advance…