Grants open to WA companies wanting to export to Asia
The Western Australian government is inviting grant applications from SMEs and business associations for grants worth $25,000 to assist them in accessing Asian markets.
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Businesses ‘blindsided’ as export grants slashed
By Denham Sadler The long-running Export Market Development Grant scheme is in crisis, with reforms quietly introduced two days before Christmas ‘blindsiding’ local businesses and leading to the value of grants being cut by as much as 80 per cent, according to expert advisors. On 23 December last year, a press release from trade minister…
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Six agtech projects awarded $4 million on novel feeds for methane reduction
Six grants totalling $4 million have been awarded for projects investing novel feeds to reduce methane emissions from livestock, based on seaweeds, tropical legumes and the chemical 3-NOP.
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Manufacturer first half profit briefs – stories you might have missed
CSL profit dips on Covid disruptions Disruptions to the collection of blood plasma have impacted biotechnology giant CSL in the first half FY22, with EBITDA operating profits down eight per cent to $3.4 billion on sales up three per cent to $8.05 billion. CEO Paul Perreault said the company had responded with multiple initiatives in…
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Labor’s national reconstruction fund: a path to reindustrialisation?
The shadow of COVID and the associated policy failures of the federal government hang heavy over the coming election, with the campaign certain to be chaotic and full of distractions. Here Lance Worrall looks at the biggest policy idea launched to date – Labor’s National Reconstruction Fund. Many voters were shocked to discover early in…
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Demand slowed in second half of 2021, but engineer shortage at ten-year high
Engineers Australia has reported that job vacancies were up 50 per cent for 2021 compared to the year before, with demand for engineers at a ten-year high.
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Fortescue invests 10% of profits into green hydrogen sector
Andrew Forrest’s Fortescue metals group has confirmed it will continue to invest ten per cent of net profits after tax into developing its green hydrogen offshoot, Fortescue Future Industries. Announcing the group’s results for the half year to December, the company said FFI’s FY22 anticipated expenditure was in the range of US$400 – US$600 million.…
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SPEE3D wins award at Military Additive Manufacturing Summit in the US
Additive manufacturing company SPEE3D has won the Expeditionary & Tactical 3D Printing Excellence Award at an event in the United States. The award was at the 6th Military Additive Manufacturing Summit in Tampa, Florida, held by the US Defense Strategies Institute (DSI). “SPEE3D is very proud and humbled to be recognized in the US for…
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Just add water – study to boost Whyalla water supply
State and federal governments and major mining companies are backing a $15 million feasibility study to solve one of the major constraints of industrial and mining development in the state – a lack of water. With the Whyalla steelworks and existing copper mines supplied by pipeline from the Murray or underground, planned massive expansions of…
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Be less ‘dogmatic’ on picking Industry winners: Husic
By Joseph Brookes As industry policy is reconsidered around the world, Australia’s federal Opposition says it is time to move on from ‘dogmatic’ notions of not picking winners, promising to direct a $15 billion Reconstruction Fund to areas of strength and national priority. Shadow minister for industry and innovation Ed Husic this week told Parliament…
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