Australia may spend hundreds of millions of dollars on quantum computing research. Are we chasing a mirage?

By Timothy Duignan, Griffith University The Australian government is going all in on quantum computing. After investing more than $100 million on “quantum technology” in 2021, it is now reportedly considering spending up to $200 million on purchasing a “quantum computer” from a US company. Is this a sensible decision? You might think so, if…

Australians are concerned about AI. Is the federal government doing enough to mitigate risks?

By Toby Walsh, UNSW Sydney Today, the federal Minister for Industry and Science Ed Husic revealed an interim response from the Australian government on the safe and responsible use of artificial intelligence (AI). The public, especially the Australian public, have real concerns about AI. And it’s appropriate that they should. AI is a powerful technology…

Are you one of Australia’s 50 Most Innovative Manufacturers? Nominate today

@AuManufacturing is thrilled to open nominations for the second iteration of our Australia’s 50 Most Innovative Manufacturers campaign. It’s open to all kinds of manufacturers, and is completely free to enter. You can find a nomination form at this link. This time around the theme is “it’s for everybody”. Because innovation is a tool every manufacturer uses,…

Major cyberattack on Australian ports suggests sabotage by a ‘foreign state actor’

By David Tuffley, Griffith University A serious cyberattack has disrupted operations at several of Australia’s largest ports, causing delays and congestion. Late on Friday, port operator DP World detected an IT breach that affected critical systems used to coordinate shipping activity. DP World is one of Australia’s largest port operators, handling approximately 40% of the…

IDT’s good start with new strategy

Pharmaceutical and medicinal cannabis manufacturer IDT Australia has reported a sales turnaround with revenues of $3 million in Q1FY24, up 300 percent on the previous corresponding period. The company told investors it has secured a further $2.1 million in new contracts in October with $4.2 million in contracts at the approval stage. The company’s sales…