Latest News

Australia’s industries and productivity could be transformed by  ‘foundation models’, the technology underpinning the rise of generative artificial intelligence (AI) — and we can build sovereign capability in this technology — says a new report...
Two new funding programs will grant nearly 70 Queensland businesses close to $10 million. The first initiative will endow 56 companies with more than $5.5 million to bring new and innovative products and services to the market.The Ignite Ideas Fund helps companies take a viable product to market with grants of up to $200,000. The Ignite Spark Program offers grants of up to $75,000 to help...
The Western Australian government is committed to accelerating the state’s energy transition.Its Clean Energy Future Fund (CEFF) has $21.7 million of grants available to support the implementation of projects aimed at decarbonising existing industries, developing new green industries and improving energy efficiency.Applications are now open. Energy, Environment and Climate Action Minister...

industry update - latest survey

How ready is your company for ESG reporting?

As the Australian government consults on implementing climate-related financial disclosures, how prepared is your company for ESG ( Environmental, Social and Governance ) reporting?

Product News

It’s taken a while to come to fruition, but the science has finally caught up with the goal....
A new range of hygienic reducers and enlargers will benefit the food industry.The stainless steel...
Future Vision 2024 is the onsite show from Hare & Forbes Machinery House. It will be held...

Editorial

Scott Filby
Industry Update is pleased to launch its Defence Industry section, which will now be in every...
Margie Smithurst
Welcome to Industry Update’s last edition of the year. Thank you for being such loyal readers in...

Industry Voice

The latest solar tracking solution from PVHardware (PVH) is the Infinity. Its cutting-edge technology increases installation efficiencies and reduces the need for earthworks, so solar farms can be built faster and at lower cost.
Infinity will be used to supply the 100MW Bundaberg solar farm project...

Business & Finance

Many Australian manufacturers seeking avenues for business growth consider business financing. 
For...
Margie Smithurst
When Melt Ventures’ manager Trent Bagnall was looking around for a new startup market to invest in...

Australian Made

Research shows that Australian consumers remain determined to support local businesses and industry, even as costs of living increase, and Australian...
For nearly a century, Australian business Century Yuasa Batteries has been manufacturing batteries in Australia. 
Lauded for its quality, innovation...
People might think innovation requires the latest novelties, however, many businesses have storage that is so backward they need the innovation of a...

EDUCATION AND TRAINING

In the fast-paced world of manufacturing, an alarming trend has emerged: skilled labour shortages are persisting and posing significant challenges for companies across the country.
As the demand for...
It flies well under the radar, but the Clontarf Foundation is a standout example of how to actually improve the lives of Indigenous and Torres Strait Islander people – in this case, young boys and...

COMMUNITY : Manufacturers Making a Difference

Fairy Bread Day, initiated by Melbourne-based confectionery manufacturer, Dollar Sweets, last year raised $35,000 for The Pyjama Foundation, enabling it to support 23 new ‘Pyjama Angels’ who will...
The Queensland Government is bolstering support for women in manufacturing through the launch of the Women in Manufacturing Apprentice Awards in 2024. 
Nominations are now open for the Women in...

Industry Politics

My prediction is that if Donald Trump does win the presidential nomination for the Republican Party, he will ask Dr Ben Carson to be his Vice President. 
Ben Carson has a great relationship with Trump and it will help with...
Last month, the board of the National Reconstruction Fund met for the first time and the NRF Corporation is now officially up and running. 
The NRFC will provide $15 billion in co-investment finance alongside and in...
At the Klondyke Range Complex in Western New South Wales last week,  Electro Optic Systems (EOS) demonstrated its Australian-made directed-energy and kinetic, counter-drone capabilities in a field environment, for an...