Industry News
A Positive Outlook for Australian Manufacturing in 2024
The Australian manufacturing industry is set for a strong end to the year after three positive data reports landed in late September. The combination of a long-awaited rate cut in the United States, solid job news in Australia and a pick-up in one of the leading sector-specific indices should spell better prospects in the future […]
TAFE Manufacturing Centre of Excellence announced
The Albanese and Minns Labor Governments have announced joint funding of $53.95 million to establish the TAFE NSW Advanced Manufacturing Centre of Excellence – Western Sydney. The centre, to be located at TAFE NSW’s Wetherill Park Campus, will deliver advanced education and training in manufacturing across the engineering, pipe fabrication Australia, and renewable energy sectors, […]
Minimising Warehouse Costs Using Density and Robotics
Just like any other property, the cost of warehousing is subject to the whims of supply and demand. AutoStore Business Development Manager for Australia and New Zealand, Julian Brancaccio said vacancy rates across commercial and industrial warehousing in Sydney are down to 0.04%. What makes that figure scarier is that it refers to stock that […]
Australian Manufacturers Reimagine Mining
Two Australian manufacturers are leveraging spaceborne particles and hyperspectral imaging technology to boost the safety and productivity of mining operations. The Advanced Manufacturing Growth Centre (AMGC) has backed two mining technology projects that will have a positive impact on safety while generating substantial job and revenue opportunities onshore. A system to better manage tailings […]
Packserv’s Position on Manufacturing Challenges
The economic conditions of late have dramatically reshaped the Australian landscape of FMCG manufacturers. Numerous small and medium-sized businesses (SMEs) have exited the market and the number of administrations, liquidations, closures, and sell-offs continues to rise. Packserv MD Nathan Wardell is saddened by the outlook. “It’s just heartbreaking to see so many local Australian […]
$5.06 million To Advance Queensland manufacturing
Manufacturing Skills Queensland (MSQ) has created a first-of-its-kind training plan. The $5.06 million Annual Training Plan outlines 19 programs rolled out from July 1, 2024. It will be delivered across four investment priority areas — attraction and engagement ($1,255,000); impact to trade and industry, transformation, and leadership ($950,000); training and skills ($1,360,000); and diversity […]
ARB Expansion Delivers Local Manufacturing Jobs
Victoria’s automotive sector has been given a boost, with ARB’s new $25 million global headquarters creating more local jobs, investment, and innovation. The 5,100 square metre HQ and Research and Development Engineering Centre in Kilsyth was built with the support of the Allan Labor Government. ARB CEO Lachlan McCann believes this investment will allow […]
Manufacturing SMEs Must Take Cybersecurity Seriously
With manufacturing facing an unprecedented onslaught of cyberattacks, investment in the cyber status of manufacturing has never been more important. But now there is one more reason – and a very personal one for directors: the growing risk of serious penalties and even jail time in cases of gross negligence. The Australian federal government […]
SEMMA Enters Political Waters
The South East Melbourne Manufacturers Alliance (SEMMA) recently invited senior representatives from the Labor and Liberal parties to answer the hard questions regarding issues facing small to medium enterprises (SMEs), including increases in a range of financial and incentive-crippling taxes, increased Workcare premiums, apprenticeships and skill shortages (e.g., Australia’s shortage of welders), energy cost […]
National Robotics Strategy Lays a Strong Foundation
The National Robotics Strategy has been created to help strengthen Australia’s robotics ecosystem. A stronger, more unified robotics industry will harness the benefits of robotics and automation across the Australian economy. Developing, manufacturing, and using these technologies will highlight the benefits of using local Australian steel companies, grow the economy, help revive steel fabrication […]
Charging The Battery Industry
The Australian government’s new National Battery Strategy aims to grow manufacturing capacity, strengthen supply chains, and decrease reliance on offshore products for energy essentials. It dovetails with the government’s previously announced Critical Minerals Strategy to expand downstream processing and help meet future local global demand. Announcing the battery strategy on 23rd May, Minister for […]
Momenta Leads Investment in Composabl
Momenta, the leading Industrial Impact ® venture capital firm, has led the seed round for Composabl, a trailblazing company at the forefront of industrial AI and autonomy. Momenta’s investment, along with the participation of other notable investors such as Ridgeline Ventures, Exposition Capital, and Hannah Gray Ventures, will drive advancements in industrial processes (e.g. […]