The Latest Breaking News from InnovationAus

If you think ‘transparency’ is a buzzword, you’d be easily forgiven. We regularly hear calls and commitments to corporate transparency and, while we know it’s a good thing, do we really know why? It’s a question that the Digital Industry Group Inc. (DIGI) grappled with when we enshrined transparency as…

Another $70 million committed under the Coalition’s Modern Manufacturing Initiative have been executed, continuing the trend of contracted grant recipients having been received a few million more than expected. Arafura Resources is receiving $32.9 million to support development of a rare earth separation plant, while Turbine Sunshine Coast is receiving…

Productivity Commission chair Michael Brennan will not seek reappointment when his five-year term ends in September, with a merit-based recruitment process underway to find a replacement. Mr Brennan was appointed chair in September 2018, having previously served as Commonwealth Treasury fiscal group deputy secretary and Victorian Department of Treasury and…

With the deadline for nominations and entries to the InnovationAus Awards for Excellence just one week away, we are delighted to announced that Australia’s Chief Scientist Cathy Foley and eminent business leader David Thodey have returned in 2023 to joint role of Patrons. The entry deadline for this prestigious awards…

Grants worth $12 million have been awarded through the federally-funded BioTech incubator CUREator to 19 projects across Australia. In the second round of funding, announced on Wednesday, $6 million was awarded for preclinical projects, with $3 million each awarded to clinical projects and security projects. CUREator was set up in…

Australia's critical mineral industry holds immense potential for supporting emerging industries, but we desperately need a strategic approach that fosters innovation and long-term growth. What Australia needs most is value-added manufacturing based in Australia. It’s important for the government to recognise that when Australian companies are competing globally, the support…

Almost $120 million has been secured to progress Queensland's largest hydrogen project, with Singaporean, Japanese, and Australian stakeholders all investing funds. On Friday, the Australian Renewable Energy Agency (ARENA) committed $20 million to support a front-end engineering and design (FEED) study for the part publicly-owned Central Queensland Hydrogen Project (CQ-H2),…

European-built smallsats from Inmarsat will be used to deliver decimeter accuracy to satellite positioning in Australia and New Zealand through the multi-billion-dollar Southern Hemisphere Positioning Augmentation Network from 2027. The $187.4 million contract with the British satellite operator will see one of its three new I-8 satellites used for the SouthPAN…

Artificial intelligence algorithms are quickly becoming a part of everyday life. Many systems that require strong security are either already underpinned by machine learning or soon will be. These systems include facial recognition, banking, military targeting applications, and robots and autonomous vehicles, to name a few. This raises an important…