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The Latest Breaking News from NRF

South Africa has one of the strongest navies in Africa: its strengths and weaknesses

The deaths of three members of the South African Navy (SA Navy) on 20 September 2023, when a freak wave swept them off the deck of the submarine SAS Manthatisi, has put the spotlight on the organisation and its work. André Wessels is a military historian; his latest book is…

The Conversation

Search begins for inaugural NRF chief executive

The Albanese government has begun searching for an inaugural chief executive to take charge of the entity overseeing its landmark $15 billion National Reconstruction Fund. Executive search firm Johnson Partners has been appointed to find a leader with investment experience to join the newly created National Reconstruction Fund (NRF) Corporation.…

InnovationAus

National Research Foundation’s chance to bridge India’s science-society gap

The National Research Foundation, India’s new research funding agency with a Rs 50,000 crore budget, aims to boost research and innovation.

The Hindu

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Johannesburg fire: there was a plan to fix derelict buildings and provide good accommodation - how to move forward

Thousands of Johannesburg inner-city residents occupy buildings in conditions like those that led to the fire at 80 Albert Street that killed at least 77 people. They are living in derelict multi-storey buildings, former office blocks, sectional title buildings, tenements, warehouses and factories.

The Conversation

University spin-outs should not be an NRF focus: Dalidakis

Technology companies that are spun-out from deep-pocketed universities should not be an investment focus for the National Reconstruction Fund, according to former Victorian minister for small business, innovation and trade, Philip Dalidakis. Top tier universities have significant balance sheets and their researchers already have access to significant funding through other…

InnovationAus

Abercrombie Rallies; Kohl's Surges; Dick's Sporting Goods Dives On Shoplifting Woes; Macy's Cautious

Retail earnings: Abercrombie rallies on bit beat. Dick's Sporting Goods reported miss, weak guidance on shoplifting. Macy's remains cautious.

Investors Business Daily

Business Council wants NRF narrowed

The Business Council of Australia wants the $15 billion National Reconstruction Fund to support fewer industries and be dedicated to critical technologies. The business lobby group called for the fund to focus on co-investment in “about five areas of critical sovereign capability or global supply chains”, specifically flagging semiconductors, space,…

InnovationAus

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Electrical union wants Australia’s net zero targets boosted by ‘substantial’ investment and state ownership

Exclusive: Influential leftwing unions to tell Labor’s national conference party it must seize ‘most significant economic opportunity since the Industrial Revolution’

The Guardian - AU

6 tips for cutting costs on back-to-school shopping

An estimated $135 billion will be spent on back-to-school and back-to-college shopping in 2023, according to the National Retail Federation, representing the second-largest spending period of the year, behind only the holidays

The Independent UK

With the NRF board settled, all eyes turn to Industry Growth Program

The appointment of a chair and board of directors for the National Reconstruction Fund marks a new phase in the development of the $15 billion co-investment fund that started in March 2021 as an early election commitment from then-Opposition leader Anthony Albanese. With the board in place, the important work…

InnovationAus

Husic unveils NRF board, taps clean energy veteran as chair

Former Clean Energy Finance Corporation director Martijn Wilder will chair the eight-member board of the Albanese government's $15 billion National Reconstruction Fund. Industry and Science minister Ed Husic announced the board on Wednesday, appointing directors with expertise across the seven industry priority areas of the National Reconstruction Fund (NRF). Both…

InnovationAus

Your family will probably spend $890 on back-to-school shopping this year, retail trade group says

The demand for electronics in the classroom is driving parents to spend more, a National Retail Federation survey found.

Fortune

Parliament proceedings | Lok Sabha passes National Research Foundation Bill

The Lok Sabha passed the Anusandhan National Research Foundation Bill, that proposes to establish the National Research Foundation

The Hindu

Proposed National Research Foundation to provide ‘strategic’ direction, generate private funding

The Anusandhan National Research Foundation Bill, which proposes to establish the National Research Foundation, a new body that will provide “high level strategic direction for research, innovation and entrepreneurship”, was tabled in the Lok Sabha. The National Research Foundation proposes a more expansive definition of research which includes science, engineering,…

The Hindu

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The Hindu

Weighing in on the National Research Foundation Bill

The budgetary allocation for the National Research Foundation should not be reduced

The Hindu

Re-examine proposal to draw funding from private sector for National Research Foundation, say scientists

AIPSN demands Central govt re-examine proposal to privatise research funding. It calls for open scrutiny by scientific community, citing concerns of centralisation, lack of oversight and not addressing existing structural problems. It has launched signature campaign to remit NRF Bill to Parliamentary standing committee for assessment. AIPSN says Bill seeks…

The Hindu

No quick fix: On National Research Foundation Bill

The challenge in India is that there are too few institutions that see the value in investing in research and development

The Hindu

Explained | What to expect from the Monsoon Session of Parliament?

The Narendra Modi-led government is set to introduce 21 new Bills in the Monsoon Session which begins on July 5. Read The Hindu explainer on the old and new Bills that are likely to be taken up and the issues which are set to rock Parliament yet again.

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The Hindu

Explained | What is the National Research Foundation?

How will India’s National Research Foundation facilitate “ease of doing science”, particularly at a time when the nation’s gross domestic expenditure on research and development is too low compared to the U.S. & China? Binay Panda, a JNU professor in New Delhi, explains.

StockNews.com

3 Retail Stocks to Supercharge Your Portfolio Today

Despite macroeconomic challenges, retail sales are expected to grow this year thanks to easing inflation and a strong labor market. Therefore, it could be wise to buy fundamentally strong retail stocks Murphy USA (MUSA), ODP Corporation (ODP), and Sally Beauty Holdings (SBH). Keep reading.

StockNews.com

3 B-Rated Consumer Good Stocks for Today's Market

Despite macroeconomic challenges, the consumer goods industry is expected to grow this year as it enjoys robust demand. Against this backdrop, it could be wise for investors to buy fundamentally strong consumer goods stocks LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY), Procter & Gamble (PG), and ACCO Brands…

InnovationAus

$50m in CRC grants for quantum, turbines and chicken research

Chicken breeding, quantum computing and wind turbine recycling are among 24 projects sharing in $50 million of funding from the federal government’s long running industry led research program. To be announced Friday by Science and Industry minister Ed Husic, the funding comes from the 14th round of the Cooperative Research…

The Hindu

Cabinet approves Bill for National Research Foundation to make research more equitable

The NRF will be governed by a governing board consisting of 15 to 25 eminent researchers and professionals.

InnovationAus

$392m Industry Growth Program opens for consultation

The Albanese government has opened the consultation process on a new $392 million Industry Growth Program, a new early-stage commercialisation initiative to bridge the ‘valley of death’ facing young SMEs working on innovative projects that align with the National Reconstruction Fund. Industry minister Ed Husic on Wednesday released a discussion paper…

Axios

Father's Day gift spending reaches new records but lags behind Mother's Day

Consumers are expected to spend nearly 36% or $12.8 billion less on dads than they did on moms last month.

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