Coalition grows digital economy by $14B

Australia’s digital economy has grown by approximately $14 billion under the Coalition Government, according to a new Australian Bureau of Statistics report just released. The ABS research paper finds that digital economy activities grew rapidly, both in current price and volume. Domestic production of digital products has grown from approximately $79 billion in 2012-13 to $93.5 billion in 2016-17, thanks to the…

New round of Mets funding ignites eight projects

The Liberal National Government is supporting the mining equipment, technology and services (METS) sector, with funding of more than $4 million going into eight projects. The grants under Tranche 3 of the METS Ignited Project Funds initiative will be boosted by a further $6.9 million cash contribution from industry, with this round focussing on robotics and automation. Minister for Industry, Science and…

French connection for innovation and science

A delegation of senior French leaders from research organisations and universities is visiting Australia this week to further strengthen our science and innovation relationship with France.  The French Minister of Higher Education, Research and Innovation, Ms Frédérique Vidal, is leading a delegation of 50 French experts who will formalise a total of 24 cooperative arrangements with Australian innovation and science partners.…

Blue economy supporting national prosperity

Australia’s marine industry is making an annual contribution of almost $70 billion to the national economy, according to a report released today.  Commissioned by Australia’s tropical marine science agency, the Australian Institute of Marine Science (AIMS), the AIMS Index of Marine Industry is a biennial update of the impact of Australia’s marine sector.  Minister for Industry, Science and Technology Karen Andrews…

Adviser to help flood-affected businesses in North QLD

The Liberal National Government is providing a team of dedicated on-the-ground advisers to help flood-affected businesses in North Queensland. Funded by the Coalition Government’s Entrepreneurs’ Programme, the business advisers will run workshops in the region from March to June. Minister for Industry, Science and Technology, Karen Andrews said the Coalition was committed to supporting businesses affected by the floods, which caused widespread…

CSIRO & Boeing teamwork soars

CSIRO and Boeing have taken their teamwork to new heights with the announcement today of 20 new joint research projects. Minister for Industry, Science and Technology Karen Andrews congratulated the organisations for their cooperation, saying CSIRO and Boeing are both leaders in their respective fields. “For 30 years they have explored technologies together, ranging from airport modelling software to collision awareness…

World’s largest telescope a step closer to reality

Infrastructure designs for the Square Kilometre Array (SKA) in Australia and South Africa have been officially completed, marking a significant milestone for the world’s largest telescope.    The designs were completed by a CSIRO-led Infrastructure Australia consortium, one of twelve groups worldwide designing specific aspects of the Square Kilometre Array. Minister for Industry, Science and Technology Karen Andrews said the Australian…

Australian businesses share in $5.4m in grants

Twelve businesses will share in $5.4 million in funding in the latest round of Liberal National Government’s Accelerating Commercialisation grants.  The funding will help businesses from Queensland, Victoria, New South Wales and South Australia take their products to market through steps such as product trials, development and market testing. Minister for Industry, Science and Technology Karen Andrews said the…

Labor deflecting from their taxes

Labor’s announcement today is another poor attempt to distract from their $200 billion in new and increased taxes. If Labor cared about tradies they would scrap the new taxes they are planning to introduce, which will directly hurt hundreds of thousands of tradies. Labor’s plan to scrap negative gearing as we know it and increase the capital gains tax by 50…