The Minister for Jobs and Innovation, Sen the Hon Michaela Cash has released yesterday a report entitled “Australia 2030: Prosperity Through Innovation”, that details a strategic plan for the Australian innovation, science and research system out to 2030. The report covers the need for and opportunities from innovation; five elements of a sustainable national innovation system; and a roadmap for implementation.
Design and design principles are integral to success in advanced manufacturing. The 60th annual Good Design Australia awards are open for entries until 9 March 2018. The ten design disciplines include awards for product design, awards recognising the role of design in driving business strategy, design for social impact and digital. There is also a new category for engineering.
Manufacturing CEOs say that, on balance, 2017 was the best year in the last five years. Two thirds of them expect 2018 to deliver a better top line result than last year and a little over half expect better profits. The results are in the Ai Group National 2018 CEO Survey of Business Prospects.
State governments have shown recent interest in policy frameworks to support advanced manufacturing. They are aimed at encouraging existing industry players to adopt a range of attributes to enhance innovation capacity, international competitiveness and use of advanced technologies. AAMC has summarised the field of policies.
The Commonwealth Government has announced up to $3.8bn in loan finance and $20 mil annual direct funding to underpin a Defence Export Strategy. The Strategy backs up the aspiration of building a substantial defence export industry off the $200bn defence expenditure program.