Business
‘Couldn’t come at a better time’: Manufacturers hail $1.5b funding promise – Sydney Morning Herald
Manufacturers have welcomed the government’s promise of extra funding, but have called on it to do more to boost productivity and create demand.
“It’s exactly what we need and couldn’t come at a better time,” he said. “It’s new money that they’ve announced.”
The government’s package will be spread across the six priority areas of resources technology, food and beverage, defence and space, recycling and clean energy, and medicine.
It includes a $1.3 billion modern manufacturing initiative that offers grants for major projects commencing in 2021, a manufacturing modernisation fund that will offer $52.8 million in grants to local companie…
-
General15 hours agoCampers evacuated, residents on alert as Moreton Island bushfire intensifies
-
Noosa News21 hours agoPerth Royal Show vendors upset by price hikes, say crowds are down in 2025
-
Business23 hours agoBell Potter names the best ASX shares to buy in October
-
General20 hours agoAustralia welcomes Gaza peace progress, hostage release