Australia's manufacturing pivot in a post-coronavirus world as COVID-19 creates 'new era' for the economy
4 years, 8 months ago

Australia's manufacturing pivot in a post-coronavirus world as COVID-19 creates 'new era' for the economy

ABC  

Almost 30 years ago, Sydney-based business Almec created parts for the gaming industry. Though playing down any moves towards more protectionist policies, Prime Minister Scott Morrison has talked up promoting Australia's "economic sovereignty" in a post COVID-19 world. The manufacturing sector expert and former advisor to the Federal Government said the manufacturing industry had been "withering on the vine, for a long time", with paper after paper on how to kick-start the sector either partially implemented or put in the too hard basket. Professor Green said it would come from a "targeted industry strategy" — what Mr Frydenberg calls a re-focus on Australia's "comparative advantage". Australian Manufacturing Workers Union national secretary Paul Bastian said the sector would be critical for Australia to "bounce back" and called for a more collaborative approach between government, industry and workers.

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History of this topic

Unions concerned that Australia is falling behind internationally in developing energy industries
1 year, 4 months ago

Unions concerned that Australia is falling behind internationally in developing energy industries

ABC  

It has being dubbed a renaissance in American manufacturing. A once-in-a-generation opportunity The UTS Institute of Sustainable Futures last year found Australia needs 12,000 new workers in renewable energy by 2025. Ms O'Neil says it's all about framing Australia’s transition to a renewable energy manufacturing hub as a massive opportunity for new jobs. "National prosperity is sitting on a pretty …

The Mending Australia-China Relationship: Powered by Lithium?
2 years ago

The Mending Australia-China Relationship: Powered by Lithium?

The Diplomat  

The meeting between Australian Prime Minister Anthony Albanese and China’s President Xi Jinping on the sidelines of the G-20 summit in Bali on November 15 indicates an easing of tensions between Canberra and Beijing. In a statement justifying the decision, Canada’s Minister of Innovation, Science, and Industry François-Philippe Champagne said, “While Canada continues to welcome foreign direct investment, we will …

Company eyes Australian green steel, lithium battery production in the Pilbara
2 years, 1 month ago

Company eyes Australian green steel, lithium battery production in the Pilbara

ABC  

Plans to produce green steel in the Pilbara and a push to process lithium onshore could lead to a shift in Australia's dig-it-and-ship-it mentality, a consultancy firm says. Key points: An analyst says lithium processing could lead to onshore battery production An Australian company is aiming to produce zero emission green steel The iron and steelmaking industries produce about seven …

Australia's lithium miners powering the global electric vehicle charge
3 years, 5 months ago

Australia's lithium miners powering the global electric vehicle charge

ABC  

Australian miners are in the driver's seat to take advantage of the surge in demand for electric vehicles. Key points: Australia is home to some of the biggest known lithium deposits in the world Lithium prices are climbing again as demand for the critical battery metal grows Half of Volkswagen's cars will be electric by 2030 Australia is the world's …

Australian manufacturing industry to be bolstered to help coronavirus recovery, Prime Minister Scott Morrison says
4 years, 3 months ago

Australian manufacturing industry to be bolstered to help coronavirus recovery, Prime Minister Scott Morrison says

ABC  

Scott Morrison says bolstering Australia's local manufacturing industry will not only help with the economic recovery from the pandemic, but also provide opportunities for business on a global scale. Key points: The Government's strategy targets more than a billion dollars to boost supply lines and local industries The Government's strategy targets more than a billion dollars to boost supply lines …

Coronavirus shutdowns have exposed Australia's manufacturing gaps, Industry Minister Karen Andrews says
4 years, 7 months ago

Coronavirus shutdowns have exposed Australia's manufacturing gaps, Industry Minister Karen Andrews says

ABC  

The coronavirus pandemic has exposed gaps in Australia's manufacturing capability, but "complete self-sufficiency" should not be Australia's goal, according to the Federal Industry Minister. Key points: Global supply chains have been disrupted by coronavirus shutdowns in other countries Global supply chains have been disrupted by coronavirus shutdowns in other countries Local manufacturers have ramped up production of key health and …

Coronavirus is focusing attention on how fragile global supply chains can be, so how will Australia respond?
4 years, 8 months ago

Coronavirus is focusing attention on how fragile global supply chains can be, so how will Australia respond?

ABC  

The economic shutdown has focused much attention on supply chains. "If coronavirus has shown us anything, it's that we are far too reliant on China and other countries for key minerals like lithium, cobalt and nickel," he said. If you look at supply chains from a national security perspective — rather than an economic one — the coronavirus has shown …

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