Modern Manufacturing Initiative

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What is the Modern Manufacturing Initiative?

The Modern Manufacturing Initiative provides funding to large manufacturers to scale-up, compete internationally and create jobs.


Track Record

Thomas Global

Bulletpoint was successful in Round 2 of the Modern Manufacturing Inititative.

Thomas Global Systems received a grant of $2 million to develop and manufacture next-generation avionics and high integrity defence electronics.

The company will develop and qualify two new flight critical avonics products – an Enhanced Upfront Display Unit and a Keyboard Unit for Boeing AH-64 Apache Helicopter, a significant US military airborne program.

The products will utilise extant, proven Thomas Global technology and processes, which will be customised to suit the Apache program’s requirements.

The Australian Government has announced plans to purchase Apache helicopters as part of its LAND 4503 program.

Thomas Global designs, manufactures, and supports highly engineered and reliable electronic systems solutions for commercial aviation, defense and other high-integrity transportation applications.


What is your chance of success of getting a grant?

This is how many applications were submitted for each stream of the Manufacturing Modernisation Initiative (Round 2) versus my estimate of chance of success based on Round 1 recipients.


  • Defence – 48 – 4%
  • Recycling – 76 – 2%
  • Food and Beverage – 160 – 4%
  • Medical products – 47 – 4%
  • Resources – 38 – 10%
  • Space – 26 – 8%


  • Defence – 47 – 2%
  • Recycling – 100 – 2%
  • Food and Beverage – 89 – 1%
  • Medical Products – 66 – 5%
  • Resources – 57 – 7%
  • Space – 17 – 11%

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Modern Manufacturing Initiative



The $1.3 billion Modern Manufacturing Initiative (the initiative) is a key element of the Strategy and will run over four years from 2020-21 to 2023-24. The initiative aims to stimulate business investment in the manufacturing sector by addressing barriers to scale and competitiveness for Australian manufacturers. It aims to build manufacturing capabilities and networks, lift productivity, create jobs, build global competitiveness and boost the export potential of Australian manufacturers.

The Initiative will encourage businesses to invest in their future and be part of a growing and dynamic Australian manufacturing industry. The Australian Government will co-invest to help businesses achieve competitiveness and build scale. Through this Initiative, the Australian Government is seeking to harness the unique characteristics of each priority area and help business invest in strategic projects to overcome industry-specific challenges.

Businesses can now apply for funding under round 2 of the Translation stream and Integration stream of the Modern Manufacturing Initiative:

  • Manufacturing Translation stream helps manufacturers translate their high quality research and ideas into commercial outcomes.
  • Manufacturing Integration stream supports Australian manufacturers to access domestic and global supply chains and produce and distribute quality products and services into new markets.



The Government is investing $1.3 billion through the initiative to support Australia’s manufacturing sector to:

  • be more productive and highly-skilled
  • be more collaborative and innovative
  • be at the leading edge of commercialisation and technology adoption
  • be more outward looking in searching for opportunities to development new supply chains and integrate into existing value chains and markets, including global markets.

Specifically, the initiative will see the Government strategically invest in projects that help manufacturers to scale up and create jobs, with investment targeted at supporting projects within the National Manufacturing Priorities. Government is seeking to co-invest in transformative,
industry-led proposals informed by the road maps that have been developed for each of those priority areas. The road maps identify unique sectoral characteristics and opportunities to boost competitive advantage and build the manufacturing sector in a way that has never been done
before. The Government is looking to work with industry to harness Australia’s competitive advantage in its priority sectors by co-investing in projects, proposed by industry.

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Modern Manufacturing Initiative


What are the National Manufacturing Priorities?


The National Manufacturing Priorities are:

  1. Resources Technology & Critical Minerals Processing
  2. Food & Beverage
  3. Medical Products
  4. Recycling & Clean Energy
  5. Defence
  6. Space


Resources Technology & Critical Minerals Processing

Australia has significant reserves of the critical minerals and metals which drive the modern global economy. These are used to manufacture advanced technologies such as:

  • electric vehicles
  • mobile phones
  • renewable energy.

The majority of primary ores are shipped overseas for processing. This means Australia only gets a small share of the potential benefit. By manufacturing here in Australia, we can increase the benefits to our economy.


Food & Beverage

For the purposes of this road map, food and beverage manufacturing covers businesses that undertake various stages of processing to transform agricultural produce into food and drink products. This includes processes ranging from basic preparation, preservation and packaging of raw ingredients, through to elaborately transformed foods and beverages. However, food and beverage manufacturing excludes food service retailing businesses and unprocessed food commodities.

The food and beverage manufacturing sector is made up of subsectors which are as diverse as the range of foods and drinks we consume on a daily basis. Firms within the sector undertake a wide variety of value adding activities, using agricultural inputs to produce food for consumption. Many of the firms interact as part of a complex integrated supply chain, in which agricultural inputs go through a series of processing stages before being suitable for distribution to consumers. For example, food manufacturing encompasses flour mills, which process wheat that is subsequently
used by other food manufacturers in the production of bread and other baked goods. The sector also includes firms that process livestock to produce meat, which is directed both to consumers to be cooked at home, and also into other food manufacturing businesses that prepare ready to eat meals.

At a high level, the subsectors that make up food and beverage manufacturing include:

  • meat processing and meat product manufacturing
  • seafood processing
  • dairy product manufacturing
  • fruit and vegetable processing
  • oil and fat manufacturing
  • grain mill and cereal product manufacturing
  • bakery product manufacturing
  • sugar and confectionary manufacturing
  • beverage manufacturing.


Medical Products

Quality medical products are at the centre of a healthy society. They can also be the centrepiece of a dynamic economy. They do this by translating smart ideas into globally competitive manufactured products.

Medical products make a significant contribution to Australia’s economic prosperity. Some of Australia’s most innovative commercial successes are from this sector.

Australian medical products making a global impact include the:

  • cochlear implant
  • green whistle
  • cervical cancer vaccine.


Recycling & Clean Energy

Materials and energy are at the heart of manufacturing. Modernising how we use them is central to building an advanced manufacturing economy.

Australian manufacturers are well positioned to use our unique natural, industrial and competitive advantages. We can take advantage of this opportunity by combining:

  • innovation
  • abundant clean energy
  • material resources
  • onshore industrial base.



Growing the defence industrial base is a key priority for the Australian Government. Australian manufacturers are in a prime position to take advantage of the increased domestic and global investments in Defence capabilities.

The opportunities that come from these investments will support manufacturers to:

  • make up a greater share of the defence supply chain
  • manufacture the components and capabilities required for Defence acquisition and sustainment projects
  • diversify their customer base and enter new markets beyond the Australian Defence Force
  • contribute to some of the world’s most advanced supply chains
  • export to allies or likeminded countries.



Australia’s reputation as a reliable and high-value manufacturing nation positions us to achieve excellence in Australian space manufacturing. It will allow us to:

  • build a competitive edge in key space activities
  • create platforms for exports
  • meet emerging critical national needs.

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Modern Manufacturing Initiative



The Modern Manufacturing Initiative will operate under 3 streams:

  1. Collaboration – provides funding for very large projects that support business-to-business and business-to-research collaboration, to build economies of scale.
  2. Translation – will help manufacturers translate good ideas into commercial outcomes. It will also encourage investment in non-R&D innovation.
  3. Integration – will help manufacturers integrate into local and international supply chains and markets.


Collaboration Stream


The Manufacturing Collaboration Stream provides funding for very large projects that support business-to-business and business-to-research collaboration, to build economies of scale.

Commonwealth funding will be provided on a co-investment basis and will be up to one third of eligible project costs.

This stream will have a two-stage application process to reflect the likely size and complexity of projects:

  • Stage 1 – will  invite expressions of interest through an open, competitive process.
  • Stage 2 – suitable applicants will then be asked to submit detailed proposals.

Commonwealth funding will be provided on a co-investment basis and will be up to one third of eligible project costs.

Invitations for expressions of interest will open late in the first half of 2021. See below of an expectation of what this stream could look like.

What does it offer?

The Modern Manufacturing Initiative collaboration stream aims to improve the productivity and competitiveness of manufacturing firms by providing support to manufacturing networks to undertake activities or projects for their member firms that:

  • Improve their understanding, exploration and implementation of productivity improvement opportunities, including through research.
  • Facilitate new export markets, development of new products and production methods, and other value-added opportunities.
  • Enhance and increase collaboration within the manufacturing sector and between manufacturing firms and other industry and supply chain stakeholders.

Eligible Networks can apply for Modern Manufacturing Initiative grants to undertake projects and activities that will improve the productivity and competitiveness of their member firms, thereby enhancing the productivity and competitiveness of the Australian manufacturing industry. Modern Manufacturing Initiative activities and projects can be built around geography, functions, common problems, supply chains or industries. Networks are encouraged to propose their own projects based on the specific needs of their members.


Modern Manufacturing Initiative funding of up to $1M over three years is available to assist networks to undertake significant projects designed to enhance the productivity and competitiveness of their members.

Funding may be used for activities such as:

  • Employing a program or project facilitator on a fixed term basis to manage or implement a project that will deliver productivity or competiveness benefits to network members.
  • Contracting external expertise, such as supply chain analysts, experts in specific manufacturing techniques or processes, efficiency experts, or export facilitators to deliver services for network members.
  • Exploring, piloting or testing (but not purchasing) new manufacturing technologies on behalf of network members.
  • Engaging or collaborating with a research organisation or institute to undertake a research project that will involve and/or benefit network members.
  • Projects to develop new collaborations, products, services or markets.
  • Other significant productivity and competitiveness projects for the benefit of network members.

Assessment Criteria

The Modern Manufacturing Initiative is a competitive program. Successful applications will rate highly against the program’s assessment criteria compared to other applications. Modern Manufacturing Initiative applications will be assessed against the following criteria.

  1. Identified business or industry need for the project
  • What business or industry need will be met by the project?
  • What evidence is there of this need?
  • How will the project address the specific need?
  • What membership support is there for the project and its objectives?
  • How does the project align with the broader growth plans of the network members?
  1. Impact of the project on the productivity and competitiveness of Australian manufacturers
  • How, and to what extent, will the project or activity deliver significant, ongoing increases in productivity to network member firms. Concrete and measurable outcomes should be provided.
  • Will the project enable network members to realise efficiency gains or growth opportunities, such as improving export capability and global competitiveness?
  • When are these benefits likely to be realised?
  1. Reach of the project
  • How many manufacturing businesses will directly benefit from the project?
  • What evidence is there that the target firms are willing to participate in the project?
  • What benefits will the project generate for other Australian businesses?
  1. Capability of the network to successfully deliver the project
  • Who will be responsible within the network for the management and delivery of the activity or project?
  • What evidence is there that the network has the capability and resources to implement the activity or project?
  • What measures will be put in place to ensure the project is delivered effectively and on time?
  • How will the project be implemented to ensure the productivity benefits to participants are realised?
  • How will the activity or project be sustained after the grant ceases?

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Modern Manufacturing Initiative


Translation Stream


The Manufacturing Translation stream will help manufacturers translate good ideas into commercial outcomes. It will also encourage investment in non-R&D innovation.

Commonwealth funding will be provided on a co-investment basis and will be up to 50% of eligible project costs.

The application process will be a one-stage process.

There will be annual funding rounds, beginning in the first half of 2021. See below of an expectation of what this stream could look like.


Australia’s collaboration on innovation between manufacturers and the research/higher education sector is the lowest in the OECD. Australia is missing out on world first innovation, local jobs growth and global competitiveness opportunities that are stimulated by greater collaboration and workforce mobility between the industry and research sectors.


The Manufacturing Translation stream will:

  • provide more Facilitators so more manufacturers can access Australia’s innovation infrastructure, particularly in regional areas
  • make matched grants available to support graduate and postgraduate researchers placements in businesses
  • make matched grants available to support business researchers to be placed in publicly funded research organisations
  • identify opportunities to access research and development and testing facilities and develop specialised training options by working more closely with the vocational education and training sector.


An Manufacturing Translation stream facilitator will help you to assess the gaps in your business knowledge and provide specialist support. There are two types of facilitations available:

  • Technology Facilitation – helps your business to identify new technology, knowledge and expertise
  • Research Facilitation – helps your business to identify critical and strategic research needs and pathways to engage and collaborate with the research sector.

At the end of the engagement, you will be provided with a Facilitation Report that outlines your business’ needs and opportunities. Based on the nature of your enquiry, the report will either recommend off-the-shelf technologies or collaborative research projects. For research projects, you will be able to apply for an Innovation Connections Grant to help co-fund the collaboration.

Manufacturing Translation stream grant

Following a Manufacturing Translation stream facilitation, you can apply for an Manufacturing Translation stream connections grant to undertake a research project that addresses the recommendations made in the Facilitation Report.

Manufacturing Translation stream research projects must be in collaboration with a Publicly Funded Research Organisation (PFRO) and should develop a new idea with commercial potential. Your Manufacturing Translation Facilitator will help you decide which three available grants will suit your business needs:

  • Researcher Placement – placing a researcher in your business (up to a maximum of $50,000)
  • Business Researcher Placement – placing a researcher from your business into a PFRO (up to a maximum of $50,000)
  • Graduate Placement – employing a graduate or post-graduate with a relevant degree into your business to work on a specific Innovation Connections project (up to a maximum of $30,000).

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Modern Manufacturing Initiative


Integration Stream


The Manufacturing Integration stream will help manufacturers integrate into local and international supply chains and markets.

Commonwealth funding will be provided on a co-investment basis and will be up to 50% of eligible project costs.

The application process will be a one-stage process. See below of an expectation of what this stream could look like.


Manufacturing Integration stream facilitation services are tailored to assist and enable eligible Australian manufacturers to participate in domestic and global supply chains, generate sustainable business growth and find opportunities to connect and network with their customers.

Manufacturing Integration stream facilitation services include activities to:

  • work within a supply chain to find opportunities, improvements and linkages
  • support the entry of eligible businesses into supply chains
  • create and implement a plan which builds and strengthens the business’ capability and skills
  • facilitate connections between an eligible business and customers, both domestically and globally
  • share practical information on specific supply chains with industry via

Support & Funding

Manufacturing Integration stream facilitation services are delivered through three distinct client services, namely:

  • Information Services
  • Customer Connections
  • Supplier Improvement Plans.

These Manufacturing Integration stream facilitation services include activities to:

  • work within a supply chain to find opportunities, improvements and linkages
  • support the entry of eligible businesses into new supply chains and markets
  • find and assess gaps in the business and connect this information with the supply chain opportunity
  • create and implement a plan, which builds and strengthens the business’ capability and skills
  • build connections between an eligible business and customers, both domestically and globally
  • share practical information on specific supply chains with industry.

Your business can expect:

  • a custom action plan with strategies for your businesses’ specific market or supply chain
  • training to help you to prepare for introductions to buyers
  • to join in supply chain forums and attend networking events and training.

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Modern Manufacturing Initiative



Applications for Translation and Integration Streams Round 3 open soon.



The Australian Government has announced a $1.3 billion Modern Manufacturing Initiative MMI. It is likely to be spread evenly across the three programs.

The Modern Manufacturing Initiative will likely have the following funding arrangements:

  1. Collaboration – 33% of total project costs
  2. Translation – 50% of total project costs
  3. Integration –50% of total project costs


Bulletpoint Track Record

Bulletpoint has assisted numerous companies secure manufacturing grants.

Manufacturing Modernisation Fund

Bulletpoint helped Greenbear secure a grant of $500,000. Based in Tottenham, Victoria, Greenbear is a processor of waste and recycled materials. They received funding to build a fully-automated waste sorting line for residential Construction and Demolition (C&D) waste more feasibly and efficiently than current disposal methods.

Manufacturing Modernisation Fund

Bulletpoint assisted Harry & Larry’s secure a grant of $1,200,000. Based in Brunswick, Harry & Larry’s manufacture a range of specialty ice creams. The grant will see 30 new jobs created and investment in a factory expansion with custom engineered production lines, including the latest freezing technology, to make a range of gourmet ice creams and desserts in complex shapes and layers.

Manufacturing Modernisation Fund

Bulletpoint assisted Cottage Cheese Farm secure a grant of $765,000. Based in Glenroy, Victoria, Cottage Cheese Farm is a speciality cheese manufacturer making mainly Haloumi, Ricotta and Mozzarella cheeses. They received funding to assist with construction of a $6M purpose built cheese and yoghurt manufacturing facility. The project will allow them to expand current operations and introduction of new product lines.

Manufacturing Modernisation FundBulletpoint assisted Abey Australia secure a grant of $250,000. Based in Gisborne, Victoria, Abey is a manufacturer of plumbing and building products. They received a grant of $250,000 to buy five high-speed of five robots and 3 conveyors.

Manufacturing Modernisation FundBulletpoint assisted Osteon Medical secure a grant of $74,000. Based in Mulgrave, Victoria, Osteon Medical manufacture a range of dental and facial implant prosthetic products. They received a  grant to purchase a 5 axis simultaneous CNC milling machine.

Manufacturing Modernisation Fund

Bulletpoint assisted Keech secure a grant of $141,700. Based in Bendigo, Victoria, Keech is a manufacturer of high integrity steel castings. They received a grant to  based in Bendigo. Keech received a grant to purchase a 3D digital printer for prototyping and pattern making.

Manufacturing Modernisation Fund

Bulletpoint assisted AMR Hewitts secure a grant of $135,000, Based in Tullamarine, Victoria,  AMR Hewitts is a print packaging for the pharmaceutical and food packaging industries. They received a grant to purchase a new forme cutting machine to reduce turnaround times.

Manufacturing Modernisation Fund

Bulletpoint assisted Class Plastics secure a grant of $250,000. Based in Truganina, Victoria, Class Plastics is a manufacturer of industrial and retail plastic liquid containers. They received a grant to purchase a series of accumulated blow moulding machines and feed in conveyors.


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Modern Manufacturing Initiative



  • Carbon Revolution$12 million to expand its advanced manufacturing of carbon fibre wheels to the global electric vehicle market.
  • Wilson Transformers –  $8.7 million to expand its capability to manufacture HV transformers (key components) to support the growth of renewables and batteries.
  • Energys Australia –  $5.3 million to expand the manufacture of its patented hydrogen fuel cell power products (FC Gensets).
  • Selectronic Australia$7.1 million to leverage proven Australian IP to develop a best-in-class Australian made ecosystem of physical renewable solar system products.
  • Visy Australia$3.6 million to build a new plant for a cardboard-based replacement for extruded polystyrene, the vast bulk of which currently goes to landfill.
  • Advanced Recycling Victoria$12 million to develop a global scale advanced recycling facility in Victoria recycling waste plastic into Plasticrude that can be used as feedstock to manufacture new food grade plastics.
  • Cablex$4.9 million to manufacture highly complex and bespoke accredited electrical wiring interconnection systems (EWIS) & electronic sub-assemblies to meet the emerging domestic & export demand in the space sector.
  • Chobani$3.3 million to accelerate their product development, shelf-life testing program and manufacturing expansion to new products and see export volumes in 2025 reach 5,780 tonnes.
  • Patties Foods $4.2 million to build an automated pick and place robotic system to pack its range of Four N Twenty party pies & sausage rolls, increasing throughput to meet growing export demand for ready-made meals.
  • H W Greenham & Sons$10 million to install state-of-the-art smart manufacturing equipment to create a new chilled beef processing line capable of processing 600 head of cattle per day.
  • D’Orsogna$2 million to install, test and commission a high-tech mincer, massager, slicing & packing line at the Merrifield facility, incorporating cutting-edge technology and increasing the plant capacity by 20 per cent.
  • Ballantyne Dairy$4 million to build the first ultra-high temperature (UHT), enzyme modified aseptic dairy flavour concentrate facility to be built in Australia. Ballantyne has collaborated with local dairy experts and engineers to establish the processing specification and equipment design.
  • Casella Wines$3 million to establish a modern whiskey distillery to support large scale whiskey manufacture, as well as support expansion of a new cellar door and tourism facility.
  • EMvision Medical Devices Ltd – $5 million to establish manufacturing capabilities at a commercial scale, and enable it to be ready for global sales of its portable brain scanning units following future regulatory clearances.

Latest News

The Australian Government has finalised contracts for $385 million in project grants under the Modern Manufacturing Initiative Collaboration Stream for nine large projects worth $1.87 billion.

The Collaboration stream is the largest grant program under the $1.3 billion Modern Manufacturing Initiative. Grants between $20 million and $200 million and up to one-third of eligible project costs are awarded to large projects that feature or will create an environment that fosters collaboration.

Successful projects to be funded under the grant are:

  • Gilmour Space Technologies will receive a grant worth over $51.4 million
  • SAAB Australia will receive a grant worth over $22.6 million
  • Arafura Resources Limited will receive a grant worth around $29.9 million
  • Australian Vanadium Limited will receive a grant worth $49 million
  • Alpha HPA Limited will receive a grant worth $45 million
  • Australian Genomic Cancer Medicine Centre will receive a grant worth over $61.2 million
  • Turbine Sunshine Coast will receive a grant worth over $33.4 million
  • Fortescue Future Industries will receive a grant worth over $44.9 million
  • Masdar Tribe Australia will receive a grant worth $48.2 million


Gilmour Space Technologies has secured a $52 million grant agreement with the federal government for its Australian Space Manufacturing Network (ASMN) project. The project, which is co-funded under the Modern Manufacturing Initiative (MMI) Collaboration stream, aims to advance the development and commercialisation of new space technologies in Australia.

The ASMN project will establish three new space facilities, including a common test and manufacturing facility, an advanced manufacturing facility for rockets and satellites, and an orbital spaceport in North Queensland. This project, supported by over 30 space companies, universities, and partners, is the largest space collaboration project under the MMI. Gilmour Space CEO Adam Gilmour expressed gratitude to the ASMN partners, as well as the Department of Industry, Science and Resources, the Queensland Government, and the City of Gold Coast for their support.


Seven SA companies through Round 2 of the Integration and Translation streams of the Modern Manufacturing Initiative were awarded $48 million. Industry minister Angus Taylor said it would help “businesses to turn good ideas into commercial success stories.”

Bickford’s, Mayne Pharmaceuticals and Inovor Technologies are among South Australian companies awarded a total of $48 million in grants through the Modern Manufacturing Initiative this week.

Other grants were:

  • Up to $20 million to Hallett Concrete for a $109 million project on an integrated green cement business, comprising a slag granulating plant at Whyalla Steelworks, a grinding, processing and distribution hub at Port Augusta, and a product receival, blending and distribution hub at Port Adelaide;
  • Up to $12.5 million for Orora to help construct a new low carbon clean energy glass melting furnace to replace the current G3 glass gas/air red furnace;
  • Up to $4.8 million to Mayne Pharmaceuticals to assist the company to double the production of chronic pain medications such as Kapanol, boost encapsulation capacity from 56 million to 104 million doses per annum, and increase blister packaging capacity from 7.9 million to 21.3 million boxes per annum;
  • Up to $4.95 million for Southern Launch to develop a local facility in Adelaide to support the development of the AT Space rocket, extend test facility for the rocket testing and develop the orbital launch complex;
  • Up to $1 million for Inovor Technologies to expand their current electronics test and integration labs and clean rooms to accommodate larger spacecraft as well as grow the batch manufacture of smaller cube satellites; and
  • Up to $2.1 million to Samuel Smith & Son to adopt an in-house de-alcoholising system to produce and bottle low alcohol products to meet the rapidly increasing consumer demand in low alcohol/no alcohol wines.



A $3 million investment is set to build Australia’s manufacturing capability and create around 300 jobs at an advanced technology manufacturer in east Melbourne.

ANCA will establish a precision manufacturing cell at its Bayswater headquarters, using the grant delivered through the Modern Manufacturing Initiative.

ANCA supplies advanced tool-making machines and technology to aerospace, medical, automotive and electronic industries, exporting to more than 45 countries.


EMVision has been awarded $5 million in non-dilutive Federal Government funding to establish commercial production of its 1st Gen portable brain scanner. This includes supporting quality systems, engineering personnel, equipment, tooling and other eligible expenditure. Additional project expenditure will be funded by EMVision’s current and future cash reserves.

EMVision Medical Devices Limited is a medical device company focused on the development and commercialisation of medical imaging technology.


Adelaide-based space company lands near-$5 million federal government grant. Grant is part of latest round of Modern Manufacturing Initiative funding. The announcement is only a small portion of $280 million in grants before the federal election.

Industry Minister Angus Taylor on Monday announced a series of grants under the second round of the Integration and Translation streams of the Modern Manufacturing Initiative (MMI), all going towards South Australian manufacturers.

An Adelaide facility will be developed to accommodate and support increased R&D of sub-orbital rockets. The company recently secured a partnership with a German rocket manufacturer. It will also use the funding to attract foreign launch providers to Australia and grow the local supply chain.


The Morrison Government is investing over $94 million in funding for 19 Victorian manufacturers to grow their businesses. Geelong manufacturer Carbon Revolution will receive up to $12 million for their $33 million project to expand its advanced manufacturing of carbon fibre wheels. This will increase their capacity by around 94 per cent, equating to an additional 75,000 carbon-fibre wheels per annum and reduce unit costs by 60 per cent.

The funding will enable sustainable wheel supply to the Global Electric Vehicle Market, driving cleaner technology and creating 323 smart jobs. Minister for Industry, Energy and Emission Reduction Angus Taylor said this funding was a testament to the strength of the manufacturing sector in the state. Senator Sarah Henderson said only the Morrison government has a plan to support a strong, flexible and competitive Australian manufacturing sector.


The latest grant under the Modern Manufacturing Initiative is worth $23 million and will support the production of precision medicine and theranostics in Australia. The MMI collaboration stream grant will support a $71.2 million Australian Precision Medicine Enterprise (APME) Project being jointly undertaken by Global Medical Solutions (GMS), Telix Pharmaceuticals, and Monash University.

The project will produce an estimated $461.8 million economic impact over 15 years. GMS is making the largest contribution at $25 million, followed by $11 million from Monash University, and $5 million from Telix Pharmaceuticals. Prime Minister Scott Morrison says it will help develop Australia’s medical manufacturing capability.

The APME will address supply security concerns for Australia as well as accelerate the region’s rise as a regional biotech hub, say GMS and Monash University. The Modern Manufacturing Initiative (MMI) received an additional $750 million in this year’s budget of which $500 million will go towards regional businesses.


The ANAO’s work program has shortlisted a number of government projects for possible investigation. The list includes the administration of $1.3 billion in grants from the Coalition’s flagship manufacturing program. Other projects include the Digital ID scheme and the Tax Office’s business register modernisation.

The Australian National Audit Office (ANAO) has listed the Modern Manufacturing Initiative (MMI) as a potential audit topic. The agency famously uncovered the “Sports Rorts” scandal and the massive overspend on land at Western Sydney airport but has warned it will need to reduce its audits after budget cuts. The Modernising Business Registers (MBR) program has been shortlisted for a potential performance audit. The project began in 2017 and became a 2018 budget promise to consolidate business registers. It has now received more $480 million in funding, including most of the government’s 2020 digital business package.

A review of the use of the Business Advisory Services Panel has been ordered by the Australian National Audit Office (ANAO). The panel was set up in 2015 and is due to expire in October. ANAO wants to know if the panel’s use supported “value for money” objectives.


The $1 billion increase to the government’s manufacturing strategy will mostly go to regional Australia, with $700m reserved for regional manufacturing and supply chain projects, and $328 million to be added to the existing non-regional programs.

The Modern Manufacturing Strategy (MMS) was launched in October 2020 with $1.5 billion in funding to target six priority sectors, aiming to build domestic capabilities and create an additional 80,000 manufacturing jobs. For at least another two years, the Manufacturing and Materials Management System (MMS) will be used. The largest increase, $700 million, is for the MMS’s “regional rounds.” This includes $500 million in manufacturing project awards and a near-doubling of supply chain grant funding to $200 million.


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