Australia is boldly fuelling new opportunities and scaling up enterprises in our booming and sustainable manufacturing industry.
A manufacturing renaissance
The roadmap for the sector is the A$1.5 billion Modern Manufacturing Strategy, which sets out 6 top priorities:
- resources technology and critical minerals processing
- food and beverage
- medical products
- recycling and clean energy
The strategy has 4 pillars:
- getting the economic conditions right for business
- making science and technology work for industry
- focusing on areas of advantage
- building national resilience for a strong economy
We’ve created the environment to support rapid growth in manufacturing. We’re backing our manufacturers with significant investment, including through the $1.5 billion Modern Manufacturing Strategy, helping businesses invest in new projects and processes, scale up and create jobs. This approach is paying big dividends, with manufacturing producing more than A$114 billion in annual output. And in 2019, the sector attracted A$131 billion from international investors.
We’re undertaking a rapid transformation into a highly integrated, collaborative and export-focused ecosystem, providing high-value customised solutions within global value chains.
On average, Australian manufacturing exports grew by 3.3% per year over the past 5 years
Join us as R&D partners
Imagine, invent, innovate and collaborate.
Australian manufacturing is sharpening its focus on high tech products based on sustainable, advanced manufacturing processes. With dynamic links between universities, industry and research institutions, Australian innovative science and technology solutions are widely sought after.
The Commonwealth Science Industry Research Organisation (CSIRO), our national science agency, is recognised internationally for its quality research and is Australia’s largest holder of patents. And it’s always looking for partners. Its science and engineering skills, equipment and international connections are helping Australian manufacturers penetrate new markets and be environmentally sustainable.
Australia is a nation of inventors and entrepreneurs. Our discoveries and innovations have given hope to millions, saved countless lives and revolutionised industry.
We created the electronic pacemaker (1926), the ‘black box’ flight recorder (1958), ultrasound (1961), multi-channel cochlear implants (1970s), wi-fi (1990s), the polymer banknote (1988), Google Maps (2003) and a cervical cancer vaccine (2006).
Now we invite you to be part of our success story.
Australia ranked #5 in the OECD for innovation in business
Australia in the top 10 globally for availability of skilled labour
Prioritising a bright future
Australia is brimming with opportunity. We’re investing in Industry 4.0 to scale up tech contributions across multiple sectors, from renewables and agtech to advanced materials and automation. Great thinkers like you are already bringing business onshore and harnessing the power of our resources.
It’s not only Australian manufacturers that benefit from our innovative experts. Developments flow through to every other sector, such as renewable energy supply, data and analytics, waste management, transport and communications.
- #5 in OECD for business innovation
- Significant investment from government in R&D
- $1.3 billion Modern Manufacturing Initiative
- $107.2 million Supply Chain Resilience Initiative
- $30 million Commercialisation Fund
- R&D Tax Incentive
- In the top 10 globally for availability of skilled labour.
Incentives, grants and support
Keep up to date with new funding and incentives through the Department of Industry.
- The $1.3 billion Modern Manufacturing Initiative provides funding for businesses in National Manufacturing Priority areas to scale, collaborate and commercialise. Further rounds of funding will become available.
- Modern Manufacturing Translation stream helps businesses translate research and ideas into commercial outcomes and invest in non-R&D innovation
- Modern Manufacturing Integration stream helps businesses integrate their products and services into domestic and global value chains
- Modern Manufacturing Collaboration stream helps business-to-business and business-to-research collaboration to build economies of scale.
- $107.2 million Supply Chain Resilience Initiative will offer funding from July 2021 to encourage businesses to invest in capabilities that address supply chain vulnerabilities.
- $50 million Manufacturing Modernisation Fund to support transformation in small and medium manufacturing businesses.
- $30 million Commercialisation Fund will support projects to commercialise new products and processes. It will be delivered by the Advanced Manufacturing Growth Centre.
- The Research and Development Tax Incentive encourages businesses to invest more in R&D through tax offsets.
- The Australian Tax Office’s New Investment Engagement Service gives tailored guidance on tax issues to businesses planning significant new investments in Australia.
The Industry Growth Centres Initiative is a strategic, sector-based approach to growing our industries and creating jobs. Six growth centres support Australian business owners in high-growth, high value industries to realise their potential and ambition in: