Skip to main content

Contact an investment specialist Let's talk business

Australia ranks:

News and resources


Subscribe to Austrade's monthly Investment Update newsletter to receive global investment news and commentary, reports on the investment climate in Australia and success stories from foreign investors.

To view the latest news and investor updates from your sector, please select an industry from the dropdown list.

A F-35A Lightning II aircraft taxis to the lines at RAAF Base Williamtown, in New South Wales.

BAE Systems to set up Asia-Pacific F-35 warehouse in Australia

  • Article
15 Mar 2023

BAE Systems Australia is building an F-35 warplane sustainment warehouse in Australia under a new contract with Lockheed Martin. The warehouse will store critical parts for the F-35 warplane and support F-35 operations in Australia and the Asia-Pacific region. The facility will be co-located with the Royal Australian Air Force Base in Williamtown in regional New South Wales. Defence is a priority sector for Australia. We are investing A$270 billion in defence capability over the next 10 years. There are investment opportunities across the defence portfolio, including national intelligence and cyber.

A road weaves its way down into an open cut mine

Australia “well-positioned” on critical minerals value add

  • Article
14 Mar 2023

Australia could become a “value-adding superpower” that refines its critical minerals into high grade chemicals and metals before export, a new report finds. Australian think tank Clean Energy Finance has mapped out the nation’s opportunity to lead the world in minerals mining, renewables-powered onshore refining and pre-export manufacturing. It notes that Australia is at the start of a “globally significant once in a century clean energy-led investment boom”. The growing global focus on energy transition plays to Australia’s competitive advantages in firmed renewables and value-added critical minerals at global scale, the report finds.

Five men in suits cutting a ribbon at the opening of ENEOS’ green hydrogen demonstration facility.

Japanese energy giant ENEOS builds green hydrogen demonstration plant in Australia

  • Investor update
21 Feb 2023

Japanese energy company ENEOS Corporation has opened a pilot green hydrogen facility in Brisbane, Queensland. ENEOS will use its patented electrolysis technology, Direct MCH®, to produce up to 20 kilograms of green hydrogen a day. The company will produce the hydrogen in the form of methylcyclohexane (MCH). This allows it to be stored and transported as a liquid. It will refine the liquid back to hydrogen at its facility in Japan.

A power sub-station surrounded by a field of wheat

Neoen to start building its fifth big battery in Australia

  • Article
3 Feb 2023

French renewables company Neoen will start building its fifth big battery in Australia. The 200 MW / 400 MwH Blyth Battery in South Australia will be paired with Neoen’s Goyder South Stage 1 wind farm. It will deliver 70 MW of renewable energy to power BHP’s Olympic Dam operations in South Australia. Neoen is a driving force behind clean energy investments in Australia. It has invested more than A$3 billion in 17 large-scale renewable energy projects since 2012.

Concept of energy storage system using solar, wind and battery storage

New analysis predicts strong investment in low-carbon Australia

  • Article
30 Jan 2023

Investments in Australia’s clean energy sector are expected to grow by 23 per cent in 2023, according to energy market intelligence group Rystad Energy – substantially higher than average global growth. Worldwide, low-carbon investments are projected to increase by US$60 billion – up 10 per cent on 2022 levels, driven largely by wind, hydrogen and carbon capture, utilisation and storage (CCUS). “The location of confirmed projects this year shows that Africa is set to attract the highest investment growth, with a 26 per cent increase, mainly driven by onshore wind projects in Egypt,” says Rystad. “Australia takes second place with 23 per cent growth, with expansion across almost all sectors”.

Rendering of a green hydrogen production plant with gas storage cyclinders

Iberdrola to build €1.1 billion green hydrogen plant in Australia

  • Article
30 Jan 2023

Spanish renewables giant Iberdrola and Australian hydrogen developer ABEL Energy are building a green hydrogen plant in Tasmania. The €1.1 billion Bell Bay Powerfuels project will be one of the largest in the world. It will produce 200,000 tonnes of green methanol per year in its first phase of development, rising to 300,000 tonnes in its second phase. This investment is on top of the €2 billion Iberdrola has committed to Australia since 2020. It has plans to invest up to €3 billion in the coming years to help Australia transition to clean energy.

Curved solar reflecting panels

Danish renewables giant makes major investment in Australian solar hydrogen

  • Article
29 Jan 2023

Danish renewables giant European Energy has invested in the 3,600 MW Pacific Solar Hydrogen Project in Gladstone, Queensland. The company will develop the combined solar farm and battery facility on a 6,000-hectare site and manage the grid process. When complete, the project is expected to produce over 100,000 tonnes of green hydrogen a year.

Mining technology personnel in a mine

Government opens $50m critical mineral support program

  • Article
25 Jan 2023

The Australian Government has opened a $50 million grant funding scheme to accelerate development of the country’s critical minerals sector and support downstream processing. The Critical Minerals Development Program will provide grants from $1 million to $30 million. Minister for Resources and Northern Australia Madeleine King said it would help Australia become a trusted and stable global supplier of critical minerals and rare earths, which are crucial for low-emissions technologies such as electric vehicles, batteries and solar panels, as well as aerospace and defence applications. “The road to net zero runs through Australia’s resources sector,” Minister King said.


Watch to find out more about our thriving industries and superstar innovators.

Circular Economy in Australia

Australia is committed to becoming a circular economy. Veolia Australia & New Zealand CEO Richard Kirkman outlines our natural advantages – from our R&D talent to the space and renewable energy to power factories that can turn recycled materials into innovative products.

AgriFood Technology in Australia

Australia’s reputation for quality and our supportive innovation ecosystem help make us a compelling destination for agritech investment.

Agrifood technology in Australia

Australia has a reputation for clean, green and safe produce and a thriving export market. With a strong R&D ecosystem and government support, it makes us a compelling destination for investors and innovators in agrifood technology.
View transcript (347 bytes)

Critical Minerals in Australia

Dr Kymberly Talbot from lithium-ion battery developer Feline highlights some of the country’s key competitive advantages.

Contact an investment specialist Let's talk business