Minister for Defence Industry & Minister for Trade, Tourism and Investment - Local industry experts to boost Aussie defence exports
The Australian Defence Export Office and Austrade have taken the first steps towards delivering enhanced export support for Australian defence businesses, signing a Memorandum of Understanding to engage dedicated local industry experts in key export markets. Minister for Defence Industry, the Hon. Christopher Pyne MP said that partnering with Austrade will capitalise on whole-of-government expertise and knowledge of foreign markets to assist Australian defence industry to access greater export opportunities. “Cooperation between Austrade and the Defence Export Office is one of a range of initiatives being delivered under the Defence Export Strategy, to drive a more competitive defence industry to support Australian Defence Force capability,” Minister Pyne said. “A strong, internationally competitive and sustainable defence industry is key to meeting Australia’s current and future defence capability needs.” Minister for Trade, Tourism and Investment, the Hon. Steven Ciobo MP said that local industry experts, working closely with the Defence Export Office, will provide advice and support for Australian defence businesses using Austrade’s established international networks to assist in navigating foreign markets.
Australia enhances regional defence partnerships
Minister for Defence, Senator the Hon Marise Payne, reaffirmed Australia’s commitment to regional defence partnerships in the Pacific while in New Caledonia today, where she also visited Exercise Croix Du Sud 18.
$40 million for Qld businesses, manufacturing a focus
The Queensland state government is increasing its efforts to attract business to the state with a $40 million boost in the state budget for the Advance Queensland Industry Attraction Fund.
Mission: Space
Australia is planning to increase its footprint in the global space industry, with the Budget 2018 setting aside funds to establish a national space agency.
Aussie cyber security spend surged last year
Security-focused partners in Australia and New Zealand are in for a surge in business if a trend that saw organisations in the region boost their security spend last year continues.
Local companies urged to get involved in submarine program
In another positive sign for local industry, Aussie companies are being invited to supply equipment for the Future Submarine Construction Yard at Osborne in South Australia.
A Safer Australia - Budget 2018–19 Defence Overview
The 2018–19 Budget will provide national and economic security, while generating thousands of Australian jobs. The Budget provides funding to continue to deliver:
