Business and management > Market analysis and funding

Industries to fly and fall in 2018

15 January, 2018

Research firm IBISWorld has revealed the top five industries expected to grow and shrink in 2017–18.


Building approvals on the rise

11 January, 2018

Building approvals increased by 0.9% in November 2017, pointing to a positive year for construction.


Emerson named 'Industrial IoT Company of the Year'

10 January, 2018

Emerson, a global automation technology and software company, has been named the 'Industrial IoT Company of the Year' by IoT Breakthrough.


$13m funding for iron flow battery

15 December, 2017

Flow energy storage manufacturer ESS Inc. has received $13 million in new Series B funding.


$1.9m funding for solar energy software company

15 December, 2017

Australian solar energy software provider Solar Analytics has received a $1.9 million grant from the federal government.


Major construction on track for upturn

15 November, 2017

The Australian Industry Group and Australian Constructors Association are predicting a solid upturn in major construction project work through to mid-2019. 


63% of utility execs fear grid disruption from cyber attacks

12 October, 2017

Around 63% of utility executives believe their country faces at least a moderate risk of electricity supply interruption from a cyber attack on electric distribution grids in the next five years.


More than 7000 home battery systems installed in H1 2017

25 September, 2017

Household batteries are flying off the shelf twice as fast this year as Australians look for new ways to control their power use and protect against price hikes, according to the Climate Media Centre.


Overall business optimism improves but WA contractors concerned

11 July, 2017

Industry association NECA's Market Monitor 2016–17 has found that businesses in the electrical contracting industry are more optimistic about the future.


Major construction on road to recovery

03 July, 2017

After three years of declining major project work, leading construction companies are reportedly forecasting a recovery in engineering and non-residential building activity for the rest of the calendar year and in 2018.


CEFC to invest AU$20m in WA mining project

28 June, 2017

The Clean Energy Finance Corporation (CEFC) has committed to invest AU$20 million in a West Australian project aiming to produce lithium concentrate.


Payroll tax relief for Tasmanian apprentices

26 May, 2017

The National Electrical and Communications Association (NECA) has welcomed the Tasmanian Government's announcement to provide payroll tax relief for apprentices and trainees aged 15–24 years.


Small businesses most vulnerable to scammers

23 May, 2017

Nearly 6000 businesses reported being targeted by scams in 2016 with losses totalling around $3.8 million.


Western Sydney Airport — an "opportunity" for contractors

15 May, 2017

The federal government's intention to build the Western Sydney Airport will provide an enormous economic opportunity for NSW electrical contractors, said the CEO of the National Electrical and Communication Association (NECA), Suresh Manickam.


Budget 2017 delivers wins for small businesses

10 May, 2017

Budget 2017 has delivered a number of measures supporting small businesses. Here are the highlights:


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