Research firm IBISWorld has revealed the top five industries expected to grow and shrink in 2017–18.
Building approvals increased by 0.9% in November 2017, pointing to a positive year for construction.
Emerson, a global automation technology and software company, has been named the 'Industrial IoT Company of the Year' by IoT Breakthrough.
Flow energy storage manufacturer ESS Inc. has received $13 million in new Series B funding.
Australian solar energy software provider Solar Analytics has received a $1.9 million grant from the federal government.
The Australian Industry Group and Australian Constructors Association are predicting a solid upturn in major construction project work through to mid-2019.
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.
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.
Industry association NECA's Market Monitor 2016–17 has found that businesses in the electrical contracting industry are more optimistic about the future.
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.
The Clean Energy Finance Corporation (CEFC) has committed to invest AU$20 million in a West Australian project aiming to produce lithium concentrate.
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.
Nearly 6000 businesses reported being targeted by scams in 2016 with losses totalling around $3.8 million.
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 has delivered a number of measures supporting small businesses. Here are the highlights: