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Industry Update Nov 2022 Issue 129

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AUSTRALIA'S LARGEST CIRCULATING MANUFACTURING MAGAZINE

Issue 129 Nov 2022 $12.00 inc. GST

Peace & goodwill to all!

Australian Made

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Government trims industry, promises more funding By David Sligar

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Treasurer Jim Chalmers delivers Labor’s first budget speech (Credit - ABC News - Nick Haggarty)

A CNC plasma robot that’s portable

he Federal Budget of 25 October has reduced overall funding to the industry portfolio by $293 million over four years, including by $101 million in 2023-24. The government says more funding will be provided under its new National Reconstruction Fund. In July this year, Industry Update called for the new government to guarantee no net cuts to the industry portfolio and we urge the government to re-establish and increase industry funding in the next budget update. Budget savings include cancelling uncommitted funding under the former government’s Modern Manufacturing Strategy and Entrepreneurs’ Program, cuts worth around $500 million. However, existing commitments to businesses have been honoured. “There were no cuts to any project already funded or announced as part of the Modern Manufacturing Initiative,” said a spokesperson for Industry Minister Ed Husic.

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Lighting Up Manufacturing

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Treotham’s 30-year journey to ‘supermarket’ for automation By Margie Smithurst

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reotham’s new 3000-square-metre Macquarie Park warehouse is a far cry from the humble beginnings where Mikael Paltoft started his business 30 years ago. Back then, Swedish-born Paltoft saw an opportunity in the relatively new industrial automation market in Australia, and began by selling energy chains and accessories from his home garage in Sydney.

LM Fasteners Celebrates 25 years

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Women in manufacturing series continues

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The age of disruption for manufacturers

The Single Australian Supplier for Conveyor Technology

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Celebrating 30 years -1992-2022

From a basic conveyor component to a modern Integrated Smart Conveyor System

100%Australian Owned and Managed

Australia’s leading Industrial Automation supplier for 30 years!

Energy Chain

Chainflex

Cables

Bearings

Connectors

Flexible Conduits

Cable Accessories

Safety Products

Linear Units

Sensors

Gearboxes

Measuring Systems

LEADER IN CABLE AND CONNECTIVITY SOLUTIONS

ACCESS OVER 25,000 LAPP CABLES, CABLE GLANDS & Australian Manufacturer

European Components

Innovative solutions to the materials handling industry sales@adeptconveyor.com.au adeptconveyor.com.au

Sydney (02) 9771 4655 Melbourne (03) 9357 8814

CONNECTORS ONLINE. lappaustralia.com.au sales@lappaustralia.com.au 1800 931 559 Make the right connection with LAPP Australia.

www.treotham.com.au | 1300 65 75 64 info@treotham.com.au


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