The Australian Government will support Australian industry to help develop international technology standards for advanced manufacturing and materials.
The future
Advanced materials will underpin new technologies that can be tailored to specific business needs. They will make industries more sustainable by helping businesses improve their energy efficiency and reduce emissions. The sectors that stand to benefit the most are:
- construction
- energy
- biomedicine
- aerospace.
While Australia is a leader in advanced material research and development, we need more investment and expertise to commercialise these solutions.
Strengthening Australia’s advanced materials and manufacturing capabilities will also help us tackle the economic and supply chain challenges we face. Otherwise, we will be dependent on fragile supply chains and exposed to geopolitical shocks.