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How did science feature in tonight's Budget? Australia's leading scientists respond

The Australian Academy of Science says the 2021-22 Federal Budget contains mixed news for science. Academy President Professor John Shine says it is important for Australia’s future to ensure we have strong investment in basic research to be able to translate discoveries. The Budget contains no significant new funding for fundamental discovery science and no initiatives to stem the loss of university science jobs. “The Academy welcomes the commitment to develop an Australian mRNA manufactur...
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Vehicle Industry: Semiconductor Shortage Global Lost Vehicle Production

Tuesday, May 11, 2021 This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities.  Key Developments 2021 U.S. light vehicle sales forecast to 17 million units following April sales results, which reached a  SAAR of over 18 million units. New-vehicle inventories fell to 1.9 million units industrywide in April, down from 2.4 million units in March - this represents a  33 days’ supply, compared to 88 days one ...
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Automotive Industry: Semiconductor Shortage & EV Tax Incentives & other news

Tuesday, May 4, 2021 This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities.  Key Developments U.S. new light-vehicle sales in April predict a  In an earnings call last week,  Ford warned of a potential volume loss approaching  1.1 million vehicles for the full year’s planned production due to the ongoing global semiconductor shortage. Due to the semiconductor shortage,  GM announced additional down...
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Weekly Automotive Report for April 28, 2021

 Stellantis will reduce shifts through the end of May at its  Jefferson North Assembly plant in Detroit;  Ford extended shutdowns for two additional weeks in  Chicago, Flat Rock, Michigan, and  Kansas City, Missouri; Subaru’s Indiana plant is down from April 19-30. Volkswagen has experienced a production loss of 100,000 vehicles globally as a result of the chip shortage, and the automaker said it will not be able to make up for the loss in 2021. IHS Markit estimates up to 3% o...
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The Key Technologies for Winning the Fight Against Climate Change

Each year, April 22nd marks Earth Day, a worldwide event that aims to diversify, educate and activate the environmental movement. Since the first Earth Day in 1970, activists across the world have used to occasion to push for an increased awareness over environmental issues and lobby for policy changes.   The theme of this years Earth Day is "Restore Our Earth", with the event focusing on natural processes, emerging green technologies and innovative thinking that can restore the worlds ecosyst...
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$540 Million Towards Hydrogen and Carbon Capture Is 'Essential for Australia's Future': Australian PM

$540 Million Towards Hydrogen and Carbon Capture Is ‘Essential for Australia’s Future’: Australian PM I want Australia and hydrogen technology to be synonymous around the world The Australian government has announced it will allocate around $540 million (US$420 million) towards hydrogen and carbon capture projects. As part of the budget for the next fiscal year, the investment will see the development of clean energy technologies that reduce carbon emissions. It is estimated to create aro...
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April 20, 2021 Weekly Automotive Report

Tuesday, April 20, 2021 This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities.  Key Developments supply chain challenges due to  potential shortages of rubber, according to Foley & Lardner Partner Ann Marie Uetz as quoted in Bloomberg. Stellantis has four North American plants shut down as a result of the semiconductor shortage, and  Ford last week announced additional shutdowns impacting five ...
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