May 3 2007
The Australian Nano Business Forum (ANBF) applauds the $1.4 billion Industry Statement released by the Federal Government yesterday.
“Australia is a medium-sized economy in an increasingly global community, with a range of pressures and challenges. One of the mechanisms to address such challenges is to build sustainable competitive advantage at all levels - company, industry and country – through both product and business process innovation” said ANBF CEO, Ms Tina Rankovic.
It is pleasing to note that the SME sector, particularly manufacturing, has been specifically targeted in the Industry Statement. The SME sector has historically been a key driver of innovation in the Australian economy, and the ANBF encourages its members to review the Industry Statement carefully to maximize the opportunities it presents for their respective businesses.
Significantly, the Federal Government has recognized the importance of the multi-million dollar potential for Australia posed by the opportunity for industry to adopt nanotechnologies, with its commitment to develop a National Nanotechnology Strategy and develop niche manufacturing industries based on nanotechnology, totaling $57.7 million. “This type of commitment mirrors that previously announced by governments of major economies such as the US, Japan, UK and Germany” said Ms Rankovic. The ANBF urges the Federal Government to move quickly to implement this component of the Industry Statement.
About The Australian Nano Business Forum (ANBF)
The Australian Nano Business Forum was formed in early 2006, following the 2nd National Nanotechnology Conference in Melbourne in September 2005. The ANBF is the peak national body representing and promoting Australian industries and companies involved in nanotechnology. The ANBF provides a collective voice for member organisations engaged in this emerging technology, as well as facilitating links between other key stakeholders such as government, funding, regulatory and research entities.
For more information visit:
http://www.minister.industry.gov.au
Contact Details:
Ms Tina Rankovic – Chief Executive Officer – 0407 517-296 or [email protected]