New lighting upgrades help businesses save money and reduce emissions
Minister for Climate Change and Sustainability Shane Rattenbury today announced a new lighting upgrade scheme to help ACT businesses reduce their energy consumption and save money on electricity bills. "These new lighting upgrades for eligible businesses will replace inefficient light globes with more efficient LED lighting. This initiative will allow businesses reduce their energy consumption, reduce lighting energy bills by...
Australian students lead transport revolution
A team of Australian university students is playing a major role in revolutionising the future of transportation technologies. They are working on what futurist entrepreneur Elon Musk describes as a 'cross between a Concorde, a railgun and an air hockey table' - the Hyperloop. The group, from RMIT University in Melbourne, is led by engineering graduates Matthew O'Callaghan and Zachary...
Prices remained subdued in the Australian economy
Price change for goods and services produced in the Australian economy remains subdued, according to figures released by the Australian Bureau of Statistics (ABS) today. Producer Price Indexes, Stage of Production (SOP) - Final Demand rose 0.5% in the December quarter 2016. The most significant price rises this quarter occurred in building construction (+0.7%), petroleum refining and petroleum fuel manufacturing...