News

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...

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...