Part of the $24.3m centre will be based at Queensland University.

Professional services company KPMG put forward its recommendation in a report.

Between 98% and 100% of allergens in peanuts can now be removed.

Vaxxas is aiming to replace needles and syringes with its nanopatch.

Created by an Italian university spin-out, HySolarKit can transform a traditional car into a hybrid.

Field tool Freedom4 can detect viruses and bacteria in samples.

Recently floated spin-out Pixium Vision is also involved in the project.

Universities will need to hold a stake of at least 51% in their spin-outs.