Good to see people in this industry at last beginning to look towards the future..The technology that ozgrade3 writes about was pioneered in this country, abiet not very successfully because of our government and financial institutions lack of funding for R&D. but still the technology of prototyping and methodology has been used here. From this the kiwis have perfected the art of spinning carbon fibres in the more lucrative area of ocean racing...Aviation in government and financial circles is a dirty word, so we have to look offshore for this technology and or aircraft to be manufactured elsewhere. the same steel company in India that has been mentioned that still license builds the P68 aircraft also has developed a two seat trainer (hansa) and an 18 seat regional..not to mention the Indian Government license building 70 zenith aircraft for military ab-initio. All of this out of a supposedly "third world country". sort of makes you cringe when our leaders can't see the wood for the trees. Yes the technology is there (and here), there are some exciting new designs coming out over the next few years,unfortunately, not out of Australia..With all due respect to the gippsland people, who have produced a very workable but still fairly agricultural aircraft..it is an exception rather than the rule. With the current value of the Australian dollar (whoopsie daisey, its above 50 cents US) I would suspect that we will be flying around in antiquated aircraft for some time to come.