Analysis by Peter Roberts The early 2019 federal budget coming only weeks before an election was always going to be a political document aimed squarely at swinging voters in marginal seats. So manufacturing was not expecting much, but even so a number of unkind cuts make this a damaging document to several of the government’s…
A report on the top 100 manufacturers by revenue for the 2017 – 18 financial year has been released by IBISWorld, with representation led by the food and beverage, chemical and pharmaceutical industries.
Chemicals, fertiliser and explosives manufacturer, Incitec Pivot (ASX: IPL) has reported big hits to its profits from a number of weather-related events and the closure of its Portland, Victoria super phosphate factory. The closure costs, along with drought in eastern Australia and cyclonic floods in the Townsville region, were outlined in a report to the…
Internet of things (IoT) nanosatellite company, Myriota has demonstrated its low cost connectivity at an international military science event. The Adelaide company took part in the Contested Urban Environment 2018 (CUE18) challenge in Montreal along with the Australian government’s Defence Science and Technology (DST) group. The event, involving 250 scientists from Canada, New Zealand, the…
