Manufacturing optimism has picked up following the election, but an overall loss of momentum beginning mid-2018 persists, according to the long-running Australian Chamber of Commerce and Industry-Westpac Survey of Industrial Trends.
Australian entrepreneur Matt Barrie has said he supported consideration of a UK-style patent box taxation scheme aimed at improved commercialisation of local IP, following comments by the federal treasurer that the government would take a “close look” at the scheme.
Australia’s future prosperity is at risk unless we take bold action and commit to long-term thinking.
New Zealand-based but Australian-listed dairy manufacturer, Keytone Dairy (ASX: KTD) has agreed to buy Byron Bay contract dairy manufacturer, Omniblend for a minimum of $22.6 million. In a deal which could be worth an additional $30 million to Omniblend should the business reach agreed milestones, Keytone will increase its production capacity by more than 5,000…
Leading Korean lithium-ion battery manufacturer LG Chem has joined with Victorian company Envirostream Australia to develop safe and innovative recycling solutions to reduce battery waste. Describing Envirostream as “one of the pioneering recycle-luminaries”, LG Chem said in a statement the partnership would develop solutions to increase battery recycling rates, which “is an increasing threat to…
