Report shows Australian CEOs reluctant to lift investment in new tech, R&D
An annual survey from the Australian Industry Group released today found a low proportion of leaders planning to increase business investment.
Fast-growing QLD RV company moves into new factory
Recreational vehicle builder Zone RV has made its third site move since getting started in 2015, and relocated to an $8 million purpose-built factory at Coolum Business Park.
Bushfire effect spreads across wine industry
The effect of Australia’s catastrophic summer of bushfires is spreading across food and beverage industries, with the maker of the iconic Grange wine, Treasury Wine Estates cutting its profit outlook for the year ahead. Treasury’s CEO Michael Clark said in his report of results for the first half of the year that drought, heat and…
Archer progress on creation of quantum computer chip
Archer Materials (ASX: AXE) has begun the next stage of its planned development of a quantum computer chip, Archer’s CQ room-temperature qubit processor. The company has begun the quantum measurements required to build a working prototype of the chip and plan integration of modern devices. Archer, one of two Australian companies developing quantum chips, uses…
Quickstep booms on composites sales
Leading composites manufacturer Quickstep (ASX: QHL) has reported fast-growing sales on the back of strong orders from defence and aerospace customers. The Sydney company reported sales up 14 per cent to $18.9 million in the December quarter and strong operating cash flow of $3.6 million. With first half sales of $38.4 million the company has…