Victorian government announces funding increase for recycling initiatives
The Victorian government has announced extra funding to encourage recycling and waste minimisation in the state’s businesses.
What next but graphene safety boots
Graphene materials company First Graphene and boot maker Steel Blue have developed a graphene enhanced safety boot. The companies showcased the new boots, which incorporate the carbon-based nanomaterial in thermoplastic polyurethane (TPU) boot soles and foam innersoles at a presentation at the company’s commercial graphene facility at Henderson in WA. The companies have developed a…
Blackmores to refocus after poor year
Vitamin manufacturer Blackmores is to refocus its business and streamline product development after net profit after tax plunged by 47 per cent to $18 million in the December half year. The Sydney company announced first half revenue down five per cent on the previous corresponding period to $303 million, with Australian sales down 20 per…
Canberra exaggerates jobs created by F-35
Estimates widely vary of the number of jobs created by Australia’s role in making components and systems for the F-35 Lightning aircraft. While 50 companies share in $1.7 billion worth of contracts, new doubts have emerged about estimates from Defence that this was “tracking to 5,000 jobs”. The claim, made in November Senate estimates hearings,…
NSW TAFE review announced
The NSW government has announced a review of the state’s $2.3 billion TAFE system, headed by businessman David Gonski and Western Sydney University Chancellor Peter Shergold, which will report back by July.
PPK turnaround continues with modest loss
Mining products and services group PPK has continued its turnaround cutting its losses from $1 million the previous corresponding period to only $50,000 in the first half of the financial year. The maker of Rambor and PPK Mining Equipment boosted revenues 11 per cent to $22.05 million in the half, withd a $3 million EBITDA…
Lithium Australia advances towards patent protection
Chemicals technology group Lithium Australia has achieved further steps in the progress of gaining patent protection for its LieNA process for extracting lithium from its ores.