The federal government is supporting extending the international reach of the Australian Made logo with a $5 million grant. Industry minister Karen Andrews said today the gold kangaroo on a green triangle was an instantly recognised and trusted symbol of quality. She said: “The Australian Made logo is used by more than 2,800 businesses, is…
Structural, armour and wear-resistant steel manufacturer Bisalloy increased market share and margin per tonne sold in the Australian market in the first half of the 2019 financial year. The Unanderra, NSW company today reported EBIT for the half of $4.7 million on revenue up 12.7 per cent over the previous corresponding period to $56.4 million.…
Defence, communications and space technology group Electro Optic Systems is experiencing boom conditions sending sales and profits sky high. During the December half year EBIT soared 194 per cent to $21.7 million on revenue up 91 per cent to $166 million, according to announcements today. The company ended 2019 with a backlog of $620 million,…
Climate change think tank Beyond Zero Emissions has argued for emissions reductions targets in Victoria in a new report, Electrifying the Manufacturing State.
Every January Larry Fink, the head of the world’s largest funds manager, BlackRock, sends a letter to the chief executives of major public companies.
A slowdown in the market and delays in the approval of infrastructure projects has hit traffic light, electronic road signage and road lighting group Traffic Technologies. EBIT for the Melbourne company plunged to $500,000 for the half year to December, down from $2.5 million the year before. This was struck on revenue down from $25…
The Clean Energy Council has called on the federal government to secure continued funding for the Australian Renewable Energy Agency in the next federal budget. The agency’s funding is expected to be exhausted by the end of 2020, before its scheduled wind-up in 2022. Clean Energy Council Chief Executive Kane Thornton said ARENA had played…