More SMEs raise new equity as Covid bites

SME manufacturers are joining the rush to equity markets to help shore up their finances as the Covid-19 pandemic clouds the economic future. Keytone Dairy Corporation is the latest to announce a capital raising on the Australian exchange, succeeding in raising $12.5 million through a share placement with sophisticated investors. New shares are to be…

Manufacturing for a Post COVID World by John H. Howard

Australia has boosted its investment in medical research, but neglected those in engineering and manufacturing. Here, John H Howard, managing director of Howard Partners, calls for a national commitment to engineering and technology renewal. Australia is looking to rebuild its industrial base to achieve greater self-sufficiency in manufacturing. But we are seriously underinvesting in creating…

THC Global buys cannabis clinic network

Farm to pharmaceutical cannabis group THC Global has bought Tetra Health, a leading Australian clinic network giving it access to a potential 10,000 patients. The company, which operates two growing facilities and a pharmaceuticals biomanufacturing facility (pictured), bought Tetra for an undisclosed sum Tetra comprises 600 referring physicians, 30 prescribing physicians and a national network…