HeliMods receives second defence grant in less than a year

Sunshine Coast manufacturer HeliMods has received $150,000 under the Defence Global Competitiveness Grants programme, its second grant awarded in less than a year. The Caloundra company has used its funding to purchase plant and equipment to manufacture large machined components used in the modification and upgrade of military and paramilitary helicopters, according to defence industry…

Working smarter with data – is this the end of our focus on lean manufacturing?

@AuManufacturing’s new series, ‘Working smarter with data‘, continues today with a look at data driven businesses adopting industry 4.0 technologies. Here Tim McLean (pictured below) asks whether the new world of manufacturing means an end to a focus on lean? Industry 4.0 is a term developed by German government to describe its high technology strategy…

Business R&D has tanked, what of the reformed Tax Incentive – by Kris Gale

By Kris Gale The recent passing of the Bill that preserved and, in some ways, extended the value of the R&D Tax Incentive (the RDTI) has been warmly received by the market. It follows the improved understanding of the programme requirements contained in the Moreton Resources and Bogiatto cases, along with the noticeable improvement in…

Penfolds ‘respectfully’ acknowledges China dumping inquiries

Treasury Wine Estates which has been exporting its Penfolds prestige wines to China since 1995 has ‘respectfully’ acknowledged anti-dumping and countervailing duty investigations into Australian wine exports by China’s Ministry of Commerce. Chairman Paul Rayner told shareholders at the company’s annual general meeting that the investigations did not change the company’s long-term commitment to China…