The effects of the current pandemic have become apparent, with Australian manufacturing recording its biggest month-to-month fall in the history of the Australian Industry Group’s Performance of Manufacturing Index for April, following a rebound in March.
Austal will build six new Cape Class patrol boats for the Australian navy, with a new order valued at approximately $350 million.
By Elizabeth Thurbon, UNSW; Hao Tan, University of Newcastle; John Mathews, Macquarie University, and Sung-Young Kim, Macquarie University The chaos of COVID-19 has now hit global energy markets, creating an outcome unheard of in industrial history: negative oil prices. With the world’s largest economies largely in lockdown, demand for oil has stagnated. Essentially, the…
Welding technology developer K-TIG secured a number of new customers for its welding as a service (WaaS) business during the March quarter even as its shares languish on the ASX. The company reported good progress with customer acquisition in the quarter, adding Glenfield Engineering, Aqseptence Group and John Zink Hamworthy Combustion as licencees. John Zink…
Australasian dairy powerhouse Fonterra has joined with a German start-up to provide research and product development expertise for the development of new milk products and foods. Fonterra has entered into a strategic partnership with YFood and made a ‘small investment of capital’ in the business which focuses on what the company calls ‘complete food’ for…
Engineer Dr John Blakemore adds to @AuManufacturing’s campaign to crowd source a new deal plan for manufacturing post Covid-19 with lean, agile policy ideas. The covid-19 pandemic has exposed Australian supply chains and our lack of independent manufacturing capability to a significant extent and clearly demonstrated that the policies of the past need to change.…
First production of BLU-111 munitions has been completed by Thales Australia. The milestone was an important addition to Australia’s F-35A Joint Strike Fighter capability, said defence industry minister Melissa Price in a statement, adding that and 15 companies – including five small businesses – were involved in the work. “This work establishes a…
We can’t repeat the mistakes of the past as we develop policy to create opportunity for businesses and boost their capabilities. Here Narelle Kennedy joins @AuManufacturing’s campaign to crowd source a new deal plan for manufacturing post Covid-19 with thinking based on objective research. It is no surprise that Australian manufacturers are strong early responders…
Robern Menz, the Adelaide confectioner which re-introduced the Violet Crumble chocolate bar to Australia, is set to bring back another icon – the Polly Waffle. The company bought the rights to make both chocolate bars from Nestle, and immediately re-worked its existing honeycomb production lines to make the Violet Crumble. Now the federal government has…
Comment by Peter Roberts With Australia reassessing the strategic necessity of local manufacturing post Covid-19 it is salutatory to take a look at the sad case of missed opportunity for the nation that is rare earths producer Lynas Corporation. The Perth company is the world’s second largest rare earths producer and the only significant producer…
