NTT’s 2021 Global Threat Intelligence Report gave Australian manufacturers a cyber-security maturity score of 0.76 (down from 1.4 in 2019), below the APAC average of 1.98 and global average of 1.21 for the sector. (NTT’s assessment defines between 0 and 0.99 as “non-existent.”) Brent Balinski spoke to John Karabin, Senior Director of Cybersecurity at the company’s Australian operation, about the results and their context.
Fertiliser and explosives manufacturer Incitec Pivot profit for the half year ending March 31 have been hit hard by planned outages and continuing breakdowns at its Waggaman ammonium plant in the US. Earnings before interest and tax (EBIT) was down 32 per cent from the previous corresponding period to $110 million, with the impact from…
Gaming machine manufacturer Aristocrat Leisure has boosted profits for the second half ending 31 March as it emerges from a Covid-19 hit to the global gambling and gaming industry. The Sydney company increased earnings before interest, tax depreciation and amortisation (EBITDA) o $750 million, a six per cent rise on the previous corresponding period. It…
@AuManufacturing’s editorial series – Celebrating Australian Made – continues with a look at APT Asia Pacific, a local champion in sporting surfaces. By Brent Balinski.
Not-for-profit VET organisation IBSA Group will present its new report — Scaling Up. Developing Modern Manufacturing Through a Skilled Workforce — to the federal government this week, which includes suggestions to deal with skills shortages that stand in the way of a local manufacturing renaissance.
Treasury Wine grows profits again after China hit At an investor information day Treasury Wine Estates, the maker of Penfolds wines, revealed its profits were recovering following a period affected by the Covid-19 pandemic and the imposition of punitive import tariffs by China. The company told investors its second half operating profit in FY21 would…
By Peter Roberts The dozen Independence-class Littoral Combat Ships delivered so far to the US Navy are at the one time shipbuilder Austal’s most successful design yet at the same time the one that has not quite lived up to its promise. The Independence vessels were conceived as a breakthrough ship. It was to be…
