Comment by Peter Roberts With Brisbane now in the box seat to secure the 2032 Olympic Games the usual whinges have been aired about cost and the priorities of the Queensland government. But there is more than just once-off television rights to be earned, with Sydney 2000 creating numerous ongoing business opportunities from making venue…
Bisalloy’s armour plated half year Wear and armour steel producer Bisalloy boosted its earnings before interest, tax, depreciation and amortisation by 42 per cent in the half year to December 31 to $6.7 million. Margins were boosted with the positive result of anti-dumping measures against its main import competitor, however that company has been working…
China’s punitive trade action against Australia is starting to impact manufacturing with its ban on importing Australian thermal coal cutting sales for explosives and chemical group Orica. The company said in a market update that diminished coal mining activity was flowing through to its explosives business, which will suffer losses between $70 million and $80…
Valiant Space has successfully begun testing Australia’s first in-space chemical thruster designed to help satellites manoeuvre in orbit and in space. The test demonstrated a thrust of 20 Newtons and a specific impulse of approximately 290 seconds in vacuum conditions, exceeding expectations according to Valiant CEO, Andrew Uscinski. The thruster is designed to provide efficient,…
Less than two decades ago, South Australia generated all its electricity from fossil fuels. Last year, renewables provided a whopping 60% of the state’s electricity supply. The remarkable progress came as national climate policy was gripped by paralysis – so how did it happen?
Australia’s largest producer of minerals used to manufacture high technology products, Lynas Rare Earths shrugged off the Covid-19 pandemic in the first half to December one, recording record sales on the back of rising prices. Despite operating at 75 per cent capacity, the Perth company boosted revenue from the previous corresponding period’s $180 million to…
Working from home has become the norm for many especially white collar workers in manufacturing. But there need to be changes if you are going to get the most out of remote employees, and they are going to get the most out of their work, writes Juliana Queiroz One year after the coronavirus outbreak, we…
The world’s largest aluminium shipbuilder Austal today reported earnings before interest and tax of $70.5 million in the half year to December 31, well up on the previous corresponding period’s $59.9 million. However first half revenue actually fell from $1 billion to $840 million due to a higher A$, lower throughput in the United States,…
Grant applications have opened for medical products manufacturers under the Modern Manufacturing Initiative, with funding between $1 million and $20 million available for successful applications.
Australian innovation incubators and circular economy groups are behind a successful first capital raising by New Zealand company X-Frame which aims to bring circular economy thinking to lightweight timber building construction. Adelaide technology incubator Innovyz and the state-government backed Green Industries South Australia were instrumental in raising $485,000 for the start-up. Green Industries ran a…
