Premium and commercial wine exporter Treasury Wine Estates is showing signs of emerging from the woes inflicted on the Australian wine industry by punitive import tariffs imposed by China. The company today reported an operating profit of $510 million for the year to June 30 despite profits in mainland China declining by $77.3 million, indicating…
By Denham Sadler There is a ‘unique opportunity’ in Australia to build an effective patent box scheme but the federal government needs to go much further than its current plan to make it the ‘gold standard’, according to the Australian Investment Council. In the May budget, the government announced plans to launch a limited patent…
Today @AuManufacturing’s editorial series – the digital path to growth – looks at a case when sharing information widely across a company and with suppliers is not desirable. Here Peter Roberts profiles fast-growing sovereign defence manufacturer Electro Optic Systems. Space, communications and defence manufacturer Electro Optic Systems has come a long way from its roots…
By Peter Roberts Many of us remember when BHP, once called the big Australian, was an active manufacturer of value-added products such as steel, wire and coated and painted building products. Those downstream operations were built on an era where BHP’s Essington Lewis was the centre of Australia’s industrial war effort and the company even…
Hybrid rail cars for Adelaide Forty-five of the state’s 70 diesel rail cars will be upgraded with hybrid energy storage and recovery systems, as part of a $10 million 2021-22 State Budget initiative. It is aimed at reducing the fleet’s fuel consumption, noise, vibration and diesel emissions. The hybrid vehicles are an important step toward…
There seems to be no pleasing demanding shareholders with biotechnology giant CSL punished by the market despite announcing a greater than ten per cent rise in both revenues and profits for the year to June 30. The Melbourne company reported net profit after tax of $3.27 billion (US$2.375 billion), up 10 per cent on a…
The Western Australian government has announced a $1.97 million grant to ATCO, which operates most of the state’s gas network, supporting capital works for injecting renewable hydrogen into the gas grid.
Australia’s chief scientist and university vice-chancellors have urged caution in the latest COVID-19-driven push by governments to commercialise research, warning it must not come at the expense of fundamental research work or international research collaborations.
The Advanced Manufacturing Growth Centre has announced the appointment of Charmaine Barrett to the newly-created role of Director for the Northern Territory. AMGC and the NT government announced a five-year, $8.75 million agreement in late-April. This included funding for collaborative projects, establishment of a new AMGC office in the NT, and a permanent director “to…
Fast DC electric vehicle charger company Tritium and Evie Networks have announced a deal that will see two new chargers installed at 158 locations around Australia. The chargers will be new RTM 50 kilowatt models made by Brisbane’s Tritium, and the rollout part-funded by an $8.85 million grant through the Australian Renewable Energy Agency announced…
