By Nicola Charwat, Monash University Until this week, thousands of Australian small businesses that exported to the United States relied on a simple system that had worked for decades. Parcels worth less than US$800 (A$1225) could enter the US tax-free under the “de minimis” rule for low-value goods. But from August 29, that exemption will…
NSW Riverina food and beverage makers have had a funding injection from the Minns state government to upgrade their facilities.
Western Australia has announced an $11.5 million investment to expand the state’s naval defence industry and shipbuilding capabilities.
Analytical science and devices company Trajan Group has announced its financial year results, reporting a 7.4 per cent increase in revenues to $166.5 million and an EBITDA of $15.5 million, below the guidance range but up 26.2 per cent. In an ASX statement on Thursday, Trajan’s Founder, Chief Executive Officer and Managing Director Stephen Tomisich…
Provaris raises a million dollars for R&D Green hydrogen company Provaris Energy announced firm commitments to raise $1.0 million (before costs) via a share placement on Wednesday. According to the company, it involves about 52.6 million new fully-paid ordinary shares at an issue price of $0.019 each. The proceeds will go towards advancing the development…
By Bhavna Middha, RMIT University; Ralph Horne, RMIT University, and Vincent Pettigrove, RMIT University Last month, Australia’s ban on the import, use and manufacture of three types of “forever chemical” came into effect. These chemicals – PFOA, PFOS and PFHxS – have long lifespans and resist breaking down. They’re considered harmful due to their ability…
The NSW government says that over 30 Going Global Export Programs and Going Global Trade Missions will be delivered over the next 12 months, which are expected to support 350 NSW businesses, with two thirds of these in “manufacturing and the clean energy economy”. Publishing a forward agenda for the year’s programs and trade missions…
A new report released by the Australian Academy of Technological Sciences and Engineering (ATSE) in partnership with resources company Fortescue, recommends changes to policy and tax to help reduce diesel fuel use in the mining, road freight, agriculture, fisheries and forestry industries. According to a statement from scientific and technical body ATSE on Wednesday, there…
The Western Australian government is contributing $660,000 to a project aiming to transform brewer’s spent grain (BSG) – a source of 300,000 tonnes of waste annually in Australia – into food and fibre products. Value Adding to Brewery Spent Grain is a $1.24 million project through the End Food Waste CRC, with goals including a…
Mining equipment company Austin Engineering has seen a 22.2 per cent increase in revenue to $376.7 million for the last financial year, with North American earnings up 54 per cent to $146.8 million. The ASX-listed company saw rises in EBITDA for the year to $55.8 million (up 29.6 per cent) and net profit after tax…