Frozen chips maker plans new $425 million factory in Victoria
Farm Frites, a Dutch frozen potato products manufacturer, is planning to build a new, $425 million plant at Dooen, in Victoria’s Wimmera region.
Fleet Space to build ‘hyper factory’ at Adelaide Airport
Satellite manufacturer and space-based mineral detection company Fleet Space Technologies is constructing a new global headquarters and space tech ‘hyper factory’.
Saab opens expanded defence tech centre and HQ
Saab has opened its new expanded Australian headquarters and tech centre following a $22.6 million Modern Manufacturing Initiative grant.
Delorean wins ‘game changing’ ARENA grant for bioenergy
Delorean Corporation has signed off a $6 million grant with the Australian Renewable Energy Agency (ARENA) to help accelerate development of its SA1 bioenergy facility.
Australia’s only IV fluids maker gets gov boost
The Federal Government is pouring $20 million into IV fluids maker, Baxter Healthcare, to expand its manufacturing capability.
S.A. Gov pushes Whyalla steelworks to administration, aims to take control
The South Australian government is pushing through legislation to move the Whyalla Steelworks into administration, allowing the state to take control of the facility.
James Hardie sees income plummet on weak demand
Global fibre cement maker James Hardie has seen net incomes drop 15% in the third quarter, blaming volatile North American conditions for the fall.
Do investment tax breaks work? A new study finds the evidence is ‘mixed at best’
In an election year, further promises of tax breaks for businesses are likely. But are they a good idea, and at what cost do these promises come?
Zelira wins Gov tax refund for cannabinoid research
Biopharma company Zelira Therapeutics has been awarded a $1.2 million cash refund under the Government’s R&D Tax Incentive Scheme, for use on its cannabis-based medical research into autism.
Livium sign agreement to recycle electric mining train batteries
Livium has signed an exclusive agreement with Wabtec subsidiary Industrea to recycle batteries used in their electric mining locomotives.