Australian wine exports were down by volume and value over the last financial year, according to Wine Australia’s Australian Wine Export Report, released on Thursday. Exports declined 10 per cent by value to $1.87 billion and 1 per cent by volume to 621 million litres, according to the figures. The US market “is experiencing structural…
A federal government science grant and industry funding has sparked the creation of a new research and industry hub targeting the development of new radiopharmaceuticals. Pharmaceutical developer Starpharma has partnered with the University of Queensland and the University of Sydney in establishing the ARC Research Hub for Advanced Manufacture of Targeted Radiopharmaceuticals (AMTAR Hub). Backed…
In recent days @AuManufacturing readers have critiqued federal governments efforts to ‘reform the Productivity Commission (see below). Here in our final part of a series, Tim Buckley argues Australia cannot afford more of the same from the PC, which continued to misread profound societal and economic change underway globally. Treasurer Jim Chalmers’ announcement yesterday of…
A new partnership between regional metal can manufacturer Jamestrong and the UNSW SMaRT Centre is developing a project they hope will revolutionise aluminium manufacturing and recycling in Australia. The partnership will establish Jamestrong as the one of the first in the world to not only make aerosol cans from recycled content, but from waste currently…
Canberra satellite manufacturer Skykraft has completed what it calls a world first trial of space-based VHF voice communications as part of their development of satellites to provide space-based aviation communications and surveillance services. Voice radio communications in the VHF band are used for communications between pilots and air traffic controllers, with VHF radios standard aircraft…
Finalists for the Premier of Queensland’s Export Awards 2023 have been announced at an event at Frosty Boy’s factory on the Gold Coast. Premier Annastacia Palaszczuk and trade minister Cameron Dick were at the announcement at the company’s Yatala site on Wednesday. This year 43 companies will contest 15 categories, with the Queensland Exporter of…
Iluka Resurces has continued to progress during the latest quarter its rare earths production plant at Eneabba in Western Australia (pictured), the country’s first fully integrated refinery for the production of separated rare earth oxides. Supported by a $1.25 billion non-recourse loan to Iluka under the federal government’s Critical Minerals Facility, bulk earth works and…
ABT’s record growth in FY23 Sealed heavy vehicle brake manufacturer Advanced Braking Technology has announced revenues of $14.7 million for FY23, a 25.1 percent increase on the previous year. The company was able to increase sales margins during the year by 5.97 percent to 49.9 percent. Net profit after tax was $1.47 million, a 129…
The CSIRO-founded investment vehicle Main Sequence announced the first close of Fund 3, raising $450 million and passing a milestone of $1 billion in total funds under management. Participation came from what were described as “large institutional funds, wealth groups and top tier climate investors” including Hostplus, LGT Crestone, Morgan Stanley Wealth Management and Temasek,…
The federal treasurer Jim Chalmers has given the new chair of the Productivity Commission Chris Barrett an impossible job, argues John Sheridan. If we can no longer measure productivity in a digital age – and we can’t – how can any amount of reform of the PC help boost national productivity? Workplace productivity comparisons mean…
