The nation’s $1.7 billion fabricated wood manufacturing industry is expected to return to growth after a decline in revenue of 1.4 per cent in 2024 – 25, though it faces difficulties including plantation tree availability and competition from imports. According to market research firm IBISWorld’s Fabricated Wood Manufacturing in Australia – Market Research Report (2015-2030),…
The federal government has said it will develop a new national food security strategy titled “Feeding Australia” if re-elected, aimed at increasing “the security and supply chain resilience” of both agriculture and food production. According to a statement from agriculture minister Julie Collins (pictured) on Tuesday, Australia produces enough food “to feed more than twice…
A free, day-long Western Sydney Manufacturers event will be held at Penrith on April 2, hosted by the NSW Smart Sensing Network (NSSN) and the NSW Decarbonisation Innovation Hub. According to a statement from NSSN on Tuesday, the forum is titled Western Sydney Manufacturers: Building profits on the path to sustainability, and aims to help…
Highly experienced public servant Dr Paul Grimes has been appointed the new CEO at the Australian Trade and Investment Commission (Austrade.) Grimes moves into the role following previous CEO Xavier Simonet and Acting CEO Daniel Boyer. According to a statement from trade minister Don Farrell on Monday, the trade commission plays a critical role in…
Plant-based food manufacturer Forbidden Foods has reported sales of $577,857 for the first two months of the calendar year, a 147 per cent increase on the corresponding period in 2024, as the company beds down its acquisition of Oat Milk Goodness (OMG) last September. In a statement on Monday, the ASX-listed company said the news…
By Ehsan Noroozinejad, Western Sydney University Australia is in the grip of a severe housing shortage. Many people are finding it extremely difficult to find a place to live in the face of rising rents and property price surges. Homelessness is rising sharply. Tent cities are becoming more common. The federal government has pledged to…
By Christopher Ferrie, University of Technology Sydney American quantum computing startup PsiQuantum announced on February 26 that it has cracked a significant puzzle on the road to making the technology useful: manufacturing quantum chips in useful quantities. PsiQuantum burst out of “stealth mode” in 2021 with a blockbuster funding announcement. It followed up with two…
The federal government has announced $5 million in new funding, which it says will make the Australian Made logo “more recognisable across the globe” and support new activities under the Australian Made Export Initiative program. In a short statement on Sunday, industry minister Ed Husic said the grant will be administered over three years from…
The Australian government has a job to do: to decide not just how we deal with President Trump’s intended tariff regime, but what we do with the responses to those tariffs from major manufacturing territories such as India, China, ASEAN and the EU. By Julie Harrison. The Trump administration has introduced tariffs in its first…
Collapsed architectural glass maker Oceania Glass has been unable to find a buyer since going into administration earlier this month, with 56 employees made redundant ahead of the closure of its Dandenong factory. According to a statement from administrators Grant Thornton on Thursday, there is a potential for another 95 redundancies “over the coming weeks”…
