Aussies chopper in on Norway defence market
Nova Systems is growing its global reach after winning a $25.9 million Norwegian defence contract to support a maritime helicopter program.
World-first study demonstrates ultra-fast, biologically-inspired lithium extraction technique
A study led by Monash University has demonstrated a world-first method to technique to extract lithium from brine.
Australian-made IoT offering enables ‘digital birth certificates’ for wine throughout $350 billion global market
An Australian company has developed an electronic solution embedded in bottle caps to provide wine authentication and other information to customers.
This is more than a health crisis: here’s a 10-point plan for avoiding recession
The world economy is teetering on a knife edge: the Chinese and Indian economies were slowing even before the COVID-19 Coronavirus, and as Australia was recovering from one of its worst bushfires.
Electronic warfare partnership boost for South Australia
Defence has entered into a partnership with Flinders University and a leading industry group to grow research capacity and deliver training to Australia’s next generation of Electronic Warfare experts.
New infection frontier as COVID-19 wreaks havoc upon business
By Forum member Darren James, Partner, Commercial Disputes, Mills Oakley Many people have already been severely affected by the public health emergency caused by the novel corona virus (officially designated as COVID-19),. Our thoughts and prayers go out to the families of the 3,400 people who are reported to have died following COVID-19 infection. Quarantine…
Vital Signs: Australian and US rate cuts underline seriousness of the coronavirus crisis
By Richard Holden, Professor of Economics, UNSW This week the Reserve Bank of Australia did something everyone expected and the US Federal Reserve did something almost nobody expected. Both are revealing. At its monthly meeting Australia’s central bank cut official interest rates by 25 basis points to a record low of 0.5%. The Fed cut…
Private equity firms keen on Pact Group’s contract manufacturing division
Private equity firms are reportedly among interested parties in the sale of Pact Group’s (ASX:PGH) contract manufacturing division, with the first round of an auction expected to go ahead later this month.
Economic growth near an end as Treasury talks of prolonged coronavirus downturn
By Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University Australia’s three-decade run of near continuous economic growth is set to end, with treasury warning of a hit to growth of “at least” 0.5% in the first quarter of this year, potentially followed by a “prolonged downturn”. If it came to pass,…
Advanced Manufacturing Expo’s Top 100 Manufacturers in Australia list released
The annual list compiled by IBISWorld of Australia’s top 100 manufacturers has been released, revealing the revenue leaders in a sector sized at $413.9 billion, nearly 104,000 businesses, and a workforce of over 964,000 people.