Australia’s defence industry sector has an odd shape. Medium size companies are rare. We’ve a strong top and a large bottom – but why so hollow in the middle?
Anglo-Australian resources company BHP and French industrial software company Dassault Systemes have announced a “long-term strategic partnership,” aimed at digitalising operations throughout mining.
Australian electric motor company partners with Eviation, targets commercial “middle mile” plane travel by 2022
Gold Coast-headquartered MagniX will supply its magni250 propulsion systems to Eviation Aircraft for a nine-passenger Alice electric airplane that Eviation hopes to be selling in 2022.
The new Circular Economy Innovation Network has held its first stakeholder meeting, with the NSW government initiative in its startup phase and aiming to identify opportunities to reduce and reuse waste.
The federal opposition has pledged, if successful at the May 18 election, that it will use $1.5 billion re-purposed from the current $5 billion Northern Australia Infrastructure Facility to address the east coast’s gas shortage.
GFG Alliance, which owns the Whyalla steelworks in South Australia, has announced plans to integrate its Liberty global steel, mining and engineering businesses.
The federal government has announced $30 million in funding for a “Phase One” investment in a Defence Innovation and Design Precinct in Launceston, supporting defence industry R&D.
Effective leaders lead by example and are true to their commitments. They deliver on their promises, and then and only then can they and do they expect everyone else around them to do the same.
The board of DuluxGroup (ASX:DLX) has unanimously recommended shareholders accept an acquisition proposal by Japan’s Nippon Paint Holdings at $9.80 a share, 28 per cent higher than yesterday’s closing price.
The next government needs to address Australia’s severe supply crisis, possibly through a public gas company and domestic gas reservation, according to a group representing some of the country’s major gas users.