Why we need to take action to curb the financial services sector

Comment by Peter Roberts Slowly, slowly lawmakers are getting round to tightening up laws covering the sort of white collar crime evident in the recent Banking Royal Commission. But as the Commission itself failed to come to grips with the real problem with the financial services industry, so too will our politicians. While I welcome…

Aurora Labs reports faster 3D printing

Additive manufacturing technology company, Aurora Labs Limited (ASX: A3D), has demonstrated high speed 3D printing in a series of tests. The Perth company reported that it had completed a test series on 13 February of its Rapid Manufacturing Technology (RMT) prototype demonstrating the scalable nature of the technology. The company said it had achieved “…remarkable…

The vital role of leadership in business transformation

Forum member Adam Salzer OAM reports on the readiness of boards and especially Chairs of companies to truly transform their businesses. The Australian Transformation and Turnaround Association (AusTTA) has conducted extensive research into what are the Best Practices at Board level that are required to lead a complex organisation fundamental Transformation. Data gathering included surveys…

F-35 maintenance contracts awarded locally

A number of defence suppliers have been awarded contracts to repair, maintain and upgrade components on the F-35 Lightning fighter plane now coming into service with the RAAF. Announcing the contracts, defence minister, Christopher Pyne and defence industry minister, Steven Ciobo said they were evidence of the global competitiveness of Australian industry. Most were regional…

Vestas to make wind turbines in Geelong

Danish renewable energy giant, Vestas is to establish a wind turbine manufacturing plant at Geelong, Victoria in association with a local precision engineering firm. Vestas has partnered with Marand Precision Engineering to turn the former Ford stamping plant into a plant capable of making 4MW Drivetrains and Hubs and component testing for the Dundonnell and…

New defence exports legislation likely

The federal government has committed to developing new legislation to tighten defence export controls following a review of the Defence Trade Controls Act 2012. Defence minister Christopher Pyne said today that Dr Vivienne Thom had completed her review of the act which controls the supply and, in some cases, publication of sensitive defence technologies. Releasing…

First Graphene applies to market new material in Australia

Perth new materials manufacturer First Graphene (ASX: FGR) has taken regulatory action to sell its PureGRAPHENE material in Australia. The company has applied to have PureGRAPH assessed by The National Industrial Chemicals Notification and Assessment Scheme (NICNAS). This is a precursor to having the carbon based nanomaterial listed on the Australian Inventory of Chemical Substances…