Machine outages but Quickstep reports progress

Machine outages, an industrial dispute and fallout from the US Government shutdown loom over Sydney composites manufacturer, Quickstep Holdings (ASX: QHL), but have failed to hold back the company’s progress. The company’s sales for the second quarter of 2019 reported today were up 3.8 per cent on the previous corresponding period to $15.8 million. The…

Australia boosts international talks on digital trade

By Helen Hull Australian efforts have ignited negotiations with 75 other members of the World Trade Organization (WTO), representing over 90 per cent of global trade, on the development of new international rules in digital trade. Minister for Trade, Tourism and Investment Simon Birmingham said establishing new international rules for digital trade would help keep…

Chinese links boost manufactured exports

Market knowledge and in-market contacts are vital for export sales, with evidence mounting that close Chinese-Australian links are a major driver of manufactured exports. In November @AuManufacturing reported that locally listed retailer AuMake International (ASX:Au8) was gaining traction in Chinese online and home shopping markets with its range of Australian and New Zealand manufactured products.…

Why Australia needs to make lithium ion batteries big time

It is amazing how much difference a little policy innovation from governments can make to manufacturing fortunes – in this case in making lithium ion batteries. While there are a number of big factories making vehicle batteries overseas, it is action by the South Australian and, more recently, the Queensland governments which have ignited the…

Manufacturing ignored in Australia Day honours

By Peter Roberts Manufacturers were again largely absent from this year’s Australia Day honours with none being named in the top two groups of awards as Companions and Officers of the order. Professor Mark Dodgson, Professor of Innovation Studies at the University of Queensland Business School, was one of two linked to manufacturing named as…

Foreign direct investment drives global economy

Analysis by Peter Roberts Australia has always relied on foreign direct investment to drive its growing economy, as do other nations according to today’s graphic from Visual Capitalist. Whether it is Chevron’s investment in Australia’s north-west shelf, or Incitec Pivot’s $1 billion ammonia plant in New Orleans, companies often find the best payback in foreign…