Wage underpayment infects the economy – but not manufacturing…

Comment by Peter Roberts This week the seamier side of Australian business was again in the spotlight as supermarket group Woolworths admitted to underpaying staff by as much as $300 million over a decade. There were the usual explanations that this was all the fault of our complex industrial relations system. This is a ridiculous…

Titomic producing trial parts for major space, nuclear, defence customers

Metal 3D printing company Titomic’s (ASX: TTT) Melbourne production bureau has been busy manufacturing test parts for prospective customers using its Titomic Kinetic Fusion process (TKF) 3D printers. In his monthly investor update, Titomic managing director Jeff Lang listed a number of cases where the company’s strategy of producing test parts for customers was leading…

Leigh Creek in talks for new fertiliser plant

Leigh Creek Energy (ASX: LCK) is in discussions with ‘several international companies’ in the nitrogen fertiliser market to establish a new production plant in South Australia. The company has successfully demonstrated in-situ gassification of coal reserves at Leigh Creek, making it the largest uncontracted gas reserve in eastern Australia. The company said in a statement:…

EOS completes takeover, boosts profit forecast

Canberra-based electronics and systems developer Electro Optic Systems (ASX: EOS) has completed the takeover of communications business EM Solutions and released increased profit forecasts for the year. The company is now a subsidiary and a foundation for EOS’s new communications division, alongside its divisions in defence and space business. EOS’s expertise is in laser communications…

Defence industry boost needed for national security

Increasing regional strategic uncertainties require new defence industry policies to achieve military self-sufficiency, according to to military strategists. Writing in the journal of the Australian Strategic Policy Institute, David Harvey and Graeme Dunk said Australia was not prepared for conflict from fuel supplies to bullets and spare parts. They argue: “For Australia to be more…

NASA and ANFF to deliver new electronic technologies

The Australian National Fabrication Facility (ANFF) and NASA are to collaborate in developing new electronics technologies and new uses for advanced materials. Under a just signed umbrella agreement, the ANFF’s micro and nanofabrication expertise will work to solve challenges faced by the aerospace industry. The ANFF provides academia and industry with access to more than…