National Shipbuilding Authority needed to guide naval ship construction

Comment by Peter Roberts A former South Australian Liberal party leader who later became a minister in the state Labor government has called for the establishment of a national shipbuilding authority to guide naval ship construction. Martin Hamilton-Smith’s political history is indeed as complex as the task now facing Australia to build and then sustain…

Profile of success – Elphinstone and Caterpillar

Tasmanian mining equipment manufacturer Elphinstone has made a remarkable comeback as an OEM manufacturer to the global Caterpillar group. The Burnie company, which employs 2,500, first shot to prominence when it modified Caterpillar surface equipment to operate underground. Eventually it grew into a 50: 50 joint venture with Caterpillar, designing and making underground load, haul,…

ACCC warns winemakers in relations with small businesses

We all love to love Australia’s successful value-adding wine making industry, but it seems all is not bliss on the nation’s vineyards. A report by the Australian Competition and Consumer Commission just released warns of power imbalances in the grape supply chain being exploited by some wine makers. The ACCC looked at competition, contracting practices,…

Fonterra offloads pharmaceutical business, cuts debt

New Zealand dairy giant Fonterra (ASX: FSF) has offloaded its shareholding in pharmaceutical supplier DPE Pharma as it reorganises its businesses to cut debt. The company sold its 50 per cent shareholding in the international suppliier of dry inhalation powders for $589 million (NZD$633 million), ending its association with milk-based pharmaceuticals. The purchaser was capital…