The National Reconstruction Fund Corporation (NRFC) has announced David Gall (pictured) as its new Chief Executive Officer, following the departure of founding CEO Ivan Power in November due to ill-health. Gall’s 35-year career features 16 years at National Australia Bank, including as Group Executive for Corporate and Institutional Banking. The NRFC is charged with making…
Details
Australian wine has made a splash on the global stage, with exports fizzing up to a frothy $2.55 billion this past year, showing a robust increase of 34 per cent in value and a 7 per cent uplift in volume, pouring out 649 million litres worldwide. The toast of the town? Our vineyards’ vibrant venture…
Details
Charles Darwin University (CDU) is turning up the heat on innovative, eco-friendly solutions with their latest project aimed at enhancing the effectiveness of fluorine-free firefighting foams (F3). As global efforts intensify to phase out PFAS-based foams—dubbed ‘forever chemicals’ for their environmental persistence—CDU’s initiative, supported by the United States Department of Defense, aims to create safer…
Details
According to the latest Australian Industry Group (Ai Group) industry expectations survey, industry leaders across Australia are notably pessimistic about the country’s economic prospects for 2025, with many scaling back on long-term investments in favour of short-term productivity measures. Innes Willox (pictured), Chief Executive of the Ai Group, emphasised that the survey’s results should serve…
Details
This summer, Visy, Australia’s largest integrated manufacturing and recycling business, is teaming up with seafood producer Tassal to revolutionise prawn packaging, making it eco-friendly with new recyclable cardboard boxes. Gone are the days of expanded polystyrene (EPS) containers, notorious for their environmental harm. These new boxes are crafted from up to 74 per cent recycled…
Details
Paper stationery manufacturing in Australia is on the decline, with current revenues estimated at $339.3 million and shrinking at 5.6 per cent per year between 2020 and 2025, according to new market research from IBISWorld. According to the firm’s Paper Stationery Manufacturing in Australia – Market Research Report (2015-2030), the sector is made up of…
Details
The federal government has announced Professor Tony Haymet as the nation’s new Chief Scientist, replacing Dr Cathy Foley in the three-year role. Haymet was named as Foley’s successor and Australia’s tenth Chief Scientist on Tuesday. The role involves providing “authoritative and independent evidence-based advice on whole-of-government science and technology priorities” and is appointed by the…
Details
By Rajkishore Nayak, RMIT University Vietnam and Donna Cleveland, RMIT University Vietnam If you’ve ever made kombucha, you will be familiar with the term SCOBY – a symbiotic culture of bacteria and yeast. It’s impossible to miss – it’s the floating biofilm on top of your delicious drink. While a SCOBY looks gross, it is remarkably…
Details
Our Australia’s 50 Most Innovative Manufacturers series continues with a look at plastics specialist Innomerix. Brent Balinski spoke to Director Vahid Montazeri. As other industrial automation specialists have done, CNC Design moved with client demand and ended up working in 3D printing, with this happening in the mid-2010s. It began by building a machine for…
Details
The two founders of Australian machine tool business ANCA CNC Machines were recognised with Australia Day honours over the weekend, with each named a Medal of the Order of Australia (OAM) in the General Division. Pat Boland and Pat McCluskey met at the Commonwealth Department of Supply in the 1960s, where the former was working…
Details