Comment by Peter Roberts One thing has been left out of the discussion of major government outlays developing Australia’s sovereign ability to build and maintain naval ships. That is the requirement for SMEs to play their part and invest large sums that often challenge – and risk – the resources of what are family owned…
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Prefabricated data centre manufacturer DXN Limited (ASX: SXN) is growing strongly on the back of demand from government, the 5G communications rollout and edge computing customers. CEO Matthew Madden told the company’s annual general meeting today today that the company was focusing on growing its sales pipeline in a market that was expanding at 20…
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A $520 million growth fund to provide patient equity capital for small and medium enterprises has been announced by the federal government.
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Perth’s Advanced Braking Technology (ASX: ABV) has made good progress in the past year in stabilising the company’s financial position. Chairman Dagmar Parsons told the company’s annual general meeting that the company had undertaken a strategic review, driven cultural change and identified cost savings. She said progress had been made towards the goal of returning…
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Medicinal cannabis cultivator and manufacturer Althea Global (ASX: AGH) has ended the year hitting milestones with 3,031 patients prescribed the drug by 375 healthcare professionals. Only 159 patients had been prescribed the company’s products a year ago. CEO Josh Fegan told the annual general meeting that the company also entered the United Kingdom market and…
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An update on the progress and future of the bionic eye – a prototype of which has restored “a sense of vision” to blind patients – has been given by the lead on the project at the Centre for Eye Research Australia and is now available.
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SunRice has announced it will cut another 100 jobs next year, following two consecutive years of record low rice crops.
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v2food which developed the Hungry Jack’s plant-based Rebel Whopper has raised $35 million in venture capital to fund R&D and build a production facility. The company, which used CSIRO R&D capabilities to launch the new burger earlier this year as reported in @AuManufacturing, raised the cash from Australian and Asian interests. Tipping in funds, according…
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Melbourne pharmaceutical manufacturer Baxter Laboratories has celebrated 25 years as a manufacturer of skin care products, sunscreens and topical pharmaceutical. Staff paused to celebrate 25 years of service at the plant yesterday (below). The company offers a complete service to third parties from research and development to regulatory services, manufacturing, filling , warehousing and global…
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Brick manufacturer Brickworks (ASX: BKW) is confident that its acquisition of three US brick makers within the space of a year will pay off. Brickworks managing director Lindsay Partridge told the company’s annual general meeting that with integration complete in 2020, its US businesses would have the scale to materially impact company earnings. Brickworks has…
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