Nominations open for 2021 Good Design Awards
Entries are now open for the Good Design Awards, now in their 63rd year.
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CSL’s massive profit increase as vaccines, new products star
Australia’s largest company by market capitalisation, biotechnology manufacturer CSL has powered ahead in the first half of the financial year reporting a net profit after tax up 44 per cent on the previous corresponding period. The company, which is in the final stages of manufacturing the AstraZeneca Covid-19 vaccine, reported a NPAT of $1.8 billion…
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Defence responds to concerns about Sydney data centre contract
The Department of Defence has released a statement responding to reports of a contract extension with a data storage provider part-owned by a Chinese consortium.
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How an old video brings home the decimation of Australian manufacturing
Comment by Peter Roberts There is a myth, unkind as it is to frogs, that the amphibian when set in cold water and brought to the boil will just sit there even as conditions around it go from bad to worse. But something similar has been happening to all of us keen supporters of Australian…
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Manufacturing news briefs – stories you might have missed
Noxopharm’s loss on R&D activities Clinical stage drug development company Noxopharm has reported a loss of $6.7 million before tax for the first half of the financial year. The company, which is commercialising its drug Veyonda (pictured) for the treatment of advanced prostate cancer, spent $3 million on R&D and received a R&D tax refund…
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Crisis one year on, this is what I have learnt – by Michael Clayton
A year ago Michael Clayton, CEO of Derby Rubber, watched as his Derby Steet factory went up in flames. Here he writes about the recreation of a leading manufacturing enterprise. Today marks 12 months since I commenced the most significant professional journey of my life – here are some of the lessons that I learnt.…
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Goanna Ag and Myriota combine for farm sensor solutions
Farm sensor manufacturer Goanna Ag and IoT nanosatellite operator Myriota have combined to launch two innovative products to help farmers manage water resources, Go Rain and GoTank. GoRain allows farmers to monitor rainfall at remote locations, providing information on rainfall variability that enables data driven decision-making. GoTank updates livestock farmers via the industrial IoT on…
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New program to connect SMEs with global supply chains
The Defence Teaming Centre member organisation of defence companies has launched a new program designed to help SMEs get a foothold in global markets and supply chains for defence, advanced manufacturing and cyber security sectors. DTC’s Team.eX is a specialist business program that helps SMEs develop business maturity and collaborate to build the capacity and…
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Cashed-up Codan makes tactical US acquisition
Australian tech company Codan will pay more than $100 million to buy US-based Domo Tactical Communications from a private equity firm.
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PPK Group looks to divest mining equipment business, focus on technology
Technology commercialisation business and mining equipment manufacturer PPK Group has suffered a drop in profit as the company continues to aggressively expand its portfolio of businesses. The company reported today earnings before interest tax amortisation and depreciation of $924,000 in the first half year, down from a profit of $3.1 million. Total revenues were hit…
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