Strong business performance and the high US$ have enabled Perth international shipbuilder to substantially increase both sales and prfoit expectations for the year. The company expects group EBIT of $125 million for the year, up $15 million on previous estimates. This is likely to be struck on revenue up $100,000 to $2 billion for FY2020.…
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Although there are some jobs machines just can’t do, COVID-19 has left us wondering about the future of work and with this, the capacity of automation to step in where humans must step back.
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Pharmaceutical giant MSD will use Vaxxas’s syringe-free vaccination platform on an unnamed “vaccine candidate.”
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The New South Wales government has announced the area around Williamtown air force base will be the state’s fifth special business activation precinct. Deputy premier John Barilaro said the area will turbocharge the region’s growth as a national and international defence and aerospace hub. The NSW Government will define 10,000 hectares around the Port Stephens…
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Three University of Wollongong-led research projects have been awarded close to $1 million funding to develop blockchain and electric powertrain technologies. The grants, through the Australian Research Council’s Linkage Projects scheme, are designed to bring university researchers together with industry partners. Professor Willy Susilo of UOW’s School of Computing and Information Technology received $199,857 for…
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By James Riley Michael Biercuk sits at the centre of a bunch of areas of strategic national interest as a quantum physicist at the University of Sydney, and as the founder/CEO at the VC-funded quantum startup Q-CTRL. Professor Biercuk has a view on many things, but probably none more so than on the government policies…
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A South Australian vitality drink created by an eye surgeon will today launch its distinctly Aussie beverage in 24,000 South Korean convenience stores.
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Swiss-headquartered confectionery company Barry Callebaut Group agreed to acquire Australian business-to-business manufacturer GKC Foods at a virtual signing ceremony on Wednesday.
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In Australia, retail and hospitality workers have been particularly hard hit. In other countries, it’s manufacturing workers, hit by disruptions to value and supply chains.
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New materials developer Archer Materials is to raise up to $3 million from investors through a share purchase plan. The company, which is developing a quantum computer chip, will use the funds to increase the pace of its work programmes and hire additional staff. The company last raised capital in 2019 at 13 cents a…
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