Holden has dumped its once market-leading Commodore nameplate as sales of the brand continue to tank. With sales of about 6,000 a year, the model is obviously unviable. But then again it was always on the cards – no-one really expected that buyers of the big rear drive Commodore made in Adelaide until 2017 would…
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A second plant-based meat food business, Fable, has attracted capital as factory-made meats take off. Fable raised $1.5 million from Atlassian co-founder Mike Cannon-Brookes, Blackbird Ventures and angel investors, according to a report in Channel 9 media. Fable’s plant-based meat product launched at Heston Blumenthal’s Dinner restaurant in Melbourne on Tuesday is said to have…
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Two major engineering contracting, manufacturing and maintenance groups have joined forces with the purchase of BCG Contracting by NRW Holdings (ASX: NWH). BCG will be renamed NRW with the combined group employing 8,300 in numerous facilities and factories in every mainland state. More than 13,500 casual staff are also employed. NRW is a diversified provider…
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Comment by Peter Roberts Having failed in its last attempt to slash the cost of, I mean ‘reform’ the R&D tax incentive – its own Senators refused to vote for it – the government is trying yet again. Smarting from a rejection of its efforts to slash, I mean ‘reform’, the scheme earlier in the…
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Emerging South Australian biotechnologies will be accelerated through a Chinese-backed $AU45 million investment fund aimed at commercialising health research for the global market.
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An important part of the World Trade Organization will cease to function from midnight. December 10 is when the terms of two of the remaining three members of its Appellate Body expire. It is meant to have seven.
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Battery anode and graphene materials group Talga Resources (ASX: TLG) has raised $6 million in an oversubscribed share purchase plan. The company had been planning to raise $3 million, but will keep the additional funds to scale up the business including increasing production of its Talnode anode operation. Talga chairman Terry Stinson said the additional…
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Gas is now flowing from Senex’s Project Atlas in the Surat Basin, with the state’s resources council saying it will drive down elevated prices and protect Queensland manufacturing jobs.
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Few manufacturing companies can hope to grow revenues and profits by more than 20 per cent a year but this is the winning hand that is held by Sydney’s Aristocrat Leisure (ASX: ALL). One of the world’s largest manufacturers of gaming machines, and an emerging power in online and digital gaming, Aristocrat recently announced results…
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Lithium processing technology group Lithium Australia (ASX: LIT) and battery materials group Novonix (ASX: NVX) have announced separate advances in battery materials and lithium ion battery manufacture. Novonix announced it has sold 500 tonnes of lithium-ion battery anode material to Samsung, while Lithium Australia announced a new battery venture to evaluate local manufacture. Novonix will…
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