Companies must still compete with imports, shouldn’t bank on post-Covid patriotic purchasing shift

Recent weeks have seen a renewed focus on supporting Australian made goods. From the industry minister — citing a “groundswell of community support” for locally-produced stuff — downwards, there’s hope consumers and businesses will open their wallets to Australian companies, creating local jobs in the process.   Not everybody is certain it will work out…

H2X hydrogen vehicles names first Australian supplier – Elvin Group Renewables

Exclusive by Peter Roberts Hydrogen vehicle developer H2X has named its first manufacturing partner, Elvin Group Renewables, which will manufacture clean, green hydrogen electrolysers for the Australian market. The electrolysers will be scalable from small household units, to those capable of being sited at a service station where they could be used to refuel hydrogen…

Woolworths reshores nappie production to Sydney

Supermarket chain Woolworths has announced that manufacturing of its own brand nappies, Little One’s, will be reshored to Australia. Little One’s Newborn, Infant, and Junior sizes are already manufactured in Australia, with locally made crawler, walker and toddler sizes to be progressively introduced into Woolworths supermarkets over the coming months. Ontex Australia will produce more…

CSL pays $655 million for potential haemophilia treatment

Australians are used to seeing overseas pharmaceutical companies paying huge sums for locally-developed drugs, only to see the benefits of commercialisation realised outside the country. Now biotechnology giant CSL has reversed the trend, paying a massive $655 million (US$450 million) to buy a new drug candidate from an American company which it will commercialise, and…