Aussie home blood testing kits set for UK and European shores
Trajan’s cutting edge blood sampling technology could soon be helping countries hardest hit by COVID-19.
Lion commits to 100 per cent renewable electricity-powered brewing by 2025
Lion has announced an increase in efforts to become carbon neutral, made public in November, with a goal of 100 per cent renewable energy powering its breweries by 2025, and initiating a “whole brewery” carbon reduction approach throughout the company and its supply chain.
48-hour Trans-Tasman online defence hackathon aims to strengthen sovereign supply chains
An event between the Australian and New Zealand defence forces this weekend, titled #ANZDFhack, will focus on novel solutions aimed at strengthening sovereign capability.
More SMEs raise new equity as Covid bites
SME manufacturers are joining the rush to equity markets to help shore up their finances as the Covid-19 pandemic clouds the economic future. Keytone Dairy Corporation is the latest to announce a capital raising on the Australian exchange, succeeding in raising $12.5 million through a share placement with sophisticated investors. New shares are to be…
THC Global buys cannabis clinic network
Farm to pharmaceutical cannabis group THC Global has bought Tetra Health, a leading Australian clinic network giving it access to a potential 10,000 patients. The company, which operates two growing facilities and a pharmaceuticals biomanufacturing facility (pictured), bought Tetra for an undisclosed sum Tetra comprises 600 referring physicians, 30 prescribing physicians and a national network…
More than 10,000 job losses, billions in lost revenue: coronavirus will hit Australia’s research capacity harder than the GFC
Australia’s researchers have answered the call to help with urgent pandemic clinical trials and other research needs, placing other work on hold. Experts across a broad range of disciplines are crucial to our health, mental health and economic well-being.
CSR full-year profit up, low dollar boosts aluminium
CSR has announced a net profit of $125.3 million for the year ended March 31, though will not pay a final dividend due to the difficult economic environment.
Incitec Pivot the latest to raise capital
Fertiliser and explosives business Incitec Pivot has become the latest large manufacturer to tap the capital markets for new equity to tide it thorough the Covid-19 pandemic. The company has successfully placed $600 million in new equity with institutional investors in a fully underwritten offering at $2 a share. It now plans to raise an…
Re-usable nanoparticles the secret to clear white wine
Groundbreaking South Australian research is showing damaging proteins can be more efficiently stripped from white wines to stop clouding.
Fletcher Insulation teams up with Amaero additive
Additive manufacturing group Amaero International and Fletcher Insulation will jointly develop a 3D printing application to provide superior tooling. Amaero CEO Barrie Finnin said the two companies would print tooling and test it under full operational load. Fletcher, the manufacturer of Pink Batts and Sisalation, and Amaero will jointly develop the new tooling production technique…