Treasury Wine Estates the owner of the luxury Penfolds wine business is to consider a demerger of its operations to allow greater focus on its premium wines. The company announced the results of a strategic review of its operations and said it would pursue one option of spliting off its more commercial brands into a…
Comment by Peter Roberts In a move which will be welcomed by most in the manufacturing sector the Productivity Commission has been sidelined in the federal government’s programme to map out a future for the sector post Covid-19. As reported by @AuManufacturing on Friday, former Dow chemical CEO Andrew Liveris has been called up by…
Hearing implant company Cochlear has won US Food and Drug Administration approval for its Remote Check software which will allow hospitals and physicians to remotely monitor their patients. Remote Check will now be rapidly rolled out via the internet, allowing healthcare providers to identify those in need of audiological care during the Covid-19 coronavirus pandemic.…
The Covid-19 pandemic has turned out to be the proof of the benefits of Micro-X’s revolutionary Nano portable X-ray machine, with orders piling up for the Adelaide company. The Nano, the first X-ray machine featuring a carbon nanotube emitter, has booked $3.6 million in orders since the start of the year as health authorities embrace…
Last Tuesday, when the Prime Minister announced the government would subsidise six million jobs for six months to the tune of $1,500 a fortnight, the nation’s economists were left speechless.
The pivots by local companies to meet Australia’s PPE needs have gained coverage in the mainstream press and been a source of pride for the country’s manufacturing sector. This week businesses such as Me3D, Free 3D Hands and the FAB9 makerspace have had their efforts to 3D print visors to protect against Covid-19 infection…
Specialist braking systems manufacturer Advanced Braking Systems has continued its year-long turnaround in the third quarter of the financial year posting strong sales gains. The Perth company reported sales of $1.9 million in the third quarter, up 23 per cent on the previous corresponding period. Sales for the first nine months of the year of…
Senior executives and the board of hearing technology group Cochlear will take a pay cut for an initial three months in response to a revenue hit from the Covid-19 coronavirus pandemic. Senior executives will receive a 20 per cent cut, while non-executive directors will receive a 30 per cent cut in board fees. CEO Dig…
Only days after Melbourne’s Fallshaw Group complained in @AuManufacturing news of price gouging by freight forwarders CEO Jo Fallshaw has been given a price lifeline. Fallshaw had been hit with lack of available flights and price hikes of five times for freighting her specialised hospital bed castors (pictured) to the United States to fulfil an…
AMTIL, the peak body for manufacturing technology suppliers and users, has added itself to the list of voices requesting that manufacturing be designated an essential industry during the Covid-19 pandemic.
