Gaming machine manufacturer Aristocrat Leisure has boosted profits for the second half ending 31 March as it emerges from a Covid-19 hit to the global gambling and gaming industry. The Sydney company increased earnings before interest, tax depreciation and amortisation (EBITDA) o $750 million, a six per cent rise on the previous corresponding period. It…
Not-for-profit VET organisation IBSA Group will present its new report — Scaling Up. Developing Modern Manufacturing Through a Skilled Workforce — to the federal government this week, which includes suggestions to deal with skills shortages that stand in the way of a local manufacturing renaissance.
Treasury Wine grows profits again after China hit At an investor information day Treasury Wine Estates, the maker of Penfolds wines, revealed its profits were recovering following a period affected by the Covid-19 pandemic and the imposition of punitive import tariffs by China. The company told investors its second half operating profit in FY21 would…
South Australia’s growing ranks of craft brewers and distillers say that a dramatic increase in excise rebates that will put an extra $250,000 a year in their pockets is a “game-changer” that will boost jobs, production and focus on exports.
A decision on the future of Ampol’s Lytton refinery is expected within weeks, as the company negotiates details of a support package for the fuel industry.