Employer representative the Australian Industry Group has said the best outcome “would undoubtedly be a clear election result”, following the prime minister’s announcement on Friday morning of a May 3 election date. Following the budget on Tuesday and the opposition’s reply last night, prime minister Anthony Albanese asked the governor general to dissolve parliament this…
JV not to be for FBR Robotic technology company FBR told shareholders that the “period for the option granted to CRH Ventures” to enter a joint venture in the US passed on February 16. FBR said it “did not receive formal notice of exercise of the option” from CRH and therefore FBR is no longer…
Tariff exemption consideration a welcome first step: Ai Group The agreement by US president Donald Trump to consider an exemption for Australian steel, aluminium and iron from a 25 per cent tariff is “a welcome first step to protect vital industries with more than 100,000 mostly regional jobs,” Innes Willox, Chief Executive of the Australian…
Prime Minister Anthony Albanese (pictured) has engaged in a pivotal 40-minute discussion with U.S. President Donald Trump, addressing potential exemptions for Australia from the looming 25 per cent tariffs on steel and aluminium. This conversation on Tuesday is part of a broader diplomatic initiative to underscore Australia’s role as both a defence ally and a…
Ai Group on inflation: “the worst is behind us, but”… Employer representative the Australian Industry Group has welcomed new inflation figures released by the Australian Bureau of Statistics on Wednesday, but cautioned that there is “a lot of work to do” in returning the nation to “a stable economic footing”. The ABS tracked inflation at…
According to the latest Australian Industry Group (Ai Group) industry expectations survey, industry leaders across Australia are notably pessimistic about the country’s economic prospects for 2025, with many scaling back on long-term investments in favour of short-term productivity measures. Innes Willox (pictured), Chief Executive of the Ai Group, emphasised that the survey’s results should serve…
Whyalla steel works produces first structural steel The Managing Director of Liberty Steel Group Tony Swiericzuk at Whyalla in South Australia has celebrated the completion of repairs and start up activities at the primary steel producer. Swiericzuk took to social media and said: “After a 48 hour reheat furnace start up programme, the Whyalla Steelworks…
Standards provider GS1 Australia has announced the release of new Australian Standards by Standards Australia, marking a pivotal milestone towards a more uniform Australia. These new standards incorporate the use of standard GS1 keys, which enable organisations to assign standard identifiers to products, components, documents, assets, and physical locations, according to an announcement. The keys…
Guidelines are available for the Queensland government’s Manufacturing Energy Efficiency Grants (MEEG) ahead of applications opening on October 23. Grants provide matched grant funding of between $5,000 and $25,000 for equipment or processes to decrease energy use or carbon dioxide emissions, with project needing to demonstrate a 10 per cent reduction in either. In a…