Oceania Glass, Australia’s only architectural glass manufacturer, collapsed after its private equity owner declined to fund a $21 million plant upgrade, administrators told creditors on Sunday. The 169-year-old company, which supplied large glass panes for Parliament House in Canberra, appointed Grant Thornton as administrator on February 4 after facing liquidity issues. Administrator Lisa Gibb informed…
The Future Made in Australia is great if you are in one of the chosen new high growth sectors that are its focus. But what of existing, centuries old manufacturing value chains assailed by cheap online retailing? By Allyn Beard. Cheap, imported and mass-produced goods are seemingly taking over Australia, with the likes of online…
Australian markets are being flooded with non-compliant products that threaten both consumers and manufacturers alike. Here Neil Clout argues that weak regulations, rarely enforced are eroding Australia’s industrial and skills base. In the vast landscape of global commerce, the competition is fierce, and the stakes are high. For Australian manufacturers, the challenges are particularly daunting.…
