Austal shows (again) why it should remain Australian controlled

By Peter Roberts Shipbuilder Austal has again shown at its annual general meeting the folly of Australia’s apparent unconcern should the company fall under foreign ownership. In September Korea’s Hanwha gave up on a takeover of Austal, a deal that was waved through by Defence Minister Richard Marles as of no concern to the government.…

Austal’s massive order book in year of more ups than downs

By Peter Roberts The Chairman of Perth international shipbuilder John Rothwell has celebrated a year of massive ups and the occasional down in an upbeat address to the company’s annual general meeting. Rothwell first and foremost celebrated the growth in Austal’s order book to $11.6 billion, if all contract option agreements are exercised. Driven by…