Tuesday, March 4, 2025

Austal reports strong growth, eyes further expansion in 2025

Austal Limited has reported strong financial growth in the first half of the 2025 financial year, with earnings exceeding expectations and a record order book supporting future expansion.

Major retailers and manufacturers engage in FSC Forest Stewardship event

Leading Australian retailers and manufacturers recently participated in the FSC Forest Walk at HVP Plantations in Victoria, an event designed to provide an in-depth understanding of FSC-certified forestry practices. 

Australia’s food manufacturing sector poised for growth, report finds

The House Standing Committee on Industry, Science and Resources has released its report on the inquiry into food and beverage manufacturing in Australia, titled, "Food for Thought: The opportunities and challenges for Australia’s food and beverage manufacturing industry." 

$1B Green Iron Investment Fund welcomed by WWF-Australia

The World Wide Fund for Nature-Australia (WWF-Australia) has welcomed the federal government’s announcement of a $1 billion Green Iron Investment Fund and its commitment to supporting the transformation of the Whyalla Steelworks.

Whyalla Steelworks receives $2.4B lifeline from federal, SA gov’ts

The Albanese and Malinauskas Governments have unveiled a $2.4 billion package to secure the future of the Whyalla Steelworks, safeguard jobs, and strengthen Australia’s sovereign steelmaking capabilities.

Fonterra raises earnings and milk collection forecasts for FY25

Fonterra Co-operative Group Ltd has indicated that its earnings for the 2025 financial year are expected to be in the upper half of its previously forecast range of 40 to 60 cents per share. 

Researchers create 50% lighter panels to address housing needs after disasters

Researchers at the University of Queensland (UQ) have developed innovative timber-cardboard construction panels that could provide a lightweight, cost-effective, and sustainable solution for temporary housing in disaster-stricken areas. 

BluGlass secures $120K repeat order for advanced GaN laser technology

Australian semiconductor company BluGlass Limited has secured a repeat order valued at AUD 120,000 for its semi-custom Gallium Nitride (GaN) laser diode bar products from the College of Optics and Photonics (CREOL) at the University of Central Florida. 

ARENA invests $30M in advanced cathode powder manufacturing

The Australian Renewable Energy Agency (ARENA) has announced $30 million in conditional funding for VSPC Pty Ltd (VSPC) to support the commercialisation of a new manufacturing process for lithium-ion battery cathode powder. 

AWU announces new industrial action after failed wage negotiations

The Australian Workers' Union (AWU) has announced it will resume industrial action at Tomago Aluminium after negotiations over a new wage agreement reached an impasse. 
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Balancing profit and sustainability in supply chains

Priorities in the supply chain are expanding, moving away from cost as the main driver behind purchasing decisions. Now, sustainability and ethical sourcing are grabbing a portion of the spotlight.