Australia’s food industry adapts to post-pandemic market shifts – Rabobank
Australia’s food market is entering a "new normal" following a volatile five-year period shaped by the COVID-19 pandemic, supply chain disruptions, and inflationary pressures, according to a new Rabobank report.
New orders drag down Australian manufacturing PMI in May— Judo Bank
The health of Australia’s manufacturing industry has continued to see a downturn in May, with the headline seasonally adjusted Judo Bank Australia Manufacturing PMI posting a 48.4, up from April’s 48.0.
DroneShield secures portable counter-UAS orders for $2.2m
ASX-listed DroneShield has received two orders totalling approximately $2.2 million for a number of its handheld systems, including the recently launched DroneGun Mk4 portable drone countermeasure equipment.
Ampcontrol buys Androck to support industry decarbonisation
Australian electrical engineering company Ampcontrol has acquired Hunter-based Androck Engineering & Mining to expand renewable energy manufacturing and boost the low-carbon economy transition.
March sees surge in global manufacturing output – JP Morgan PMI report
In a promising sign for the global economy, March witnessed a robust acceleration in the rate of growth in manufacturing production, reaching its highest level since June 2022, driven by a surge in new orders.
XTEK wins new purchase order to support Australian Defence’s SUAS capability
ASX-listed company XTEK Limited has received a spare parts order from the Australian Department of Defence to support its newly acquired Small Uncrewed Aerial Systems (SUAS) capability, which was announced in December 2022.
Additive manufacturing, material market could surpass $183b by 2032 – report says
The market for additive manufacturing (AM) and materials could reach USD 183 billion (AUD 275 billion) by 2032, a 21.2 per cent spike in CAGR, as a result of the growing popularity of 3D printing, according to a market report from Future Market Insights.
Hearing aid brand Cochlear sees positive FY 2022 financial results
ASX-listed hearing devices manufacturer Cochlear Limited has reported a record sales revenue of $1.6 billion for the end of fiscal year 2022, a whopping...
Boss Energy concludes oversubscribed share purchase plan
Australian uranium company Boss Energy has announced the completion of an oversubscribed share purchase plan (SPP) with $29.6 million of applications.
Adelaide solar panel manufacturer returns to Vietnam export market
Australian solar panel manufacturer Tindo Solar is set to export to Vietnam as the Southeast Asian nation revealed it would prioritise high-quality renewables hardware in its energy grid, the company said in a press release.
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Delivering growth: how invoice finance transformed a logistics business
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