Sunday, November 24, 2024

Australian manufacturing PMI enters contraction territory in March

Australia’s manufacturing sector saw a mild decline in March, due to lower market demand that reduced output and inventory levels, marking the first PMI contraction since May 2020. 

ACTU calls for 7% pay rise for lowest-paid workers to keep up with inflation

The Australian Council of Trade Unions (ACTU) is calling for a seven per cent pay rise for workers, which would lift the minimum hourly rate to $22.88 and the minimum annual full-time rate by $2966 to take it to $45,337.28. 

Australian company Novonix to produce battery materials in MENA region

Battery technology company Novonix has partnered with TAQAT Development Company to establish an incorporated joint venture that will produce anode materials needed for manufacturing...

Sparc on track for initial commercial production with ecosparc commission

Sparc Technologies has commissioned its graphene additive product, ecosparc, at its commercial production facility in Adelaide, South Australia.

Orbital UAV to complete UAV engine project for Singapore customer

Australian drone manufacturer Orbital UAV said it secured a $2 million contract with a major Singapore customer to continue and complete a multi-fuel unmanned aerial vehicle (UAV) engine program. 

Australian job vacancies ease in February but remain high historically

Australia's job vacancies dropped in the three months leading up to February, the third consecutive quarter of decline, but figures remain significantly higher than levels prior to the pandemic, indicating a competitive labour market, according to the latest Australian Bureau of Statistics (ABS) data.

Wide Open Agriculture to identify location for large-scale buntine protein manufacturing facility

Wide Open Agriculture (WOA) announced that it is moving forward in identifying a large-scale manufacturing plant for the production of buntine protein, a key ingredient in a variety of food 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. 

Nightingale reveals exclusive drone distribution agreement for Australia, NZ

Nightingale Intelligent Systems, a provider of advanced security drones, announced an exclusive multiyear distribution agreement with public safety technology firm Arvensys Group in an effort to supply artificially intelligent security drones to Australia and New Zealand.

ASX biotech firm Noxopharm’s new mRNA enhancer to make vaccines safer

Australian biotech company Noxopharm Limited unveiled today the development of a new mRNA vaccine enhancer that will make mRNA vaccines safer by reducing inflammation associated with mRNA vaccines. 
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy

As the sports manufacturing industry evolves, artificial intelligence (AI) is emerging as a critical catalyst for innovation and efficiency.