Australian private sector continues expansion streak in June— Judo Bank
Australia’s private sector has remained in expansion at the end of the second quarter of the year, despite the manufacturing sector posting below the 50.0 neutral mark in June, according to the Judo Bank’s latest PMI report.Â
Austal launches largest ferry built at its Philippines shipyard
Shipbuilder Austal Philippines has delivered the 115-metre, high-speed vehicle-passenger ferry Express 5, the largest ferry constructed by an Austal shipyard.
Australia’s annual wage growth hits record high
The Australian Bureau of Statistics’ (ABS) reported Wage Price Index (WPI) for the December quarter showed an increase in wages of 3.3 per cent yearly and 0.8 per cent from the September quarter.
Craft beer boom drives growth in Australia’s beer manufacturing sector
The Australian beer manufacturing industry has experienced steady revenue growth over the past decade, despite a decline in per capita beer consumption, according to a market research report by IBISWorld.Â
Global manufacturing PMI remains in contractionary territory at end of 2023
The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month.Â
Quickstep releases financial results for first half of FY23
Aerospace and composites manufacturing giant Quickstep Holdings has generated total revenue of $45.4 million for the first half of fiscal year 2023, which ended 31 December 2022.
CSR announces $100 million on-market repurchase plan
CSR is buying back up to $100 million in shares on-market, as the company positions itself to invest in both long-term growth strategy and...
BluGlass GaN lasers meet performance benchmarks
Gallium nitride (GaN) laser diodes produced by BluGlass at its Silicon Valley feasibility are now achieving or exceeding manufacturer performance benchmarks, the company said in an ASX announcement.Â
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.Â
AstraZeneca backs LBT Innovations’ drug manufacturing AI development
LBT Innovations has partnered with AstraZeneca to develop artificial intelligence software that would be used in drug manufacturing.Â
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Good Design Australia opens entries for 2026 awards
For more than six decades, Good Design Australia has celebrated the power of design to shape innovation, industry, and everyday life. Its flagship program, the Australian Good Design Awards, recognises projects that show how thoughtful design can enhance products, services, systems, and communities.
