Australian wine industry faces high stock levels amid steady sales, production cut
Despite a challenging year marked by the lowest wine production in 15 years, the Australian wine industry continues to face pressure from historically high national wine inventory levels, as revealed in Wine Australia's Wine Production, Sales, and Inventory Report 2023.
Austal delivers strong revenue results with long-term programs growth
Global shipbuilder Austal has recorded FY2022 H1 revenue of $775.0 million supported by strong growth in the sustainment business, with revenue from the segment rising 67 per cent to $194.6 million.
Quickstep to supply F-35 vertical tail components in new contract
Quickstep Holdings has secured an $11.3 million purchase order for its Lot 17 F-35 vertical tail components from Marand Precision Engineering, a longstanding to Quickstep on the F-35 program.
BlueScope sees net profit falls in FY2023; announces Port Kembla furnace relining and upgrade
BlueScope has made a $1.15 billion investment in the relining and upgrade of the No.6 Blast Furnace (6BF) Port Kembla Steelworks and announced a dip in profit in fiscal year 2023.
Jervois submits loan application under US DOE manufacturing initiative
Australian cobalt company Jervois Global Limited has submitted an application to the United States Department of Energy (DOE) Loan Program Office to finance its proposed greenfield US cobalt refinery.
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.
Australian manufacturers to face enduring cost crisis in 2023
The Australian manufacturing sector is set to see a downward trend in the upcoming months as high inflation, spiralling energy costs, and ongoing labour shortage drag the industry's economic outlook, according to the latest ACCI-Westpac Survey of Industrial Trends.
Orica reports strong half-year performance driven by core blasting business
Orica has reported robust financial results for the half-year period driven by a surge in earnings from its core blasting business and growth in technology and digital solutions.
PMI data shows Aussie manufacturing at three-month high in July
Australia’s manufacturing sector gained momentum in July, marking its strongest performance in three months, according to the latest S&P Global Australia Manufacturing Purchasing Manager’s Index (PMI®) report.
Prestons logistics asset transacts for $58.255 mil at 3.35%
Pittwater Industrial purchases what may prove to be the most impressive industrial investment of 2022
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Australian Manufacturing Week 2026 to make Brisbane debut
Australia’s leading advanced manufacturing showcase, Australian Manufacturing Week (AMW), is set to return in 2026, marking its first-ever event in Brisbane.
