Australian PMI contracts to 44.7 in 2022’s final result
Australia’s Performance of Manufacturing Index (PMI) slipped further into contraction territory in November following three months of flat conditions.
Nutritional Growth Solutions expands US market presence through Walmart
Nutritional Growth Solutions, a global provider of pediatric nutritional products, is rolling out its new Happy Tummies supplement in Walmart stores across the United States, following the initial performance of its Kidz Protein products.
Australia’s 4.6% decline in labour productivity driven by pandemic, low unemployment rate
The Productivity Commission’s 2023 Bulletin has revealed that the 4.6 per cent fall in labour productivity for the 12 months to March 2023 is brought about by the unwinding of COVID-19-related effects and historically low unemployment rate.
XTEK expects record revenue of $88m in upgraded FY23 forecast
Defence industry company XTEK has updated its FY23 results guidance, anticipating record revenues for FY23 of between $86 million to $88 million up by circa 50 per cent compared to the previous recorded revenue of $58.2 million.
Report: 3D printers market size to reach USD 88.61b by 2032
The market for 3D printers will be worth approximately USD 88.61 billion by 2032 and will grow at a CAGR of 17.54 per cent between 2023 and 2032, according to a recent report by Precedence Research.
Orbital kickstarts UAS engine delivery for Australian Army contract
Orbital UAV has begun the delivery of engine builds for Insitu Pacific’s next-generation tactical UAS for the Australian Army.
First Graphene and Suvo Strategic Minerals to collaborate on low-emission cement and concrete
First Graphene Limited (ASX: FGR; “First Graphene” or “the Company”) is pleased to announce it has entered into a joint development agreement (JDA) with fellow ASX-listed company Suvo Strategic Minerals Limited (ASX:SUV; “Suvo”) to research and develop low-emission cement and concrete products.
Imricor gets green light to enter Saudi Arabian market
Imricor Medical Systems, an ASX-listed developer of MRI-compatible medical devices, has received Medical Marketing Authorisation from the Saudi Food & Drug Authority (SFDA).
EOS secures financing to back restructuring efforts
Defence and aerospace company Electro Optic Systems (EOS) has ventured into a financing agreement with major shareholder Washington H. Soul Pattinson and Company (WHSP)...
RV manufacturing flourishes with promising 2022 figures
The Caravan Industry Association of Australia has released manufacturing and import figures for 2022, with nearly 50,000 new registrations recorded and 28,031 new units sold in Australia up 17.1 per cent compared to the previous year.
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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.
