Market News

Cann Group, a leading manufacturer and supplier of innovative cannabis medicines, appointed Peter Koetsier as its new chief executive officer, effective 16 January 2023. 

Australia’s Performance of Manufacturing Index (PMI) slipped further into contraction territory in November following three months of flat conditions. 

Downturns in Australia’s manufacturing industry persisted in November, resulting in the lowest reading in the eight-year history of Judo Bank’s Purchasing Manager’s Index (PMI) survey outside of lockdown periods. 

The market for high-performance plastics used in 3D printing is expected to expand significantly between 2023 and 2029, with a compound annual growth rate (CAGR) of 8.45 per cent, reaching a value of USD 184.5 million by that year, according to market research firm BlueWeave Consulting.

Australian graphene production company Sparc Technologies has provided its June 2023 Quarterly Activities Report sharing continued progress in its graphene products, sodium-ion batteries as well as its research and development initiatives.

Australia’s dairy farmers are on track for a fifth consecutive year of profitability, despite forecasts of lower minimum farmgate milk prices for the upcoming season, according to a recent industry report.

Weak demand in the Australian manufacturing sector has driven the country’s Purchasing Managers Index (PMI) to a 35-month low, according to the latest data from Judo Bank. 

Wire additive manufacturing developer AML3D Limited has received more than $1 million in customer cash receipts, setting a new quarterly earnings record for the company. 

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.

XTEK Limited’s HighCom Armor Solutions business unit has secured a $2.6 million purchase order from an undisclosed European customer for its ballistic body armour.  In...