Saturday, November 23, 2024

Manufacturing and mining turnover decline in July, according to the ABS

Australia’s manufacturing industry’s turnover significantly slipped by 3.8 per cent in July, breaking the continuous rises of the sector in the five months prior,...

Australian industry slips further into contraction over fall in new orders

The Ai Group Australian Industry Index slumped further in March as the industry sees a fall in demand, while the manufacturing sector rebounded led by improvements in the chemicals and food & beverage sectors. 

ANZ businesses need ESG scorecard boost to attract investors, research reveals

A study conducted by Intuit Research has highlighted the significance of environmental, social and governance (ESG) sustainability scorecard for businesses in Australia and New Zealand to attract more investors. 

Counter-UAS manufacturer DroneShield secures R&D contract with Five Eyes Defence Department

DroneShield has been awarded a two-year research and development (R&D) contract for $9.9 million by a Five Eyes Department of Defence (DoD), with approximately $4.5 million expected in the third and fourth quarters of 2023. 

New Zealand’s PMI dips by 2.8 points in September

New Zealand’s manufacturing industry saw a slower expansion rate in September, according to the latest BusinessNZ Performance Manufacturing Index. 

New Zealand manufacturing shows growth in August— survey

New Zealand’s manufacturing industry has seen yet another expansion for the month of August, according to the BusinessNZ Performance Manufacturing Index.  The sector’s seasonally adjusted...

BAE Systems builds momentum after winning record $65b in new orders

BAE Systems has delivered another strong year of performance in 2022, both financially and operationally, with a record order intake of £37.1 billion (AUD 65.4 billion), driving the company’s defence order backlog up to £59 billion (AUD 104 billion).

Aussie dairy farmers poised for another profitable year despite expected price decrease

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.

DroneShield secures portable counter-UAS orders for $2.2m

ASX-listed DroneShield has received two orders totalling approximately $2.2 million for a number of its handheld systems, including the recently launched DroneGun Mk4 portable drone countermeasure equipment.

4DMedical partners with Philips to expand US Defence commercialisation

ASX-listed imaging technology developer 4DMedical Limited has signed a teaming agreement with Koninklijke Philips, a leading global healthcare company, to commercialise 4D Medical’s XV Technology within the US Department of Veterans Affairs. 
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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.