Australian manufacturing PMI remains unchanged in August— Judo Bank
The Australian manufacturing sector continued to contract in August at a rate similar to July's, with the headline seasonally adjusted Judo Bank Australian Manufacturing PMI posting the same result of 49.6.
Western Australia green energy projects to get boost with UK delegation
Training Minister Simone McGurk will head a team to the United Kingdom to promote Western Australia as a premier investment location and key green energy initiatives and projects.
New study finds hidden lithium reserves in Australia
Researchers have mapped out potential reserves of lithium located across Queensland, New South Wales, and Victoria, opening up new possibilities for Australia’s lithium industry.
CSIRO report outlines potential of alternative methods for animal-free medical research
A recent analysis from CSIRO, Australia's national science agency, has estimated that an emerging capacity that employs 'non-animal models' to evaluate novel medical goods could produce over $1.5 billion in revenue and create over 5,000 employment by 2040.
ARENA announces $10 million to back RayGen’s new solar storage plant in Victoria
The Australian Renewable Energy Agency (ARENA) has awarded $10 million in funding to RayGen Resources to support the development of its advanced solar and thermal storage technology for commercialisation and full utility-scale deployment.
Smart Manufacturing Conference to showcase latest technologies, role of AI in the industry
The upcoming Smart Manufacturing Conference, a feature event of the 2023 Modern Manufacturing Expo, is slated to feature the latest in smart technologies and processes to help local manufacturers gain a competitive edge, according to Marie Kinsella, CEO of the International Exhibition & Conference (IEC) Group.
Mandatory Spirit, Tetra Pak launch cocktail drinks in aseptic cartons
Australian beverage company Mandatory Spirit Co. and global packaging giant Tetra Pak have teamed up to launch a new product category, packing cocktails into aseptic carton packages produced in Victoria.
Unlocking the power of data for sustainable operations
In today’s interconnected world, data collection, analysis and utilisation have become essential for driving efficient and sustainable operations.
Austal reports EBIT loss but retains record $11.6b order book
Global shipbuilder Austal announced its FY2023 financial results, reporting a $4.8 million loss in Earnings Before Interest and Tax (EBIT), which is consistent with the previously advised earnings projection issued last month.
Quickstep collaborative project to reduce composite production cost
Aerospace composite manufacturer Quickstep has collaborated with the Sovereign Manufacturing Automation for Composites CRC (SoMAC CRC) and Deakin University’s Institute for Intelligent Systems Research and Innovation to help address the high cost of large-scale composite production.
Featured Article
How growth capital is helping an Australian manufacturer go global
There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.
