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Fonterra says soaring cheese prices drove half year sales to $546m

New Zealand dairy giant Fonterra has reported a 50 per cent spike in its first-half profit, totalling NZD 546 million (AUD 506 million), owing mostly to favourable margins in the company’s cheese and protein portfolios. 
The new state-of-the-art plasma beamline cutting steel tube and beams

BlueScope announces $851m EBIT for FY2023’s first half

ASX-listed steelmaker BlueScope has posted an underlying EBIT of $851 million and a net profit after tax (NPAT) of $599 million for the first half of fiscal year 2023. 

Lockheed Martin Australia unveils AIR6500 solution with $83b export market potential

Lockheed Martin Australia has introduced its proposed AIR6500 solution, featuring a Battle Management System that could combine inputs from the Defence Department's extensive network of highly capable sensors into a single, actionable picture, providing clarity and cohesion to a challenging undertaking. 

Kowhai Park takes a step forward for one of New Zealand’s largest solar farms

Kowhai Park, Christchurch Airport's renewable energy zone, has moved a significant step closer to reality with the largest solar farm to be developed.

Bodd closes $5 million funding round

Australian data and insights startup Bodd is pleased to announce it has raised $5 million in an oversubscribed funding round.

Predictions for 2023

Organisations across Australia and New Zealand (ANZ) have seen significant change and evolution over the past few years, with many experiencing a rapid shift in the use of technology to streamline their operations and empower employees to work from anywhere.

CSL boosts AU’s plasma manufacturing capability with new Fractionation Facility

Global biotech company CSL has opened a new $900 million Plasma Fractionation Facility in Victoria, bolstering the future of plasma manufacturing in Australia. 

Green and gold kangaroo now protected in Singapore, New Zealand & Thailand

A win for Aussie exports, the famous green-and-gold kangaroo Australian Made, Australian Grown (AMAG) logo is now registered in Singapore, New Zealand and Thailand. 

New Zealand’s PMI contracts to 49.3 points in October

The New Zealand manufacturing industry’s market activity slipped into contraction territory in October.

a2 Milk receives FDA discretion to supply infant milk formula to US

The a2 Milk Company announced it has received discretion from the U.S. Food and Drug Administration to supply its a2 Platinum Premium infant milk formula to the U.S. market to help alleviate the ongoing supply crisis. 
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Can AI reshape safety for Australia’s steel mills?

Over the past decade, more than 1,850 workers have lost their lives to traumatic injuries in Australian workplaces. Even more alarming, over 1.1 million workers have filed serious compensation claims for injuries resulting in more than a week of lost work time. That is approximately one in every 12 workers facing significant workplace injuries.