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Manufacturing industry leads in leader connectivity, new Telstra study finds

A new report by Telstra has uncovered an opportunity for Australia’s business and public sector leaders, estimating that a lack of professional connection among senior leaders could be costing the country up to $53 billion in potential revenue annually.

Challenges ahead for Australia’s sheet metal product manufacturers, says report

The Sheet Metal Product Manufacturing industry in Australia has faced challenges over the past five years, driven by fluctuating demand across various market segments, according to a recent report by IBISWorld.  

Austal’s EBIT rises to $56.5M in FY2024 amid record $12.7B order book

Austal Limited announced its financial results for the fiscal year ending 30 June 2024 (FY2024), reporting a significant turnaround with Earnings Before Interest and Tax (EBIT) of $56.5 million. 

VEEM reports record financial results for FY24: NPAT soars by 70% to $7M

VEEM, a prominent designer and manufacturer of high-technology marine propulsion and stabilisation systems, has announced record financial results for the year ending 30 June 2024. 

Aussie manufacturers redefine packaging with $120M revenue boost

Three Australian manufacturers have commercialised world-leading packaging solutions, transforming their industries with advanced technologies. 

Australia’s $215B clean tech potential unleashed in new report

A recent report from Beyond Zero Emissions has revealed Australia's capacity to lead the global clean technology movement, presenting strategies poised to generate $215 billion in revenue and 53,000 jobs by 2035.

EOS expands revenue with $24 million in new contracts

Electro Optic Systems Holdings Limited announced the acquisition of significant contracts aimed at diversifying its revenue streams.

Cochlear reports growth in implant units and revenue for FY24

Cochlear, a global leader in hearing solutions, announced impressive results for the fiscal year 2024, marked by substantial increases in cochlear implant units and sales revenue across various markets.

Austin Engineering anticipates 18% surge in 1H FY24 revenue

Global engineering firm Austin Engineering has shared positive news with a forecasted 18 per cent improvement in its first-half results for the financial year ending 30 June 2024 (1H FY24).

Tritium achieves record first-half revenue, secures $75M in financing

Tritium, a Brisbane-based manufacturer of electric vehicle chargers, has released its first-half calendar year and full fiscal year results, reporting record revenue of $112 million for the first half of 2023, marking a remarkable year-over-year increase of over 286 per cent. 
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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.