A forensic accountant has alleged that dairy processor Murray Goulburn may have overstated its earnings and even lost money in the last financial year.
It was claimed in early November that its treatment
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Tetra Pak expands regional manufacturing footprint with US$110 million Vietnam factory
Bolstered by rapid consumption growth and increasing customer needs in the Asia Pacific region, leading food processing and packaging solutions company Tetra Pak today announced their US$110 million investment
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Australian manufacturing returned to growth in October
Australia’s manufacturing sector has returned to growth by a slim margin, according to the Australian Industry Group’s Performance of Manufacturing Index.
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Export Council of Australia challenges any rise in protectionism
Comprehensive international trade liberalisation is becoming ever more elusive, sparking action by the Export Council of Australia (ECA) to urge continued support for international agreements that serve too further liberalise trade between Australia and the rest of the world.
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On to grader things
Mount Waverley’s GP Graders has helped reshape the way stone fruit and other produce is sorted around the world, introducing automation to an area that’s sometimes been reluctant to embrace it. Brent Balinski spoke to the company’s Director, Stuart Payne.
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Gartner says worldwide shipments of 3D printers to grow 108 per cent in 2016
Worldwide shipments of 3D printers will reach 455,772 units in 2016, more than doubling the 219,168 units shipped in 2015, according to Gartner's latest forecast. Despite slowing growth rates after the market's initial growth spurt, the increase in 3D printer shipments over the next four years will see the number of units shipped in 2020 total more than 6.7 million.
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If the TPP dies, Australia has other game changing trade options
Despite last-minute efforts by the Obama administration, the US Congress’ ratification of the Trans-Pacific Partnership (TPP) agreement is in serious danger.
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Expansion should create 50 new jobs at SA company, says founder
The founder of South Australian manufacturer Hegs has said a growing number of contracts is expected to double the company’s headcount.
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Viewpoints: do foreigners have more freedom to invest in Australia than in almost any other country?
Prime Minister Malcolm Turnbull recently said: “China has more freedom to invest in Australia, indeed all foreigners have more freedom to invest in Australia, than almost any other country.”
But is this true? We asked two experts to discuss the evidence for and against this statement.
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The least-skilled workers are the losers in globalisation
Concern over the employment consequences of globalisation is again driving political debate. Look no further than the United Kingdom’s exit from the European Union and the rise of protectionism in American and Australian politics to see the disenfranchisement of low-skill workers with the effects of international trade.
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Murray Goulburn increases profit despite turmoil
Dairy co-operative Murray Goulburn has increased net profit by 61.2 per cent, despite a turbulent year in which it retrospectively cut its farmgate milk price.
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US applies 522 per cent duty on China steel after dumping ruling
Australian standards should be good enough for exports to China: Blackmores boss
The Middle East open for exports
The Middle East offers huge potential for Australian exporters, particularly as we look to expand and diversify our export markets away from Asia. Andrew Watson writes.
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Manufacturing opportunities abound across Asia
The recent China FTA is very good news for certain manufacturers, while others might find better returns in other Asian countries. Alan Johnson reports.
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Business SA gets grant to help boost SME exports
Business South Australia has been awarded a federal grant to help SME businesses access export markets, particularly those with recently-signed free trade agreements with Australia.
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Bicycle manufacturing on rise as cars take back seat
Boutique manufacturers Astir Frames, Bouwmeester Composites and Finch Composites are taking advantage of South Australia’s strong manufacturing history and access to university testing facilities to gain a foothold in the potentially lucrative cycling market.
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Food and beverages shone as Tasmanian exports surged in 2015
Food and beverage led the way in a surge in overall exports from Tasmania last year.
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Asia’s Top Imports [INFOGRAPHIC]
The Chinese stock market may have sent jitters through the region after it commenced 2016 with a shaky start, but the bigger picture is that Asia remains one of the main growth drivers of the world economy.
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Indian PM reaffirms manufacturing goals at Hannover-style event
India’s prime minister Narendra Modi has opened a week-long event highlighting the goal of boosting manufacturing in the developing country.
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