A Westpac-Australian Chamber of Commerce and Industry survey has identified positive signs in manufacturing, assisted by the Australian dollar’s decline and low interest rates.
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Obama confident TPP will be secured this year
US President Barack Obama believes the Pacific Trade deal can be finalised this year, despite continued disagreements among prospective members.
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Vitaco lists, prepares to open China office
Nutritional supplements company Vitaco debuted on the ASX yesterday, and has predicted the surging demand from China for its products will continue.
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Our brilliant emigrants: still an asset back home
There are countless examples of Australians leaving the country and achieving spectacularly overseas. Is it right to consider this a brain drain? Brent Balinski collected some perspectives.
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Parliament to vote on China FTA today
Prime Minister Tony Abbott will move a motion in the House of Representatives today asking for support of the free trade agreement with China.
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PWR considering ASX listing
PWR, the Queensland-based designer and manufacturer of cooling systems used by car racing teams, is considering an ASX listing later this year.
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Pacific Brands announces improved result, says 2015 a turnaround
Pacific Brands has achieved an improved result for the financial year, in which it focussed its business by selling off over $200 million in assets.
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Bluescope announces profit, warns 1/4 billion in cost cuts needed
BlueScope has swung back into profit, but has warned significant costs needed to be cut across its Australian and New Zealand operations.
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Indian Automotive Technology Mission visits Melbourne and Sydney
Delegates from India’s automotive sector are visiting Melbourne and Sydney this week as part of Austrade’s Innovation Showcase.
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Bradken posts full year loss
Australian mining services group Bradken has reported a full year loss of $241.3 million and will not pay a dividend to shareholders.
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Berkshire Hathaway to acquire aerospace manufacturer for $US 37 bn
Warren Buffet’s Berkshire Hathaway has agreed to purchase aerospace manufacturer Precision Components Corp for $US 37.2 billion, its biggest acquisition ever.
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Ansell profits up $30 million, warns of currency movements in coming year
Gloves and condom maker Ansell reported a jump in full-year profits this morning, announcing a net profit of $US 187.5 million for the 2015 financial year.
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Orica downgrades profit, highlights tough conditions
Orica has written down its asset values by up to $1.65 billion, and the explosives maker has signalled that further cuts may be necessary due to tough conditions.
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Access to finance a challenge for Australian exporters – survey
The latest Australian International Business Survey continues to highlight the financing constraints faced by Australia’s internationally-active businesses.
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Aus manufacturing made a comeback in July
Australia’s manufacturing sector made an impressive comeback to expansion in July, according to a key index.
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Abbott accuses Labor of ‘xenophobic short-term politics’
Prime Minister Tony Abbott has attacked the Labor party for playing "xenophobic short-term politics" over the free trade agreement with China.
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Unions rally against China-Australia FTA
Over 2,000 union workers held a rally against the China-Australia Free Trade Agreement (FTA) in Brisbane yesterday.
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Innovation key to Queensland manufacturing jobs
The Senate Economics Reference Committee will today hear how innovation holds the key to the future of Manufacturing and a great number of jobs, in a presentation by medical device manufacturer Cook Medical Australia.
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International interest in Australian bricklaying robot
Enquiries have come from as far away as Saudi Arabia following an investor roadshow for the Perth-born bricklaying robot company Fastbrick Robotics.
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Holden announces second-worst annual result
General Motors Holden sold 106,092 vehicles and was the second-most popular car brand in the country, but made a loss of $361 million last year.
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