australian dollar
News
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GM to close Holden factories
Holden will cease manufacturing in Australia in 2017.
December 11, 2013 0 comment
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Manufacturers continue to be upbeat
In spite of our volatile dollar, this year’s Endeavour Awards Manufacturer of the Year and major exporter, ANCA, remains positive. Alan Johnson reports.
November 29, 2013 0 comment
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Industry minister talks to Manufacturers’ Monthly
Alan Johnson questioned manufacturing’s new industry minister, Ian MacFarlane, on the major issues facing industry going into 2014.
November 29, 2013 0 comment
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Furniture makers should compete on quality design, not cost
Furniture brand One/Third was established last year and has aimed to put design at the front of what it does.
November 22, 2013 0 comment
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Dollar up on US data, Fed chair nominee’s comments
The Australian dollar was up this morning to 93.79 US cents at 7 am, following a drop of 0.1 per cent in industrial output in the US.
November 18, 2013 0 comment
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Australian dollar too high, likely to fall: RBA boss
The Australian dollar has weakened following comments by the Reserve Bank of Australia’s governor Glenn Stevens that it was overvalued and likely to fall with commodity prices.
October 30, 2013 0 comment
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Government should promote local purchases: SPC Ardmona
Peter Kelly, the managing director of SPC Ardmona, has said that the federal and Victorian governments should be supporting local food processors and farmers by encouraging public institutions to source locally-made food.
October 8, 2013 0 comment
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Government has responsibility to protect SPC jobs: AMWU
The AMWU has claimed that the federal and Victorian governments now have “prime responsibility” to safeguard SPC Ardmona jobs after the Productivity Commission ruled out a temporary tariff to counter cheap imports.
October 4, 2013 0 comment
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Made in Australia: A look at three successful exporters
Brent Balinski speaks to three very different Australian manufacturers about how, despite the strong dollar, they’ve remained globally competitive.
August 23, 2013 0 comment
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BlueScope shrinks yearly loss to $84.1 million
BlueScope Steel has announced this morning that it has shrunk its annual loss from $1.04 billion to $84.1 million, with a return to profit expected this financial year.
August 19, 2013 0 comment
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Austicks to cease manufacturing, will sack 50 workers
Gladstone’s Austicks will cease production and import its product from France, shedding 50 jobs.
August 7, 2013 0 comment
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Lower dollar proving good news for manufacturers
The drop in the Australian dollar and the fact that it seems to have found a new level of around 90 US cents has been welcome news for manufacturers.
July 24, 2013 0 comment
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FactCheck: is Australia losing one manufacturing job every 19 minutes
“Under this [Labor] government we’ve seen one manufacturing job lost every 19 minutes.” – Opposition industry spokeswoman Sophie Mirabella, Q&A, 1 July.
July 16, 2013 0 comment
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SA manufacturing minister: Holden leaving before 2014 “not some idle threat”
South Australia’s manufacturing minister Tom Kenyon has said he has genuine concerns for GM Holden’s future in Australia, as the car maker pushes for further funding to secure an upgrade of its Elizabeth plant.
July 10, 2013 0 comment
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Global manufacturing continues growth
According to the global Purchasing Managers’ Index (PMI) from JP Morgan and Markit Economics, global manufacturing has grown for the past six months.
July 9, 2013 0 comment
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Regional businesses welcome weakened Australian dollar
The recent drop in the Australian dollar has brought some relief to trade-exposed regional manufacturers.
July 5, 2013 0 comment
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Penrice Soda yet to pay carbon tax bill
Australia’s only soda ash manufacturer, Penrice Soda, ceased production at the end of June, and has an outstanding carbon tax bill of $1.9 million.
July 4, 2013 0 comment
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Australia lacked scale, was too expensive: Ford exec
Joe Hinrichs, executive vice president and president of The Americas at Ford, has given an explanation of why the company decided to end its Australian operations, citing isolation and high costs.
July 3, 2013 0 comment
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“Everything on the table” as Holden fights to survive
General Motors Holden’s managing director Mike Devereux has highlighted the unique set of difficulties facing Australian car-makers and said the company is “laser-focussed” on making savings as it attempts to remain viable.
June 24, 2013 0 comment
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Car industry’s future hard to know: components maker
The future of the shrinking automotive manufacturing sector in Australia is hard to predict and redundant workers may find it difficult to gain employment elsewhere, according to Japanese company Hirotec.
June 18, 2013 0 comment