Seventy-six per cent of Australia’s manufacturing employers will give their staff a pay rise of up to three per cent in their next review, but seven per cent will not increase salaries at all, according
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Renewables light the way to success in manufacturing
In light of rising energy prices, questionable security and ever-changing policies, some manufacturers are turning to renewables to ensure reliable production, writes Stephanie Stefanovic.
As
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Australian global competitiveness lowest in 20 years
Australia’s global competitiveness ranking has dropped out of the top 20 for the first time in over 20 years, falling from 17 to 21 in the past year.
The 2017 edition of IMD’s World Competitiveness
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PMI: Australian manufacturing continues on growth streak
The Australian Performance of Manufacturing Index (PMI) has remained in expansionary territory for the eighth consecutive month in May. The pace of expansion has eased by 4.4 points to 54.8, however, indicating
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Finalists: Women in Industry 2017
Nominations for the 2017 Women in Industry Awards are in, and there are some fantastic candidates that have been put forward. All nominees have been reviewed and our panel of judges has narrowed down finalists
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Telstra’s power costs up $100m; company calls for price correction
Telstra has reportedly seen its power costs increase by $100 million in the past year, with a senior executive calling on Industry Minister Arthur Sinodinos for urgent action to address Australia’s
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Ansell sells condom business to Chinese buyers
Australian manufacturer Ansell has sold its condom business to a consortium of China’s Humanwell Healthcare and conglomerate CITIC, for $800 million.
The buyers will take on Ansell’s Sexual Wellness
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Electricity prices to increase $3b for NSW consumers
The Federal Court has handed down a decision that will increase electricity prices for NSW customers by around $3 billion.
According to environment and energy minister Josh Frydenberg, this reaffirms the
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Solar battery storage ‘vital for energy market’
With the right technology, homeowners and businesses with solar and battery storage systems have the potential to play a vital role in stabilising a grid with high renewable generation, according to Luke
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Climate sharing system could end Australia’s power crisis
A University of Adelaide (UoA) researcher is proposing Australia use a “climate sharing system” to help solve the current power crisis.
The architect of the system, Professor Mike Young, is Professor
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Australian manufacturers threatened not to work with Amazon
Australian manufacturers and distributors have reportedly been threatened to be dropped by retailers if they start trading through Amazon.
With Amazon’s Australian debut looming, there has been
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$14bn worth of budget measures in doubt
Indonesia plans to capitalise on Australia’s dying auto industry
Indonesian manufacturers are hoping to break into Australia’s car import industry.
“Australia barely has a car manufacturing industry,” Indonesia Automotive Industry Association chairman
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ECA supports Australia-Hong Kong Free Trade Agreement
The Export Council of Australia (ECA) has welcomed the launch of negotiations over the Australia-Hong Kong Free Trade Agreement (A-HKTFA).
Hong Kong is a crucial trade and investment partner for Australia,
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Foreign workers needed to support SA shipbuilding
The Naval Shipbuilding Plan has been released, outlining how the Australian government expects to deliver $89 billion worth of ships over the next few decades.
According to the report, there will need
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Australian companies warned about global cyber attack
Australians have been warned to update their virus software after a cyber attack has struck hospitals and companies around the world.
The attacks began on Friday last week, when users’ computers were
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Australia’s only sink manufacturer growing through automation
Tasman Sinkware has partnered with Australian company Ailytic to deliver improvements in its manufacturing efficiency with automation, artificial intelligence and the Industrial Internet of Things (IIoT).
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SA snubbed in Federal Budget, politicians claim
The Weatherill government and Nick Xenophon believe that South Australia was deliberately slighted in this year’s Federal Budget. The politicians have suggested the Liberal Party purposefully excluded
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Manufacturing to receive $100M in federal budget
The federal budget will include a $100 million fund for manufacturers to diversify and expand their businesses, in the wake of the death of Australian car manufacturing.
Primarily, the money is aimed at
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Rising wholesale electricity prices will threaten NSW businesses
From July this year, there will be a significant increase in wholesale electricity prices for NSW. This has sparked fears that the cost of doing business in the state will be so high that manufacturers
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