Steps to increase trade with Iran have been taken this week, with a delegation including 20 senior businesspeople visiting Tehran, Austrade reopening its office, and an MoU signed to try and overcome remaining financing difficulties for companies.
LaserBond has secured a contract to provide technology services for a Chinese minerals processing equipment manufacturer.
Tasmania’s forestry industry is smaller and more specialised than it has been previously, but is currently thriving, according to the boss of Neville-Smith Forestry Products.
The two-day Group of 20 leaders’ summit has agreed to the creation of a “steel forum”, which would monitor China’s pledge to cutting its steel output, though the issue remains economically sensitive within Australia.
Australian manufacturers are facing ever-escalating prices for gas. In 2016, local spot gas prices have gone from being substantially less than those in Japan to being substantially more. Spot prices will put pressure on contract prices.
Laundry products maker Pental has said it hopes to capitalise on the Chinese demand for Australian dairy products after recently delivering its first shipment of goat’s milk soap.
The NSW and Victorian governments are considering action – including dropping current moratoriums on exploration – to deal with the east coast gas shortage.
The lower Australian dollar since 2013 has helped Australian businesses and the rebalancing of the economy, with US 75 cents a “sweet spot”, though more needs to be done to lift competitiveness, according to a new survey by the Australian Industry Group. The Ai Group’s 248-company CEO survey, Business Responses to the Australian Dollar, found … Continue reading Dollar helping but competitiveness lift needed: report
Australian industrial customers have seen gas prices nearly double and these are expecting to worsen, with the possibility of shortages, while the commodity is being exported at cheap prices to Asian customers.
Dr Samih Nabulsi became the new General Manager of Cook Medical Australia earlier this year. Brent Balinski spoke to him about Cook’s approach to innovation, and how Nabulsi’s R&D background will inform his leadership.
The future is promising for manufacturing exports, with economic conditions offering excellent opportunities for manufacturers. A number of recent developments have created these favourable conditions.
South-east Queensland has emerged as an area of surprising manufacturing strength, with one local CEO suggesting that the benefits of clustering could be encouraged through zoning cheap land.
Unlike our previous election, in fact unlike our past three federal elections, in the US, both candidates for president are vowing to revitalise and resurrect the U.S. manufacturing industry. In fact, Donald Trump says he will “reclaim millions of American jobs” while Hillary Clinton is pushing a “make it in America” strategy. “While too many … Continue reading OPINION: Unlike in Australia, US elections are all about manufacturing
Pasternack has released a new line of waveguide bends from 5.85 to 90 GHz across 12 frequency bands, from C band to W band. These waveguide bends are commonly used in applications such as instrumentation, test benches, high efficiency RF, microwave and mm-wave transmissions, SATCOM, MILCOM, radar and telecom. These 90 degree waveguide bends are … Continue reading New waveguide bends across 12 frequency bands
The business founded by young engineer, STEM evangelist and entrepreneur Marita Cheng has just begun shipping its new product, Teleport. Brent Balinski spoke to Cheng about getting robots into our homes.
Tested in demanding NASCAR and Touring Car racing environments, an Australian brake rotor innovation is ready for the market, according to the company behind it. Brent Balinski spoke to OzBrakes’ Colin Lagoon about the road ahead.
Recent figures show that more Australian businesses are exporting, assisted by the lower dollar. However, there’s a lot to consider before considering any new market, as Christelle Damiens, founder of Exportia, told Brent Balinski.
Surveying democratic election results around the world, it’s clear the high water mark for globalisation has been met. Free trade, always questionable economics, is no longer good politics and in many ways has jumped the shark.
At the recent 49th Annual Australian Institute of Food Science and Technology (AIFST) Convention in Brisbane, most leading Australian food and agribusiness industry experts agreed that while innovation is the key to ensuring a viable future for the food and agribusiness industry, the concern around foreign investment is impacting markets and hindering the collaboration. The … Continue reading Drop the ‘xenophobic’ attitude to trade says AIFST
An economic analysis on ABS export figures released this week shows nearly 300 new manufacturers begin exporting during 2014 – 2015, and lower exchange rates appear to be helping overall.