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.
Australia gained a so-called seat at the table in April to be a part of the conversation on the next industrial revolution. Brent Balinski spoke to the AMGC’s managing director Jens Goennemann about where to next, and why it’s crucial to be involved.
Imported Toyota HiLux sales have led the way for Toyota Australia, which managed an increase of 22 per cent in net profit after tax for the year ending March 31.
Argon has introduced its 21.3-inch rugged display, designed for command and control applications where maximum viewable surface area is needed in the smallest mounting possible. The ARD21 has a small bezel size, flexible mounting configurations, configurable I/O and universal AC/DC power supply. This makes it a suitable solution for mission critical applications. The product’s display … Continue reading New rugged display
The use of very large lithium-ion battery packs has become increasingly common, much more so than it was ten years ago. For example, on ships where there were once no such batteries, there are now lithium-ion banks of 1-5MWh. Autonomous underwater vehicles, mining trucks and buses are also now sporting batteries of up to 350kWh. … Continue reading Growing use of very large lithium-ion batteries
Much is written about the benefits of technology transfers, but very little on ‘how-to’. Alan Johnson highlights some options. Most Australian manufacturers incorporate a high level of technology into the products they produce, plus in the processes they use to produce these products. And like it or not, this trend is only going to increase … Continue reading Getting new smarts
Former World Bank president and top US diplomat Robert Zoellick is warning Australia’s business leaders not to “bet the house” when it comes to China. Zoellick said he first sensed complacency about China from Australia’s business leaders when he was here last year to celebrate 10 years of the US-Australia trade agreement, a deal he himself … Continue reading Don’t bet the house (or much else) on China warns US diplomat
Any new technology is bound to have its share of challenges and barriers — for example the initial security concerns around cloud computing — and the Internet of Things (IoT) is no different. With smart devices adding billions of new access points into enterprise systems and communicating with the network, IoT security will be key. A number … Continue reading IoT and security: Hype, hysteria or cause for concern?
Manny Stuhl, co-owner of Australian toy manufacturer Moose Toys, has won a prestigious global award for entrepreneurship. Toy News and others report that Stuhl, the executive chairman of Moose – which he runs with his wife and stepson – beat an international field of 55 to win the Ernst and Young World Entrepreneur of the … Continue reading Boss of Australian toy manufacturer wins global entrepreneur award
If you’ve ever wondered what it’s like to export to 48 countries around the world, Frosty Boy CEO Dirk Pretorius will tell you that it takes diligence, thorough research and automation of business practices to achieve this feat. “The team at Frosty Boy has worked really hard to get where we are today. Through research … Continue reading Food manufacturer keeps local workers competitive
KordaMentha Restructuring has said it welcomes the South Australian Government’s $50 million contribution to help secure the future of Arrium’s OneWhyalla business. Administrator Mark Mentha said the decision will go a long way towards assisting the town’s steelworks and mining operations. “It’s a great response to what has been an unbelievably strong display of unity … Continue reading Administrators welcomes SA Government investment in Whyalla, but wants more
Success isn’t about just making things for a domestic market. Brent Balinski spoke to Michael Grogan, who recently finished up as CEO of Sutton Tools, about going global, and why the industry’s future is a bright one.
Can Australia still make steel? Brent Balinski spoke to metals expert Professor Geoff Brooks from Swinburne University about the industry’s difficulties, where it can excel, and the competition it faces. Australia’s last two major steelmaking sites have had to fight for their lives in the last year, and it is safe to say the local steel … Continue reading Little future in Australia focussing on garden variety steel
Our manufacturing sector is misunderstood, according to the Australian Advanced Manufacturing Council. Brent Balinski asked the group’s chairman John Pollaers about why this is, and why it matters. This week is, among other things, National Manufacturing Week: as good a time as ever to consider the public’s opinion of the industry. The Australian Advanced Manufacturing … Continue reading Addressing manufacturing’s image problem
The food and agricultural sectors have filled 11 positions in a list of the nation’s top 20 industries by growth in exports over the five years through 2015-16. IBISWorld compiled the list against the backdrop of Australia’s recently-signed free trade agreements. According to IBISWorld, the top 20 exporting industries by growth in merchandise exports, excluding … Continue reading Food sector prominent in latest export growth figures
Adelaide company Hegs Australia is preparing to increase capacity as well as send a shipment of its product to China. The Advertiser reports that Hegs, which makes an Australian-designed variety of clothes peg, currently makes around 80,000 individual pegs a day. This month it is doubling capacity, and currently has its product made at six … Continue reading Export market grows for SA’s Hegs
Australian businesses are set to benefit as the Export Council of Australia (ECA) launches an unprecedented international trade skills development program and the latest Australian Export Handbook (21st Edition), Australia’s only authoritative reference on international trade. Backing the country’s aggressive trade agenda, the case for trade development in Australia has never been stronger. The ECA … Continue reading Offshore trading requires skills development to succeed
The opposition will today announce a national interest test policy for new gas projects or expansions, claiming that Australia is the only developed nation on earth that allows exporters dictate the terms of LNG production and sale. The Australian Financial Review reportsthat shadow treasurer Chris Bowen will announce the policy during a visit to an … Continue reading Labor to announce national interest test for gas developments
Chinese steel production has surged in response to a jump in prices, but capacity levels are concerning and some are tipping a correction soon. Bloomberg reports that output for April was up 0.5 per cent compared to last year, reaching 69.42 million metric tons, according to National Bureau of Statistics. Averaged out by production day, … Continue reading Chinese steel production surges on price jump