Not too long ago, when Western CEOs pondered China’s fast-growing market and billion-plus potential customers, their eyes would fill with dollar signs. But these days, thoughts of China are more likely to elicit serious soul-searching, as some of the companies that eagerly dove into China have withdrawn.
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Success story Zip Industries plans ASX listing in 2017
Water delivery system maker Zip Industries, majority-owned by Quadrant Private Equity, is considering an ASX float worth $500 million.
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Trade minister leads delegation to Iran
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.
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Laserbond wins Chinese technology contract
LaserBond has secured a contract to provide technology services for a Chinese minerals processing equipment manufacturer.
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Forestry industry in Tasmania resurgent
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.
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G20 summit agrees to forum monitoring China’s pledge to cut steel oversupply
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.
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Gas prices and global competition
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.
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Pental hoping Chinese dairy demand extends to goat’s milk soap
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.
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Environmental activists, VIC/NSW governments to square off over gas
The NSW and Victorian governments are considering action – including dropping current moratoriums on exploration – to deal with the east coast gas shortage.
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Dollar helping but competitiveness lift needed: report
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
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Australian gas cheap for export customers, expensive for local manufacturers
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.
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New Cook Medical Australia boss to continue growing focus on R&D
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.
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Manufacturers demonstrate why more SMEs are looking abroad in the coming year
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.
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Brisbane high-tech manufacturers want clustering, collaboration encouraged
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.
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OPINION: Unlike in Australia, US elections are all about manufacturing
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,
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New waveguide bends across 12 frequency bands
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,
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Australian inventor wants to help you be in two places at once
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.
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Echuca brake brothers bringing Aussie invention to market
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.
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Do your homework before chasing export sales
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.
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Three reasons free trade has become a political football
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.
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