Two Sydney-based entrepreneurs are harvesting and selling air from Australian locations and are targeting the Chinese export market. Fairfax and others report that Green & Clean began selling the cans, available for $18.80 each, as a novelty item for tourists. Exports have begun, with Chinese personal shoppers also buying cans here and sending these back … Continue reading Australian business packages, exports air to China
Bosch inaugurated its new $40 million Australian headquarters and technology centre last night and announced it would invest another $6.2 million to strengthen its diode production. The wholly-owned local subsidiary of the German engineering giant was established in Australia in 1954 and described the facility as evidence of its long-term commitment to the region. Around … Continue reading Bosch inaugurates new $40 million Victorian site
An OECD steel committee meeting, attended by assistant science minister Karen Andrews and including 30 of the world’s biggest steelmaking nations, has heard advice that the current glut be addressed promptly. According to OECD figures, global capacity was 2.37 billion tonnes of steel in 2015, but only 67.5 per cent of this was being used. … Continue reading China blamed as OECD steel overcapacity discussions continue
A jump in Chinese steel production is unlikely to last, according to analysts, following a surge last month. Business Insider and others note that crude steel production in China was 70.65 million tonnes in March (up three per cent compared to March last year). Steel exports were up 23 per cent in March, 23 per … Continue reading China steel rally predicted to sag
Recent estimates show that most members of the Trans-Pacific Partnership will make substantial gains, unlike those who opt not to participate. US annual real income is expected to increase by 0.5% of GDP while annual exports will increase by 9.1%. Exports of Japan, Vietnam and Malaysia are expected to increase by 23.2%, 30.1% and 20.1% respectively. … Continue reading Why China could never sign on to the Trans-Pacific Partnership
India’s finance minister has said Australian investment would be helpful in realising the goal of India as a low-cost manufacturing hub.
WHEN the starter climbs the platform for the world’s richest horse race in Dubai on Saturday night, what happens next will be in the hands of a small company more than 10,000km away.
Iron ore exports to China are predicted to slip, and food, gas and coal exports to increase their share of two-way trade with China, according to a new report by Reserve Bank of Australia economists.
Trade is a key driver of jobs, innovation and long-term prosperity for Australia. Increasing trade and investment is absolutely crucial to unlocking Australia’s future economic growth.
Ormeau-based motorsports specialist PWR Performance Products is currently working on opportunities through areas including electric vehicles and home energy storage batteries.
The CEO of joint venture Interflour has said that West Australia’s business leaders need to make more of the opportunities in south-east Asia, a region which he believes could outstrip China as a manufacturing hub.
According to the CEO of Brickworks, it is two times cheaper to send a brick to Sydney from Spain than from Perth.
Alkane Resources has revealed it is in talks with major aerospace firms about supplying a crucial rare earth element used in jet engine manufacture.
The Middle East offers huge potential for Australian exporters, particularly as we look to expand and diversify our export markets away from Asia. Andrew Watson writes.
Organic milk formula company Bellamy’s Australia is seeing massive revenue growth and is on its way to become a global business.
The recent China FTA is very good news for certain manufacturers, while others might find better returns in other Asian countries. Alan Johnson reports.
A winning German bid to build the next fleet of Australian submarines would help Australian companies access global supply chains, according to Siemens.
Global biotherapies company CSL has officially announced the first export of the intravenous immunoglobin product Privigen from the new Broadmeadows factory.
Most of us are all too aware that production chains are becoming more globally integrated. More and more businesses and research organisations now contribute smaller slices to larger audiences of consumers.
There’s cautious optimism around that manufacturing’s fortunes have changed. Brent Balinski spoke to Jens Goennemann and Andrew Stevens of the Advanced Manufacturing Growth Centre about building on successes and – hopefully – changing the national psyche around the industry.