Caravan and donga maker Fleetwood saw an 18 per cent decrease in its first-half profit, despite a strong jump in revenue.
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Pac Brands to lift prices after first half $219 million loss
Pacific Brands has said that it expects difficult conditions to continue following a first-half after-tax loss of $219 million.
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Impact of Toyota closure ‘not material’: BlueScope
BlueScope Steel has said it expects the flow-on impact of Toyota’s exit from Australian manufacturing to be minimal.
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Bradken sees slump in earnings
Bradken has reported a fall in its earnings as the slowdown in the mining sector bites into sales, forcing it to cut jobs.
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Jetpack manufacturer to launch pre-IPO in Sydney [Video included]
Martin Aircraft Company, which has developed the world’s first practical and commercial jetpack, will launch its pre-IPO capital raising in Sydney.
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Demand from aerospace, medical, drives Arcam’s shares up
Arcam’s shares are up 530 per cent in the space of a year as interest in the company’s EBM metal additive manufacturing technology grows.
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KPMG says R&D tax changes not worth the small saving
The federal government’s attempt to remove R&D tax concessions for companies with over $20 billion annual revenues has been criticised.
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Gladstone Steel project rescue group to pay administrators
The Gladstone Steel Project is a step closer to being resurrected.
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Manufacturing is the “foundation of all economic development”: Ford chief
Alan Mulally, the global CEO and president of Ford, has commented on the importance of manufacturing to a country’s economic development.
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Consultants’ report says manufacturers more likely to go over ERP budgets
Research from Panorama Consulting has found manufacturers appear more likely to exceed their enterprise resource planning rollout budgets than others.
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GM to pay first dividends in six years
General Motors will pay its first dividend to shareholders since June 2008.
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Clock ticking for group hoping to save Gladstone Steel Project
The group trying to rescue the Gladstone Steel Project near Mount Larson in Queensland has until 3 pm on Friday to find an extra $30,000 and lodge papers.
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SA adviser suggests “mini-World Bank” to support state’s R&D
The wrong response to Holden’s factory closures in 2017 could tip South Australia into recession, warned the state’s top economic adviser.
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Alcoa 2012 bailout made to buy time for former government: Kennett
Former Victorian premier Jeff Kennett has said the former federal government’s 2012 cash injection to attempt to save the Alcoa Point Henry smelter was merely about trying to “save face”.
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From manufacturing’s ashes a creative economy could rise
General Motors Holden’s decision to pull the pin on its Melbourne manufacturing plant spurred renewed
debate around government-subsidised industry sectors.
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Dollar, trade deficit decrease
Australia’s trade deficit shrunk for the fourth straight month, according to the Australian Bureau of Statistics, with the dollar down slightly.
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My 5 predictions for manufacturing in Australia in 2014
A New Year has begun and most economists and media are providing their forecasts for 2014.
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Manufacturing sector contracted in December
According to the Australian Industry Group’s Performance of Manufacturing Index, the sector finished 2013 in contraction, consistent with most of the year.
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Abbott announces $100 m for Holden workers, puts competitiveness on agenda
Prime minister Tony Abbott has announced strategic reviews of the South Australian and Victorian economies.
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Holden decision unavoidable, made only yesterday: Devereux
Holden has blamed today’s decision to leave Australia in 2017 on a “perfect storm” of conditions facing the manufacturing industry.
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