The AMWU has said that free trade talks reportedly underway in Washington between Australia and 11 other countries should be handled with caution.
Read More
iMS Group and Colorite enter partnership
The iMS Group of Companies and Colorite Group have announced a partnership.
Read More
Read More
Austal sees big profit jump for financial year
Ship maker Austal has posted a net profit of nearly $36 million for the year 2012/2013, with efficiencies and improved margins credited for the strong result.
Read More
Read More
Ballarat hurt by manufacturing job losses
Ballarat and its surrounds have suffered a loss of industrial activity recently, as tough economic conditions force companies to cut staff or reduce their hours.
Read More
Read More
Outsourcing to China “nail in the coffin” for state’s last textile maker
Botany-based Standard Universal Group, a fabric manufacturer, will shut its premises this week.
Read More
Read More
China flash PMI shows slight growth
HSBC’s flash China PMI has recorded a result of 50.1, indicating an expansion in its manufacturing sector.
Read More
Read More
Boral posts $212 million loss, flags cost cuts
Boral has posted a $212 million loss for a year in which it made 800 redundancies, and has suggested further cuts would be necessary.
Read More
Read More
Hills Holdings yearly result dragged down by restructuring costs
Hills Holdings has managed a $19 million underlying profit, though reported a loss of $94 million for the last financial year, due to expensive restructuring costs.
Read More
Read More
BlueScope shrinks yearly loss to $84.1 million
BlueScope Steel has announced this morning that it has shrunk its annual loss from $1.04 billion to $84.1 million, with a return to profit expected this financial year.
Read More
Read More
Tax cuts in NT no good for Victorian businesses: VECCI
The Victorian Employers’ Chamber of Commerce and Industry has spoken out against the federal government’s proposal to create a Special Economic Zone in the Northern Territory, saying this would be good for the NT but bad for everybody else.
Read More
Read More
Homeware company Sleepmaster in receivership
Sleepmaster, a manufacturer of products including quilts, pillows and beds, has been placed in receivership.
Read More
Read More
New Siemens CEO ‘had no role’ in removing old boss
Joe Kaeser, the new CEO of German industrial giant Siemens, has said he played no part in ousting Peter Loescher, contradicting reports that the two were on poor terms.
Read More
Read More
Holden’s fate to be decided next week: AMWU
GM Holden is asking 1,700 staff to take a two-year pay freeze to help the company save $15 million a year and remain viable.
Read More
Read More
Official China PMI expected to show manufacturing shrunk in July
The official China PMI, due out on Thursday, is predicted to show the country’s manufacturing sector contracted for the first time in ten months.
Read More
Read More
Tapware maker Methven buys its Chinese supplier
New Zealand tapware manufacturer Methven has announced that it will buy Chinese company Invention Sanitary for as much as $US 10 million.
Read More
Read More
Industry to rebound as resources boom disappears
A report by think tank the Grattan Institute suggests that the country’s manufacturing sector has performed with resilience through the mining boom and will grow as investment in resources - worth $400 billion in the last decade - tapers off.
Read More
Read More
How we learnt to stop worrying and love the boom
The biggest mining boom in Australian history since the gold rush of the 1850s is about to change shape. The investment phase of the boom, which has seen A$400 billion invested in the last decade, is tapering off.
Read More
Read More
Gladstone Steel Project on hold as administrators appointed at Boulder Steel
The proposed Gladstone Steel Project, claimed to be worth $4 billion by the company behind it, will not go ahead as Boulder Steel goes into voluntary administration.
Read More
Read More
Billabong gets refinancing deal, new CEO
The shares of clothing maker Billabong were up sharply yesterday in response to a debt refinancing deal.
Read More
Read More
Byron Bay Cookie Company sold to Rinoldi Group
Byron Bay Cookie Company, which entered voluntary administration in March, has been sold to the Rinoldi Group.
Read More
Read More