A poll of Australian manufacturing companies suggests that ‘business excellence’, a term which had become devalued prior to the economic downturn, is now a compelling issue for many organisations.
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Manufacturing made love, not war in the 1960s
PROBABLY better known as the 'make love not war decade', the 1960s were in fact the peak decade for Australia's manufacturing industry. Alan Johnson reports.
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Manufacturing in the 1970s: recession and recovery
By the 1970s the world economic environment had changed dramatically. The 'stagflation' of the Australian economy reflected the greater world recession, triggered by oil price rises in 1973-74. Alan Johnson writes.
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EFIC provides support for Viocorp contract in Malaysia
Export Finance and Insurance Corporation (EFIC) is supporting Sydney-based Viocorp International Pty Ltd (Viocorp) with an export working capital guarantee to help the company deliver on its largest project and its first overseas win, a sub-contract in Malaysia.
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Debtor financing – a valuable alternative
A recent report by the Institute for Factors and Discounters (IFD) found that businesses operating in the wholesale and manufacturing sectors had the strongest uptake of debtor finance in 2009.
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Extra funding helps food manufacturer increase exports
Export Finance and Insurance Corporation (EFIC), the Australian government’s export credit agency, is helping South Australia’s South State Food & Beverage to access additional working capital for new export opportunities in China and Taiwan.
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Employer hiring optimism continues to improve in Australia
Overall employment optimism across the country continues to gain ground in Australia, providing job seekers with much greater prospects this quarter than this time last year, according to the results of Manpower’s latest Employment Outlook Survey.
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Extra funds help footwear manufacturer expand worldwide
EFIC is helping Victorian manufacturer Footcare International to access additional funds to expand its overseas sales of insoles, foot comfort products and shoe laces.
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Australia set up for a strong growth period
The Australian economy is on the threshold of a major cyclical upswing, says leading economic forecaster and industry analyst, BIS Shrapnel.
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EFIC announces third annual Global Readiness index
Export Finance and Insurance Corporation has announced its third annual Global Readiness index (GRi) will be conducted in March this year.
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EFIC supports McConnell Dowell’s involvement in PNG LNG project
Export Finance and Insurance Corporation (EFIC) has provided performance bonds to support the participation of McConnell Dowell in two contracts, together worth over $US500 million.
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Papua New Guinea LNG project gains EFIC support
The Australian government's Export Finance and Insurance Corporation (EFIC) is now officially loaning $US500 million to the ExxonMobil led LNG project in Papua New Guinea.
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Supply chain risks remain
Supply chain risks remain prominent for Australian firms despite evidence that a global economic recovery is underway.
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Grounds for optimism in 2010
While further weakness is expected, there are also some encouraging signs indicating a better year ahead for Australian manufacturing in 2010.
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Award modernisation decision meets employers’ concerns
Heather Ridout, Chief Executive Australian Industry Group, says last week's Stage 4 award modernisation decision by the full bench addresses most employer concerns.
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Australian aviation expands overseas
Sydney-based Aircraft Support Industries (ASI) is set to construct two aircraft maintenance hangars, together worth over US$80 million.
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Reputation vital for successful exporters
SME exporters say word-of-mouth referrals, long term relationship building and proven reputation are among the keys to their expansion.
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EFIC signs reciprocal reinsurance agreements with French and US counterparts
Export Finance and Insurance Corporation, Australia's export credit agency, has entered into reciprocal reinsurance agreements with its French and US counterparts, COFACE and US Ex-Im Bank.
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Raising capital today
AFTER a lengthy period of relative stability, the economic turmoil we have seen over the past 12 to 18 months has certainly shocked many seasoned business people, economists and investors.
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EFIC supports Austal with a major exporting contract
The Export Finance and Insurance Corporation (EFIC) has helped Austal win an $74.7 million contract to provide four high-speed passenger catamaran ferries to the Republic of Trinidad and Tobago.
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