Australia’s biggest surf-wear maker has been given a proposal of A$3 a share from TPG – valuing the company at A$ 765 million (Bloomberg). Although not certain at this time, the offer was subject to due diligence, exclusivity and the company not selling off assets or ownership in its other brands. The deal with TPG …
Australian manufacturing is moving to a clean energy future as $1 billion in funding will be provided to the industry to improve energy efficiency and reduce pollution. The Clean Technology Investment Programs, launched today, will provide grants to help
Toyota expects to have the most affordable hybrid car on the market when it launches the Prius c hatch late next month. The company’s executive director sales and marketing Matthew Callachor said Prius c will have an advantage in the “thousands of
In a release issued by Holden, the carmaker explained it is yet to sign off on a deal which could see workers receive an 18 per cent pay increase over the next three years. The Enterprise Bargaining Agreement (EBA) which covers engineering and manufacturing
Deputy Premier Andrew Fraser and Nepean Mining have announced plans to build a new manufacturing facility at the Port of Mackay. The construction of the $50 million manufacturing plant will further feed the mining industry in Australia with the creation of at
Latest figures have revealed that Australia’s manufacturing sector will continue to decline. The crisis will leave many families unemployed or working fewer hours. According to the Australian Manufacturing Workers Union, Narre Warren, Victoria hosts the
Victorian businesses have been encouraged to apply for a share of $9 million available through ‘HazWaste’, an initiative funded by the Victoria Coalition Government – aimed towards reducing the amount of hazardous waste going into landfill.