Monday, May 27, 2024

Victoria leading in Australia’s economic growth, says ABS

Victoria’s State Final Demand has seen a 6.5 per cent expansion over the past year, confirming that the state has recorded the strongest economic...

Anteris Technologies to help develop new heart valve repair solution

Australian biotech company Anteris Technologies has collaborated with v2vmedtech to develop a new heart valve repair device designed for minimally invasive treatment of mitral and tricuspid valve regurgitation. 

Australian industry slips further into contraction over fall in new orders

The Ai Group Australian Industry Index slumped further in March as the industry sees a fall in demand, while the manufacturing sector rebounded led by improvements in the chemicals and food & beverage sectors. 

ClearVue Technologies appoints Martin Deil as CEO

Smart building materials company ClearVue Technologies has tapped Martin Deil as its Chief Executive Officer as the company looks to expand its global footprint with a focus on the US and European markets.

Australian manufacturing PMI drops further in October – Judo Bank

Australia’s manufacturing sector saw further contractions in October after the rate of new orders dropped amid worsening demand conditions, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank. 

Quickstep teams up with ST Engineering to serve Australasian nacelle market

Quickstep, a leading aerospace composite business in Australia, has partnered with ST Engineering’s Commercial Aerospace business to deliver nacelle maintenance, repair, and overhaul (MRO) across the complete range of Boeing and Airbus commercial aircraft in the Australasian market. 

Bega Cheese sees 11% increase in revenue for FY2023’s first half

Bega Cheese Limited generated a revenue of more than $1.6 billion in the first half of fiscal year 2023, which ended on 25 December 2022. The figure marks an 11 per cent increase compared to the prior year’s results. 

EMVision bags $1.75m manufacturing grant payment

Brain imaging company EMVision Medical Devices Limited has received a cash progress payment of $1,750,000 under its Modern Manufacturing Initiative (MMI) grant award.

Australian manufacturing sees further decline in June— Ai Group

Australia’s manufacturing industry slipped further into contraction territory in June, led down by the chemicals industry, according to the latest survey from the Ai Group. 

Dronamics taps Quickstep for manufacturing, delivery of Black Swan drones

Quickstep Holdings’ Aerostructures business has secured a contract to manufacture and deliver Black Swan unmanned cargo aircraft for Europe-based cargo drone airline Dronamics. 

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A business-led approach to maximising your SAP investment

Manufacturers are responding to the low-growth environment by focusing on digitisation, ESG and portfolio reshaping, transforming into more digital, resilient, and sustainable organisations.