Saturday, March 7, 2026

CSR Limited improves NPAT by 17% with strong business performance, manufacturing productivity

CSR Limited, a major Australian industrial company, has reported a net profit after tax (NPAT) of $225 million for the fiscal year ended 31 March 2023, up 17 per cent from $193 million the previous year. 

Sparc Technologies secures nearly $1 million in R&D tax refund

Australian graphene production company Sparc Technologies has received a $934,195 research and development tax refund as part of the Australian government’s R&D tax incentive, relating to the 2022 financial year. 

PPK Group’s material interest acquisition with PowerPlus Energy now unconditional

Technology investor PPK Group Limited said its agreement to purchase a 33 per cent interest in Victoria-based storage battery manufacturer PowerPlus Energy is now unconditional. 

Global manufacturing performance sees four-year peak – JP Morgan

The global manufacturing sector has seen its strongest performance since June 2022, pushed by higher rates in output and new orders.

US private sector’s output drives fastest uptick in business activity in a year

The United States private sector saw a renewed expansion in business activity in March as manufacturers and service providers in the country reported upturns in output, with service sector firms driving the increase. 

Eurozone manufacturing remains ‘in troubled waters’ in March— S&P Global

The health of the Eurozone’s manufacturing industry reached a four-month low in March with the S&P Global Eurozone Manufacturing PMI reporting a 47.3 rating, down from February’s 48.5. 

Australian job vacancies ease in February but remain high historically

Australia's job vacancies dropped in the three months leading up to February, the third consecutive quarter of decline, but figures remain significantly higher than levels prior to the pandemic, indicating a competitive labour market, according to the latest Australian Bureau of Statistics (ABS) data.

Schaffer posts $5m NPAT in FY23 half-year results

Automotive leather manufacturing company Schaffer Corporation Limited has reported 1H23 statutory net profit after tax (NPAT) of $5.1 million, reflecting a difficult first half for the Automotive Leather Division.

XTEK ships HighCom Armor equipment to US agency

XTEK Limited’s HighCom Armor Solutions has completed the manufacturing and delivery of more than 20,000 individual items for specialist ballistic protection equipment for a US federal government agency. 

New Zealand manufacturing shows growth in August— survey

New Zealand’s manufacturing industry has seen yet another expansion for the month of August, according to the BusinessNZ Performance Manufacturing Index.  The sector’s seasonally adjusted...
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Australian Manufacturing Week 2026 to make Brisbane debut

Australia’s leading advanced manufacturing showcase, Australian Manufacturing Week (AMW), is set to return in 2026, marking its first-ever event in Brisbane.