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Australia’s labour productivity rebounds in Q3, but challenges loom

The Productivity Commission's latest research indicates that Australia's labour productivity, which had been in a prolonged decline, has shown a modest increase of 0.9 per cent in the September 2023 quarter.

Report: Lockheed Martin bolsters Australia’s defence, national economy

Lockheed Martin Australia’s efforts to boost Australia’s sovereign defence capability have resulted in significant economic benefits for the country, according to a report from Deloitte Access Economics. 

South Korea’s Hanwha wins $7B Australian Defence contract for IFV manufacturing

Hanwha Defense Australia has secured a $7 billion contract to deliver and support 129 locally built Redback infantry fighting vehicles (IFV) for the Australian Army. 

Titomic expands footprint with breakthrough sales in US and Australia

Australian metal additive manufacturing company Titomic Limited has celebrated the successful sale of two D523 low-pressure cold spray systems, marking a significant stride in the company's expansion into the mining services sector and the US market.

Subway to serve Detpak sustainable platters in Australia, New Zealand

Sustainable packaging manufacturer Detpak has teamed up with Subway to launch a new fibre-based catering platter to help eliminate 205 tonnes of plastic in the environment each year. 

Industry leaders commend launch of Australia’s $392M Industry Growth Program

Speakers at the National Innovation Policy Forum have expressed their support for the Australian government’s $392 million Industry Growth Program, officially launched on Monday, 27 November. 

Federal gov’t rolls out Industry Growth Program to support Aussie startups

The Australian Government has officially launched its $392 million Industry Growth Program, an initiative aimed at helping startups and small businesses commercialise and grow their companies. 

Consortium frontlines Australia’s push for renewable superpower status

The Federal Government is currently deliberating on a renewable superpower strategy, emphasising the transformative potential of a global shift towards net-zero emissions.

Australian businesses should participate in Vietnam’s green economy, says report

A new paper from Monash University’s Climateworks Centre said Australian businesses should start tapping into green economy investment and trade opportunities in Vietnam, including renewable energy resources and sustainable development to support net-zero emissions. 

New Opal manufacturing facility opens in Wodonga, Victoria

Paper and packaging company Opal has opened a new manufacturing facility in Logic Wodonga, supporting the creation of more than 400 new jobs in Victoria. 
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Don’t get left behind: Manufacturing’s urgent need for digital transformation

As digital transformation reshapes industries worldwide, manufacturers in Australia and beyond are finding themselves at the forefront of an evolution. This shift presents opportunities for companies looking to improve efficiency, drive innovation, and boost growth.