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Australia has the highest manufacturing-cost structure among largest goods-exporting countries: study

A new study of the world's 25 largest goods-exporting nations has found that Australia's manufacturing-cost structure is around 30 per cent higher than the...

Novartis, GSK shake up pharmaceutical industry with major deals

Pharmaceutical giant Novartis and global healthcare company GlaxoSmithKline (GSK) have announced a series of transactions worth billions of dollars that will transform both firms'...

More than 50 jobs will be affected as Nufarm closes Auckland facility

Agricultural chemicals manufacturer Nufarm has announced that it will close its facility near Auckland and move production to Laverton in Victoria following a review...

New study warns of almost 200,000 job losses as car manufacturing ends in Australia

A new study on the Australian automotive industry predicted that the closure of car manufacturing facilities could impact the economy with a loss of...

Toyota Australia to recall Hilux and Yaris models as part of worldwide safety measures

Toyota has announced a major recall of over 6.5 million vehicles worldwide due to a variety of problems ranging from faulty steering wheels to...

Industry leaders offer mixed reactions to historic Japan-Australia Free Trade Agreement

Members of various industries have voiced their reactions following the announcement of the historic economic partnership between Australia and Japan, which would see hundreds...

Ex-BP boss Hayward could take role of chairman at Glencore Xstrata permanently

Former BP chief executive Tony Hayward is one of the three shortlisted candidates for the chairman position at commodities trading and mining firm Glencore...

Macfarlane criticised for shunning tripartite manufacturing group at “the worst possible time”

Members of the manufacturing industry are criticising Minister for Industry Hon Ian Macfarlane for shunning the Manufacturing Leaders Group at a time when the...

Philip Morris to stop cigarette manufacturing in Australia by end of 2014

Tobacco company Philip Morris International plans to cease manufacturing cigarettes in Australia by the end of the year, blaming government production regulations for restricting...

Strong Aussie dollar continues to pressure manufacturing sector in March

The Australian manufacturing sector continues to take a beating from the high Australian dollar as the industry records a contraction in activity for the...
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