Comment by Peter Roberts Slowly, slowly lawmakers are getting round to tightening up laws covering the sort of white collar crime evident in the recent Banking Royal Commission. But as the Commission itself failed to come to grips with the real problem with the financial services industry, so too will our politicians. While I welcome…
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Additive manufacturing technology company, Aurora Labs Limited (ASX: A3D), has demonstrated high speed 3D printing in a series of tests. The Perth company reported that it had completed a test series on 13 February of its Rapid Manufacturing Technology (RMT) prototype demonstrating the scalable nature of the technology. The company said it had achieved “…remarkable…
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Forum member Adam Salzer OAM reports on the readiness of boards and especially Chairs of companies to truly transform their businesses. The Australian Transformation and Turnaround Association (AusTTA) has conducted extensive research into what are the Best Practices at Board level that are required to lead a complex organisation fundamental Transformation. Data gathering included surveys…
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A number of defence suppliers have been awarded contracts to repair, maintain and upgrade components on the F-35 Lightning fighter plane now coming into service with the RAAF. Announcing the contracts, defence minister, Christopher Pyne and defence industry minister, Steven Ciobo said they were evidence of the global competitiveness of Australian industry. Most were regional…
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Medical technology leader ResMed Inc (ASX: RMD) has introduced a new top-of-head-connected nasal mask for sleep apnea sufferers. The new AirFit N30i mask connects to the company’s continuous positive air pressure (CPAP) machines at the top of the skull, allowing patients to move more freely during the night. The mask, just launched in the key…
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Spanish train manufacturer CAF is the big winner in a $2.8 billion project to design, build, finance and maintain New South Wales’ next regional rail fleet. In a depressingly familiar pattern for NSW, the trains will be built by CAF and ‘fitted out in Dubbo in NSW’s central west. A new maintenance centre will be…
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Danish renewable energy giant, Vestas is to establish a wind turbine manufacturing plant at Geelong, Victoria in association with a local precision engineering firm. Vestas has partnered with Marand Precision Engineering to turn the former Ford stamping plant into a plant capable of making 4MW Drivetrains and Hubs and component testing for the Dundonnell and…
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The maker of the iconic Penfolds wine brand, Treasury Wine Estates (ASX: TWE), today reported a massive jump in sales and profits fuelled by the fast expanding Chinese market. The company announced revenue for 2018 rose 16 per cent to $1,508 million, and earnings before interest, tax and several material items rose 19 per cent…
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The federal government has committed to developing new legislation to tighten defence export controls following a review of the Defence Trade Controls Act 2012. Defence minister Christopher Pyne said today that Dr Vivienne Thom had completed her review of the act which controls the supply and, in some cases, publication of sensitive defence technologies. Releasing…
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Perth new materials manufacturer First Graphene (ASX: FGR) has taken regulatory action to sell its PureGRAPHENE material in Australia. The company has applied to have PureGRAPH assessed by The National Industrial Chemicals Notification and Assessment Scheme (NICNAS). This is a precursor to having the carbon based nanomaterial listed on the Australian Inventory of Chemical Substances…
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