The make up of the Prime Minister’s National COVID-19 Coordination Commission (NCCC) has come under fire for its bias towards gas and mining industries. There are two bureaucrats, Chairman Neville Power is a miner and energy executive, Andrew Liveris hails from Dow which utilises gas, Catherine Tanna is managing director of Energy Australia, and James…
Fertiliser and explosives business Incitec Pivot has become the latest large manufacturer to tap the capital markets for new equity to tide it thorough the Covid-19 pandemic. The company has successfully placed $600 million in new equity with institutional investors in a fully underwritten offering at $2 a share. It now plans to raise an…
Now that the true extent of the health challenge facing Australia is evident, attention is turning to the economy where sales slow-downs, disrupted supply chains and closed markets are taking their toll. Today BlueScope steel and Boral became the latest in what has become a flood of large manufacturers forced to rethink sales and profits…
There has been a series of successful IPOs for high-tech Australian manufacturing companies in recent months, including Carbon Revolution, K-Tig and Amaero Engineering. 3D printing bureau AML3D hopes to add to this, with a place on the ASX planned for March. Founder and managing director Andy Sales agrees that investors are keen on sophisticated manufacturers…
By Peter Roberts Defence, space and communications group Electro Optic Systems (ASX: EOS) has raised $85 million from investors and shareholders, confirming investor appetite for progressive manufacturers. The company announced it had raised $17 million – $10 million more than initially sought – in a share purchase plan from existing shareholders. This came on top…
Carbon Revolution on the ASX One-piece carbon fibre wheel manufacturer Carbon Revolution (ASX:CBR) made its much-anticipated listing on the Australian share market on Friday. Carbon Revolution employs 346 and is based at Deakin University’s Waurn Ponds campus. It was founded by a group of Deakin engineering students in 2007, and makes wheels for Ferrari, Ford…
Trajan has been developing a world-first blood sampling device for several years. Brent Balinski spoke to company founder and chairman Stephen Tomisich about the hemaPEN – which is about to gain registration here and overseas – and where Australian companies can be competitive.
It is hard to think of carbon fibre in Australia and not think of Geelong. It’s a material with countless uses – in cars, sporting goods, exoskeletons and beyond – and Victoria’s second city is home to the scientific, engineering and commercial expertise needed to develop it into the products of tomorrow.
A privilege of this role is that we at the Advanced Manufacturing Growth Centre (AMGC) get to see Australian ideas of all kinds evolve into high-value products and jobs.
By Ehsan Noroozinejad, Western Sydney University and Greg Morrison, Western Sydney University Australia is currently facing twin crises: housing and climate change. A lot more homes are needed, fast. Australia’s housing crisis isn’t just an affordability issue. It damages mental health over the long term. But building more houses contributes substantially to carbon emissions. There’s…