This Month
Iconic fruit and vege biz SPC launches targeted capital raise
The 100-year-old company is seeking to raise up to $20 million from investors, but they must be residents of Victoria’s Goulburn Valley region.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Double denim in style as Outland buys ailing Nobody Denim
The Gold Coast-based social enterprise has announced its acquisition of Melbourne veteran Nobody Denim.
- Lauren Sams
Pentagon awards contract to Ellerston-backed Aussie builder
The Pentagon’s special Defence Innovation Unit, run by a former Apple executive, has awarded an Australian company a $20 million boat-building contract.
- Matthew Cranston
Hydrogen still in slow-burn phase ahead of take-off
The low-carbon hydrogen market remains tiny, and few expect much growth any time soon, but it’s still seen as vital to transition to net-zero.
- Angela Macdonald-Smith
‘Misguided’: Labor gas strategy ignores Asia’s rising demand
The starting point of the Albanese government’s discussion paper for a long-term gas strategy sends the wrong signal to investors, producers say.
- Angela Macdonald-Smith
September
- Opinion
- Opinion
Government bets on a manufacturing future
Australia’s ability to revive domestic manufacturing without ending up in an economic cul-de-sac is a key policy question for this decade.
- Updated
- Jennifer Hewett
Cardboard drone maker used in Ukraine is Australia’s top innovator
Sypaq has won the 2023 AFR Boss Most Innovative Companies Award, for its flat packed cardboard drones, which have been serving on the front line in Ukraine.
- Paul Smith
- Exclusive
- AI
The new $3b robot factory shooting for the moon
Advanced Navigation, a Sydney deep-tech company backed by Malcolm Turnbull, is scaling up a factory that helps NASA navigate when there’s no GPS.
- John Davidson
East coast gas supply rising but ACCC cautions over thin surplus
The competition watchdog says the east coast should narrowly avoid a gas supply deficit in the March quarter of 2024.
- Angela Macdonald-Smith
Orica targets Japan, Korea for green ammonia exports
The explosives maker expanded its climate goals, including adding a scope 3 emissions “ambition”.
- Angela Macdonald-Smith
EV makers call for incentives to lure wary UK drivers
The British government wants to phase out petrol cars by 2030, but isn’t offering financial incentives to help motorists overcome their doubts.
- Hans van Leeuwen
Manufacturing sector sheds workers as sentiment hits 14-year low
Sentiment among manufacturers has plunged to its lowest level since the global financial crisis as the industry sheds workers in response to falling demand.
- Michael Read
Loading bans hit Chevron’s LNG as output cut
The sudden escalation of industrial action came as Chevron’s Wheatstone LNG output was reduced by 25 per cent after a technical fault on Thursday.
- Angela Macdonald-Smith and David Marin-Guzman
East coast gas commitments fail to ease shortfall worries
The declarations by gas producers haven’t removed concerns about the increasing likelihood of supply shortages over the next several years.
- Angela Macdonald-Smith
- Exclusive
- Industrial relations
Chevron appeals for enforced arbitration as strikes threaten WA gas
The US giant has told the Fair Work Commission that escalating work stoppages on its Wheatstone gas platform pose a real threat to the WA domestic market.
- Angela Macdonald-Smith and David Marin-Guzman
East coast gas worries may resurface as producers show their hands
The figures to be released Monday by east coast gas producers are expected to point to a tight market in 2024 as Bass Strait production drops off.
- Angela Macdonald-Smith
European gas prices jump as workers strike at Chevron LNG plants
Unions have kicked off three weeks of escalating strikes at Chevron’s Gorgon and Wheatstone projects that will disrupt gas exports.
- Updated
- David Marin-Guzman and Angela Macdonald-Smith
Unions step back from strike at Chevron amid last-minute talks
Each worker at the LNG plants generates an estimated $240,000 a day in revenue, giving the unions significant leverage in the negotiations.
- Updated
- Angela Macdonald-Smith and David Marin-Guzman
Packaging biz Winson Group hunts for new owner, PwC hired
The business has 35,000 clients on its books including the likes of Mecca, Guzman Y Gomes, Aldi, Kmart, Asahi and Super Retail Group.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Carbon border tax could expose BlueScope, Transurban
A carbon border adjustment tax would raise much more from the cement industry than the steel industry, and is a missed opportunity, according to UBS.
- Ben Potter
