Today
- Updated
- Manufacturing
Australian manufacturing poster child Tritium collapses
The company had been cited by the PM as a “lost opportunity” that could have been kept in Australia with more government support, but it failed in the US.
- 1 hr ago
- Nick Bonyhady
Yesterday
$650 for RM’s? ‘People want handcrafted,’ says Nicola Forrest
Nicola Forrest says people are tiring of throwaway fast fashion as the iconic company she co-owns lifts capacity to tap into a fast-growing market for women’s boots.
- Simon Evans
This Month
Coventry Group raise upsized after strong demand
The industrial parts supplier has upped its equity raise to $30 million.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Coventry Group in $27 million raise to fund NZ acquisition
Shares went into a trading halt on Monday morning ahead of an announcement.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Letters to the Editor
Keating’s reforms fell short of making Australia a top economy
Readers’ letters on Paul Keating and Australia’s standing in the economic world, the myth of ever-growing productivity; magical thinking in the debate over Palestinian statehood; the market’s overreaction to inflation data; and the need for investment in quantum computing.
- Opinion
- Chanticleer
Seven’s Boral sweetener lets everyone claim victory
A new dividend and some peacemaking by Ryan Stokes has sealed Seven’s takeover of Boral.
- Updated
- James Thomson
- Exclusive
- Manufacturing
Sanjeev Gupta’s Whyalla steelworks crippled by blast furnace strife
The shutdown, which has run for four weeks so far, is an unwanted hit to the finances of the British industrialist’s struggling manufacturing empire.
- Simon Evans
- Opinion
- Letters to the Editor
Subsidies are not the answer to Australia’s manufacturing problem
Readers’ letters on Anthony Albanese’s Future Made in Australia Act, our poor record on tax reform, the case against a two-state solution in Palestine, and Peter Dutton’s nuclear distraction.
Ansell strikes ‘attractive’ $974m Kimberly-Clark deal
The maker of medical gloves is raising up to $465 million in capital to expand into scientific laboratories and safety eyewear with the Kimtech and KleenGuard brands.
- Simon Evans
Terms out for Ansell’s $400m raising to acquire Kimberly-Clark unit
The company will split the acquisition financing into a $400 million placement, a $US377 bridge debt facility, and a $65 million share purchase plan.
- Sarah Thompson, Kanika Sood and Emma Rapaport
It’s Hanwha against the hawks in race for shipbuilder Austal
The Korean conglomerate has made the news plenty of times before and not always in a positive light. Now it wants Australia’s largest defence group.
- Kylar Loussikian
Alceon PE signs on dotted line for Boss Engineering; Citi in for debt
Alceon was attracted to the business by Boss’s focus on automation and robotics, and exposure to Australia’s essential food supply needs.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Updated
- Mergers & acquisitions
Grant Samuel concedes it got Boral valuation wrong in win for Stokes
But the building materials group’s independent directors are still recommending shareholders reject a $1.9 billion takeover offer lobbed by Seven Group.
- Updated
- Simon Evans
- Opinion
- Recycling
Plastic recycling needs to be freed from the oil price cycle
Until it’s always cheaper to use repurposed materials, the industry has little hope of success.
- Steve Hardman
- Opinion
- Electric vehicles
The big worry for car makers: what if the EV slowdown is not a blip?
If politicians cannot persuade consumers to buy EVs, will they tear up their net-zero pledges, or turn to other measures to drive sales?
- Updated
- Peter Campbell
Austal’s long-serving chairman weighs retirement as bids land
Multimillionaire John Rothwell founded the Forrest family-backed shipbuilder in the 1980s and has been at the helm since.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Synlait Milk races to raise capital and sell assets to repay debt
Around $120 million was due on Thursday, but the New Zealand-based group has won three more months to find the money for its lenders.
- Carrie LaFrenz
- Opinion
- Aviation
Boeing heard all the warnings, it just wasn’t listening
The aircraft manufacturer deliberately moved its headquarters to be away from day-to-day business. It was a disaster.
- Sarah Green Carmichael
Orora flags earnings pain at its big French acquisition Saverglass
The ASX-listed bottle manufacturer purchased the 126-year-old business last year. On Tuesday, it said orders were lower than expected, sending shares lower.
- Simon Evans
Green premiums are real, says aluminium boss
Electric vehicle makers are refusing to pay a green premium for low-carbon nickel but Capral says customers are paying an extra 5 per cent for clean aluminium.
- Peter Ker and Lap Phan
