‘Called out’: Foreign firm killing Aussie icon
A state government has threatened to nationalise a well-known Australian brand, accusing the current owners of wanting to shut it down.
Manufacturing
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Coke supply threatened for Christmas
Christmas could be a little flat as Coca-Cola factory workers go on strike on Thursday for a second time this month.
ASX trades flat ahead of US rate cut
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
ASX falls to fresh four-week low
The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
Historic first for Aussie space industry
An Australian company has been given first-of-its-kind approval to launch a rocket out of a small Queensland town.
Aussie climate goals ‘within reach’
The state and territory emission reduction targets in place can give Australia a “springboard” to stronger climate goals, new research finds.
Retail gives ASX a bump up
The gift-giving season has shunted the ASX to a marginal gain on Monday as oil uncertainty buried many of the big players.
91 per cent chance of this interest rate call
Mortgage holders and business owners should not hold their breath for any interest rate relief on Tuesday.
‘97 times’: Albo’s reminder of broken promise
As the federal election looms, Peter Dutton has used a three-year anniversary to attack Anthony Albanese over a broken promise.
‘Sold out’: Greens lashed on housing
The Greens have been accused of selling out in agreeing to back Labor’s Help To Buy bill, with the Liberal Party vowing to repeal the law if they win the election.
Aus clothing empire collapses owing $250m
A huge Australian clothing conglomerate is in voluntary administration, owing nearly $250m.
State’s crackdown on ‘dodgy’ builders
One Aussie state has made a huge move to crack down on unregistered tradies ripping off homeowners – urging people to “dob” them into an anonymous tip off line.
Concerns before man crushed to death
A union says safety concerns at the site of a fatal turbine incident were raised with builders before a man was crushed by a fan blade.
How Aussies can dodge Trump’s tariff threat
An expert in international relations has offered some blunt advice to Australian policymakers on how to avoid potentially damaging Trump tariffs.
Horror reason worker crushed to death
A court has been told of an Aussie company’s fatal safety flaw which led to a worker being crushed to death under two 600kg stones in a horrific accident.
Grim reality for female tradies laid bare
Australia has slim hopes of building the houses we desperately need if 10 per cent of female tradies keep being harassed out of the construction industry.
Premier under fire for act before $5bn sale
The New South Wales Premier met with his friend of 20 years – a racing executive – for a ‘meet and greet’ shortly before a massive $5bn racetrack sell-off was announced.
China spooks ASX from record high
The ASX 200 has fallen from a record high, as investors are disappointed with the economic growth of Australia’s largest trading partner.
Love child’s win in billion-dollar fortune fight
The love child of late packaging billionaire Richard Pratt has scored a win in her battle to claim part of his family’s multibillion-dollar fortune.
‘Risk of death’: Grim call on Temu items
Toys from a cheap overseas retailer can quickly turn deadly for children, a consumer group has found.
Markets rise on Chinese stimulus rumours
The Australian share market rose to a near record high off the back of Chinese stimulus package rumours and a better than expected global economic outlook.
Mega Aussie wind farm switched on
What’s set to be the biggest wind farm in the southern hemisphere has been switched on in country Victoria.
‘Dark hole’: Big issue in rise of smart cars
The threat of foreign EVs being remotely controlled on Australian roads is unlikely, but the computers on wheels are still listening and watching everything we do.
200 new suburbs hit in house price chaos
Australia’s relentless house price growth has pushed a sweep of new suburbs into the million-dollar value club. Here are the new elite members.
Big electricity plan for one Aussie state
Hot on the heels of promising state-owned petrol stations, one premier fighting for his job has made another huge pledge.
Major company conducting sickie checks
Tesla is facing fresh controversy after managers made a controversial move to sick workers.
‘I’m not a moron’: Barnaby fires up over EVs
Barnaby Joyce has clashed with a senior Labor MP about the possibility of China controlling its electric vehicles in Australia.
‘Malevolent:’ Barnaby’s call on Chinese EVs
The Nationals firebrand has stoked fears the technology could be used for “malevolent purposes,” pointing towards Israel’s deadly pager attack on Hezbollah.
ACCC whacks energy giant with $14m fine
A corporate giant has copped a $14m fine for misleading customers over prices.
Common item smashing Aussie wallets
Despite more EVs and people working from home, Australian fuel prices increased at double the rate of inflation in the 12 months to June.
One thing leaving Aussie companies on edge
Aussie brands have united to take on global retail behemoth Amazon in a four-day shopping event promising to save consumers big bucks.
‘Aussie Owned’: Mum calls for new food label
Aussies love supporting homegrown products, but one mum warns that the widely recognised “Australian Made” logo is not what it seems.
Shock pic exposes popular KFC item
A customer has taken to Facebook to vent about the fast food giant after making a huge discovery.
Major issue in solving Aussie housing crisis
With Australia’s housing crisis ever-worsening, one group has revealed the 130,000-strong gap stopping it from being solved.
‘Confident’: Albo’s big claim after Biden chat
Prime Minister Anthony Albanese has made a strong statement about the future of a multi-billion dollar investment after meeting with US President Joe Biden.
State’s shock social housing figure
A year ago, one Australian Premier said the ‘status quo is not an option’ as he unveiled a major housing plan. Since then rents are up 13 per cent.
Aussie shares flat before pivotal Fed moment
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
$290m shake-up to ease cost of power bills
One state has committed another $290m to get more solar panels onto homes and businesses, with the ultimate aim of bringing energy bills down.
‘Dividend deluge’ amid cost-of-living crisis
As Australia’s biggest companies do all they can to cut costs, the corporate juggernauts are pulling back profits to pay shareholders.
Insane scenes rock massive CBD protest
Insane scenes have dominated the final day of anti-war protests in the heart of Melbourne, including one alleged act where a woman cemented herself in a car.
State’s bold plan for housing crisis
One state government is eyeing a bold new idea as it desperately tries to get more houses built.
‘Sputtering’ China weighs down miners
The financials and energy sectors have dragged the ASX to a winning day as Chinese woes weigh heavy on Australian miners.
45 houses unfinished as builder goes bust
Houses in one major city have been left unfinished as a builder that was serving a suspension is put into liquidation.
Energy stocks lead to dip in ASX
The Australian share market fell again on Thursday, after a poor start thanks to Wall St, as several big name companies report results.
Major milestone in nuke subs dream
A major milestone has just been hit in Australia’s ambition to acquire nuclear-powered submarines.
Huge cost of cyber attack revealed
Small Aussie businesses have glaring holes in their cyber security, and it’s costing them dearly as tougher penalties take effect.
China blow to cost Australia billions
Chinese manufacturing, and it turns out Chinese babies, have left their mark on the ASX on Monday despite the market closing up.
‘Absolutely furious, livid’: Outrage over ‘tax’
Thousands of Aussies trying to keep their bills down are being stung with a hidden tax advocates are calling “madness” as the cost of living continues to bite.
Big question Amazon can’t answer
Amazon executives are being grilled on the company’s murky development of AI and how audio recordings from inside homes are used.
Petrol, diesel car sales slip against EVs
The percentage of petrol and diesel cars sold in Australia is on a steady downward trajectory as the eco-conscious alternatives get more popular.
‘Broken’: Concern for Indo-Pacific
A key meeting of Australia’s Foreign Affairs Minister and her US, Japanese and Indian counterparts has singled out maritime lawlessness as a key issue in the Indo-Pacific region.
‘Get serious’: Uni staff on two-week strike
Staff at a major university have walked off the job for two weeks, an act that could affect lower socio-economic groups and the most marginalised learners.
Woolies makes big move on EVs
A big change coming to an Australian supermarket change could breathe new life in a once iconic local industry.
Fresh blow after union branch shut down
The South Australian arm of the powerful construction union, which is under the control of the Victorian branch, has also been put into administration.
Worker paralysed after horror fall
A water tank company has copped a massive fine after one of their workers was left paralysed from a horrific fall into a concrete tank.
The big reasons Aussies hate their jobs
The big reasons Australian workers grow to hate their jobs and look for alternatives have been uncovered in a massive survey.
500 jobs at risk as company collapses
A farming business with operations across the country has entered voluntary administration, putting 500 jobs at risk.
Huge update in divisive wind farm project
The next step for a controversial Australian energy project which would power an estimated 1.8 million homes has been announced.
Staggering figure Aussie workers losing
The staggering amount Aussie workers are losing in doing unpaid overtime outside their shift hours has been exposed.
Eye-watering fine over dodgy bid plot
An Aussie tech company has been fined $1.5m for attempted cartel bid rigging, related to upgrades at an iconic building in Canberra.
Cost of Aussie breakfast staple to soar
Bad weather and disease is making an iconic Aussie breakfast staple harder to find on supermarket shelves – and farmers reckon prices are going to get even worse.
11yo hospitalised after using manicure set
An 11 year-old girl has allegedly suffered severe third-degree burns after using nail glue bought from a popular Chinese online retailer.
Aussie ports targeted in Gaza protests
Ports across the country have been the target of peaceful protesters as calls for boycotts against Israel mount.
‘Urgent’: Blackout risk as green power stumbles
The Australian Energy Market Operator is warning of “reliability gaps” without the ‘timely’ delivery of more transmission and energy infrastructure.
Fresh fight looms on $14bn budget promise
Within hours of handing down its third budget, Labor’s bold Future Made in Australia Plan has been thrown into doubt.
Why popular item missing from shelves
Shoppers have noticed the popular products missing from supermarket shelves recently and there’s a concerning reason behind it.
Major company collapses owing $29m
The 60-year-old company was involved in sporting events such as the Australian Open but is now facing being closed for good as employees were left in limbo.
Asbestos concerns ‘until at least 2100’
Health and workers’ rights advocates are pushing ministers to curtail asbestos, warning it could linger into the next century despite being banned in 2003.
$215bn industry could create 53k jobs
The untapped value of an up-and-coming industry that could create thousands of jobs has been revealed in a new report.
How Australia plans to lure foreign cash
Amid a backlash from economists and industry experts, Treasurer Jim Chalmers has unveiled an overhaul of foreign investment policy.
150 jobs at risk as company faces $20m debt
It’s a big player in a key industry for Australia but its now looking for a bailout as its hit by a spate of problems affecting the sector.
ASX advances ahead of fresh inflation print
Ahead of consumer price figures for the March quarter, the benchmark notched its second session of gains.
Big safety warning issued for motorbikes
A legendary motorcycle brand has issued an urgent recall for some of its bikes for a potentially fatal manufacturing flaw.
Boss exposes issue with ‘educated’ Gen Zers
An Aussie boss has exposed a major problem he says has made it impossible to find young workers.
Miner goes nuclear with uranium drum
A South Australian mining company has boomed in value from $37m to almost $2bn in less than 10 years and the meteoric rise could continue with the company announcing another big milestone.
The Aussies priced out of electric revolution
There are increasing calls to narrow the divide between people who can afford to electrify their homes and those who are left in the dark.
700 jobs at risk as company collapses
One of Australia’s biggest manufacturers has gone bust with a factory already slated to close amid concerns about the country’s recycling abilities.
Hi-tech laser miracle saves young dad
A young father with a serious brain disorder is on the mend after undergoing an Australian-first surgery with new state-of-the-art laser tech.
Green subsidies no ‘free for all’: Chalmers
Amid warnings over the government’s recently announced Future Made in Australia plan, Treasurer Jim Chalmers said taxpayer funds would not be wasted.
Original URL: https://www.news.com.au/finance/business/manufacturing