Shutdown of Aussie industry fast-tracked
One Australian state has ramped up its phase out of an industry in a win for “relentless people power”, according to one MP.
Manufacturing
Albo reacts to multibillion-dollar ‘obsession’
An obsession with “pork barrelling” has rendered Australia’s infrastructure pipeline ineffective, prompting a wide-scale review.
Man’s ‘dumb’ pandemic business exploded
A young doctor has revealed how his Covid escape mutated into Australia’s next big cult hit.
Albo flags major deal within hours
Major clean energy and national security agreements between Australia and India are expected to be agreed to within hours.
‘200 jobs lost’ as historic plant shuts
As many as 200 people will lose their jobs as Australia’s last white paper manufacturer closes.
Collapsed company owed staggering $70m
Soaring prices and supply chain disruptions from Russia’s invasion of Ukraine, have been blamed for its demise as 200 employees are owed $3.2m.
Woman makes $8m from ‘unreal’ idea
A Brisbane woman‘s “unreal” idea has left her on track to make $8 million this year with her range of sustainable swimwear.
Elon Musk breaks staggering world record
The Tesla founder has just shattered a huge world record – but it’s probably one he would rather have left alone.
Urgent recall of harmful Ikea product
A flatpack furniture giant has issued an urgent recall for a popular office staple, as it poses an injury threat to any user.
Ambitious move to tackle Aussie issue
Energy minister Chris Bowen announced a major change to tackle a huge issue facing Australia.
Russia’s new move against Australia
Australia has been banned from purchasing oil products from Russia in a sudden and shocking executive order from the Kremlin.
Workers sacked just in time for Christmas
Dozens of Aussies are heading into Christmas without jobs after being let go by a tech and property start-up.
Traders land $15 billion in bet against Musk
The blows keep coming for the world’s second richest man as Elon Musk’s hellish end to 2022 continues.
Tesla faces brutal $728 billion crisis
Billionaire Elon Musk has copped a lashing for his obsession with turning around Twitter – being accused of abandoning his electric car company in the process.
Builder collapses with 1250 jobs at risk
The building firm was borrowing hundreds of millions of dollars pinning its hopes on a deal that came to a sudden end, sealing its fate.
Owner disappears after firing 2700 workers
The owner of a furniture manufacturer who fired thousands via text or email has disappeared as the stunned employees search for answers.
Massive cash boost for one group
Funding available for start ups in one state will be boosted by up to eight times its current amount, with $40 million added to the pool.
Price of pub staple set to skyrocket
Food industry insiders are warning of a new shortage in the lead-up to Christmas, with price increases looming for takeaway meals and pub staples.
Violent clashes at largest iPhone factory
Workers have clashed with security as violent protests broke out over pay and Covid restrictions at Foxconn’s iPhone factory in central China.
‘Wouldn’t survive’: Why Aussies need China
Some small Australian businesses are having to turn away from the local market and are looking toward China to stay afloat.
Building company collapses owing $11m
A financial report by liquidators has revealed the crippling financial woes of a major builder, which owes millions of dollars to hundreds of creditors.
Major project ‘endangering’ workers: union
An electricians union claims workers’ safety has been put at risk by “unsafe work practices” and a “negligent” safety watchdog.
Apple cuts production of new iPhone
Reports have emerged Apple has cut production of one of its new iPhones less than two weeks after it hit stores – and now the tech giant is launching other new products.
Fears of key food shortage in Australia
A major agricultural company is concerned that the “headache” of La Nina will hamper the production of a staple food item.
‘Squander a decade’: Warning to billionaire
A climate celebrity has declared a powerful Aussie has made the country “drink the kool-aid” over his energy plan.
Twist after Aussie company cuts 170 jobs
One of Australia’s oldest companies has been thrown a lifeline, weeks after standing down 170 workers and warning more jobs were on the line.
Aussie company threatens 240 jobs
A major Australian company has announced significant staff lay-offs as it battles to pay a $148 million damage bill from a disaster earlier in the year.
Hint of Elon Musk’s plans for Australia
Australia’s most senior Tesla executive has dropped a big hint about what Elon Musk could do Down Under.
Popular car model urgently recalled
A manufacturing issue which could cause serious injury has forced a well-known car company to recall 5000 of its vehicles.
Major company hit by $300m wipe-out
One of Australia’s largest building material manufacturers has seen nearly $300 million wiped from its market value.
860k vehicles impacted by breach
An eye-watering 860,000 vehicles have been impacted, prompting an Australian class action law firm to weigh in.
World holds its breath over strip of sea
As tensions escalate, it’s been revealed just how much the world relies on Taiwan and the narrow stretch of water between it and China.
‘Major issue’: Bombshell pins car company
A new report has revealed a major affiliate of Toyota falsified crucial data on some engines going back almost 20 years.
Worker’s explosive tirade after being fired
A woman who was fired for her frequent tardiness launched into a foul-mouthed tirade against colleagues.
‘Diamond hands’ Elon Musk breaks promise
The world’s richest person has revealed his car company Tesla sold around 75 per cent of its cryptocurrency after the market crashed.
Horror find under bonnet of man’s $65k ute
A class action law firm is investigating a vehicle manufacturer over concerns 90,000 vehicles have been sold with defects.
Major new plan to break China’s dominance
The consequences of relying on China for one crucial industry has been exposed as Australia and the US vow to challenge its dominance.
The real cost of $1800-a-year saving
Environmental experts say ditching gas is the new way to save both the earth and you bills. But if you don’t have solar, you’ll be losing big.
Price of Aussie favourite to skyrocket
Aussies in one state have been put on notice as the price of a staple takeaway meal is set to soar amid the nation’s power bill crisis.
Secrets behind booming industry
While many markets are struggling during the country’s economic crisis, one classic investment is proving fruitful for Aussies.
‘Losing billions:’ Elon Musk’s bizarre remark
The worlds’s richest person has made an unusual claim regarding two new factories that are reportedly losing his electric car company Tesla billions of dollars.
‘Wiped out’: Horror stat as industry crumbles
Construction workers are having regular mental breakdowns and crying to colleagues and family members as 80 per cent of building firms haemorrhage money.
Lifeline for brand on brink of collapse
Cosmetics giant Revlon has filed for bankruptcy after years of stiff competition from rivals focused on online sales and supply chain problems.
New shortage hits supermarket shelves
Spicy food lovers are in for a shock as an “unprecedented shortage” is hitting one of the world’s most popular hot sauces.
‘Stare them down’: Turnbull demands action
Former prime minister Malcolm Turnbull is calling for urgent action to solve a crisis, warning the move will be “resented bitterly”.
‘There is no gas crisis’: outgoing senator
With just 20 days left in the job, one senator is not going quietly, rejecting there’s a gas crisis and slamming government failure on submarines.
Aussie company sacks 25 per cent of staff
The company revealed it had to make the “tough” changes to its workforce after various disruptions, but also announced it had raised $30m in funding.
$80k job causing supermarket chaos
The true extent of the supermarket labour shortage has been laid bare as one boss says he’s struggling to find workers because of one well-paid job.
‘Truly humbled’: Aussie CEO knighted
The Australian chief executive of a global company has received the highest honour for his response to the Covid-19 pandemic.
Aussie business collapses after 102 years
Iconic Australian brand Alvey Reels will shut permanently after 102 years in coming weeks as a result of immense market pressures.
Why your CT scan may be delayed
Patients off to see a doctor for a CT scan may be asked to have it deferred amid a global shortage of a vital medical tool.
Musk’s $5.6 billion move after Twitter deal
Elon Musk has undertaken a mass sell-off in the days after making headlines for the approval of his $60 billion takeover of Twitter.
China’s lockdown will affect Aussies
China’s Covid-zero strategy and harsh lockdowns will create wide-reaching problems, including for everyday Australians.
Question that stumped Energy Minister
Energy Minister Angus Taylor found himself in an uncomfortable grilling after a reporter would not let go of one thing.
Why Blackmores is moving on from China
Blackmores is more than making up for the loss of Chinese ‘diagou’ resellers and also gaining ground in other huge markets.
Rio splashes record cash on investors
The Australian mining giant has lined the pockets of its investors, but pickings may be slimmer in the year ahead.
Surprise shift in Aussie thinking
A new survey shows communities near Australia’s ageing coal-burning power stations back the closure of sites and the switch to renewables.
Sign rapid tests are here to stay
One state has made a major announcement that signals Australians will be using Covid rapid antigen tests for years to come.
Grim sign for vegan ‘fake meat’ companies
A vegan burger company has sacked a number of employees, in the latest sign of troubles in the fake meat space.
Stocks of critical product revealed
Australia’s current situation amid a looming crisis that threatened to pull Aussie diesel vehicles off the road has been revealed.
Huge Covid changes to fast food faves
The army of people needed to grow, process, transport, prepare and deliver food to your door has been decimated by Omicron, with no quick fix for a system that sells itself as just that.
Hidden problem hitting property prices
Property experts have warned a hidden problem is causing serious issues for housing prices, which could have huge flow-on impacts.
PM in crisis talks over supply chain chaos
Scott Morrison will hold crisis talks over Australia’s supply chain havoc with more changes to isolation rules for workers under consideration.
‘Nobody knows’: New blow in shortage crisis
Australia’s supply of urea – an additive used in diesel engines – could run out in weeks, meaning the trucking industry could grind to a halt.
Supermarket favourite takes $230m dive
The Covid pandemic has wreaked havoc at a company behind a number of iconic Aussie pantry items, with its share price crashing.
Aussie industry desperate for workers
Australian businesses in one industry are struggling to get back on their feet and are desperately calling out for workers.
‘Couldn’t believe it’: Cafe owner’s genius idea
Melbourne cafe owners Abigail Forsyth and her brother Jamie were appalled by disposable coffee cups. So they launched a globe-spanning empire.
Australia’s grim warning on slaves
Australia has become reliant on the horrific practice of modern slavery. Here’s the industries most affected.
Chinese product we can’t do without
Australia relies on China for 90 per cent of the imports of one technology ‘crucial’ to the country’s future.
Shoppers score at Bunnings and Officeworks
Shoppers are set to score at Bunnings and Officeworks under a new initiative rolled out in time for Christmas.
Bunnings group snaps up iconic brand
An iconic Australian pharmacy chain has found a new home alongside a host of other big-name brands in a $760 million takeover deal.
‘Significant’: Grim prediction for 2022
Two very serious issues have combined to create a mega disaster that will impact Christmas, and is likely to last well into 2022.
‘Significant’: Grim prediction for 2022
Two very serious issues have combined to create a mega disaster that will impact Christmas, and is likely to last well into 2022.
Vaccine maker’s $7 billion hiccup
Demand is through the roof for vaccinations but a pharma giant has slashed its sales forecast by almost $7 billion because of one seemingly simple issue.
‘Hypocrisy’: Keneally’s China blunder
The Labor Senator has been blasted following an embarrassing revelation about her campaign fundraising side-hustle.
‘Catastrophic’ shortage looming in weeks
Thousands of businesses and millions of jobs are on the line amid a “catastrophic” shortage of a crucial commodity, with stockpiles set to run out within weeks.
New shares in whisky icon pounced on
New shares in award-winning Tasmanian spirits maker Lark have been snapped up at breakneck speed as it raises cash to buy an iconic distillery.
Small businesses hit hard in shock deal
Hundreds of small Aussie businesses have suffered a huge blow in government deal.
Vaccines giant mandates staff jabs
An Aussie pharmaceutical giant in the thick of the Covid-19 battle has told all staff “no jab, no job” and defended one vaccine as unfairly panned.
‘Buy Australian’: Albo’s jobs pitch
Anthony Albanese has announced another jobs policy as the Labor Party gears up for the next federal election.
Original URL: https://www.news.com.au/finance/business/manufacturing/page/7