A major survey of more than 1,600 firms has found that the high value of the Australian dollar, difficulties in obtaining finance and a lack of information about overseas markets remain major barriers to expanded international operations. ...
Tags: Australian dollar
There was no shortage of news for the cotton market to digest this week as ICE futures lost over 300 pts basis the K4 contract. Losses on Monday were re-couped on Tuesday ahead of the USDA's monthly WASDE report, which contained few ...
"The result for the first half of the financial year reflected solid growth in emerging markets, ongoing operating improvements and the benefits from recent acquisitions. Earnings per share, for the continuing operations, increased 22% to ...
Tags: Packaging&Printing, Amcor
Australian iron ore development company BC Iron has announced its fiscal results for the first half ending December 31 of the financial year 2013-14, posting a net profit of A$70.3 million, significantly increasing compared to A$7.7 million ...
Food and beverage company Coca-Cola Amatil (CCA) has announced a net profit after tax of $502.8 million, before significant items. Net profit after tax (including significant items) decreased by 82.5 per cent to $79.9 million for the twelve ...
Tags: operating cost structure, Results Decline, Capital Expenditure
Australia's Atlas Iron said Tuesday it would double production at its Mt Webber mine in north Pilbara to 6 million mt by the end of the December quarter, now that the board has approved development of the project's second stage. ...
Tags: Atlas Iron, Mineral
Australia is losing another vehicle manufacturing facility — and the jobs that go along with it. Toyota Motor Corp. announced that it would stop making cars in Australia in 2017. Toyota’s withdrawal will mean about 2,500 lost ...
Tags: Halt Production, high cost of manufacturing, competition
February 10, 2014 Sophie Langley Retail food sales and manufacturing growth strengthening in Australia Year-on-year growth in retail food sales is at its strongest since early 2010, according to a report from food manufacturing industry ...
Tags: Manufacturing Growth, Food Sales, CHEP, AFGC
Anglo American's thermal coal division produced 67.6 million mt in the 2013 financial year, slipping 2% on the year due to lower-than-expected production at Colombia's Cerrejon and South Africa's New Vaal mines. The miner said in its ...
Tags: Thermal Coal, Mineral
Toyota Australia has announced plans to stop car production in the country by the end of 2017 and operate as a national sales and distribution company. This move will cease the local manufacturing of the Camry, Camry Hybrid and Aurion ...
Tags: Toyota, Car Production
Australia's mid-market businesses are experiencing a sharp increase in confidence and renewed optimism around future performance, according to the Commonwealth Bank Future Business Index. The index reveals confidence reached the highest ...
Tags: Service
ICE Cotton gained over 4 cents for the week on the back of spec buying, improved technicals and rising open interest, and the continued rawdown of US cotton stocks through strong export sales (223k overall). Although domestic basis levels ...
Tags: Cotton Trends, Textile
Morgan Cars Australia has announced price increases of up to seven per cent across most of its range, blaming the weakening Australian dollar. In a statement, the local distributor for the high-end British marque said, “After a long ...
Tags: Morgan Cars, BMW engine
The fastest and most powerful Caterham ever offered for sale in Australia, the Caterham Seven 485, has been released. Powered by a specially developed Euro-6 compliant Ford-sourced naturally aspirated four-cylinder engine – with dry ...
Growing investor interest in the Australian processed food sector and divestments by large Australian food manufacturers are becoming more frequent. The recent drop in the Australian dollar and export market opportunities may be driving ...