Company News

Signet modernises warehouse operations with Zebra’s wearable technology

Zebra Technologies Corporation, an innovator at the front line of business with solutions and partners that deliver a performance edge, has announced Signet’s deployment of Zebra’s WT6000 wearable computer and RS4000 1D corded ring scanner to help modernise its warehouse operations. Signet is one of Australia’s leading distributors of warehouse consumables, packaging, safety and cleaning supplies, with six distribution centres across the country. Signet dispatches over 6,000 orders for businesses every day. Its customers benefit from low prices, bulk buy discounts and the convenience of products always being in stock and delivered on time. Signet’s warehouse workers were previously using handheld mobile computers to pick and scan cartons, which at times resulted in picking errors and manual handling strain through repetitive tasks and the picking of heavy items. After deploying Zebra’s easy-to-use wearables, Signet’s warehouse workers’ productivity increased by up to 40% through reducing their overall picking time, thereby resulting in significant operational cost savings. “Zebra’s wearable devices have significantly improved our warehouse staff’s efficiency, time spent on picking orders and overall accuracy. The solution has allowed our staff to free up both their hands while picking orders, which reduces the risk of manual handling incidents. Ultimately, Zebra’s solution helped our operations save a significant amount of time and cost,” said Allen Notley, Warehouse Manager (QLD), Signet. “Further, thanks to the familiar Android user interface, our warehouse staff have quickly adapted to using Zebra’s wearable computers, greatly reducing training time and maximising our return on investment.” As Signet’s previous handheld mobile computers were running on the Windows Operating System (OS), their previous devices were exposed to potential data security risks because the extended support of Windows Embedded and Mobile OS is no longer available. The switch to the Android-powered Zebra mobile computers has helped to mitigate these risks. “According to […]

Quantum devices successfully built for qubit control

Archer Materials Limited has successfully built the quantum devices required for initial qubit control measurements as part of a significant phase in its technology development related to the operation of the 12CQ room-temperature quantum computing qubit processor. Commenting on the Company’s 12CQ chip development, Archer CEO Dr Mohammad Choucair said: “We commenced our technology development related to qubit control a few weeks ago and now the first devices have been built to perform the initial [qubit control] measurements related to Archer’s 12CQ chip operation. We have remained on track in our development since we first commenced the [12CQ chip] project in April 2019.” “Qubit control is explicitly our next big technological milestone. Over the coming months, Company shareholders will expect to see a series of results that will be released to ASX by Archer that relate to qubit control – a key requirement of quantum computing processors. When successful, the work would be major validation, at a relatively early-stage of the overall development of a quantum computing processor, of the commercial viability of the 12CQ chip”. The Archer team has built and begun testing prototype qubit control devices (“ESR devices”) in Sydney with collaborating institutes. The initial prototyped ESR device has the primary benefit of providing the magnetic ultra-sensitivity to establish quantitative measurements (i.e. characterisation) of the quantum information residing on very few qubit material components. The initial ESR device design is intended to allow for qubit control measurements only at low temperatures to maximise the Primary Benefit, with the associated operation temperatures unrelated to Archer’s qubits’ demonstrated potential to operate at room temperature. The ESR device assembly is unique and unoptimised, subject to changing functional configurations. Archer CEO Dr Mohammad Choucair concluded: “The control measurements on the qubit material related to the 12CQ chip fabrication are a world-first, in […]

Hydraulink goes on the road to foster business and jobs around new Sydney Airport

Hydraulink team members on the big yellow bus to business and jobs generation in Western Sydney. From left as they prepare to take their unmistakable message to local markets, are Hydraulink Campbelltown Franchise Owner Jeff McCoskery, Service Technician Hayden Wilton, Managing Director Denis Matulin, NSW State Manager Mark Andrews, National Franchise Manager Wayne Abbott, and General Manager Michael Popovic Australasian hydraulics service leader Hydraulink goes spectacularly on the road to foster business and jobs around new Sydney Airport One of Australasia’s leading hydraulic hose supply and service organisations, Hydraulink, is launching a major expansion programme to provide business and employment opportunities around the rapid growth area surrounding the new second airport being built in Western Sydney. The company – which has more than 400 service points throughout Australia, New Zealand and the Pacific Islands – is targeting the establishment of multiple new franchises and the simultaneous creation of new skilled job opportunities in the South West Sydney area around Badgerys creek, where youth unemployment, in particular, exceeds 12.4%. “The new airport is expected to generate as many as 45,000 new jobs over coming years, with major investment initially in the engineering, civil and construction sectors, followed by ongoing growth worth billions of dollars in aviation, transport, logistics and infrastructure. These are all major areas of focus of the Hydraulink hydraulic hose and fitting business, where we can create quality businesses and skilled long-term jobs” said Hydraulink Australia Managing Director Mr Denis Matulin, at a function in Smithfield to launch the expansion programme. Service by the busload – the interior of the mobile service centre The event got under way in spectacular fashion with an inspection of the latest addition to Hydraulink’s South-Western Sydney service fleet – a vivid yellow 12.5 metre Hydraulink service bus fitted out by Hydraulink Campbelltown franchise […]

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Small businesses being starved of funds

-Isaac Gross, Lecturer in Economics, Monash University The government has widely touted its support for small businesses – most notably the provision of loans subsidised by the Reserve Bank. In its economic update on Friday the Reserve Bank talked up its low-cost Term Funding Facility. Take-up was “increasing steadily”. The scheme gives banks ultra low-interest money (0.25% per year for three years) on the understanding they will lend it to households and businesses that need it. The first allocation was a proportion of each lenders’ loan book. The second was conditional on the the lender expanding lending to business. For every extra dollar the bank extended to large business, it would get one extra dollar of funding from the Reserve Bank. For every extra dollar it lent to a small or medium size business it would get an extra five dollars. Yet the official figures suggest that the overwhelming bulk of the new money has gone to big businesses, those with turnovers of more than A$50 million per year. Medium-sized businesses have barely got a look-in. Lending to small businesses has actually gone backwards. Outstanding credit to businesses Loans outstanding for big businesses are 7.4% higher than at the start of the year, loans outstanding for medium-sized businesses are just 1.3% higher, and loans outstanding for small businesses are down 0.6%. Not only have banks channelled the overwhelming bulk of their new lending to large businesses, they have also done so at lower interest rates. Credit spread reductions for businesses Why have small businesses missed out? One explanation might be that they are not interested in borrowing. However, ask any economist, and she will tell you that demand for a good is usually a function of its price. This ought to be also be true for business credit. The Reserve Bank says small […]

Morrison warns against ‘solely transactional’ trade approach in address to US audience

Scott Morrison says the Covid-19 crisis has created new opportunities for “like-minded economies” to work together – but warned against “solely transactional” trade approaches undermining these relationships. In a Wednesday keynote speech to the US Aspen Security Forum, delivered virtually, Morrison says expanding the scope and scale of co-operation by like-minded economies must be done “thoughtfully”. “Security and trade policy approaches must be well integrated, not at odds with each other,” he says in the address, released ahead of delivery. Although Morrison is unspecific about which countries he has in mind on the trade front, his remarks will be read as a reference to the United States. President Trump’s America First policy, with its aggressive transactional approach and emphasis on “deals” has come with costs for a number of like-minded economies. Morrison says: “A solely transactional approach to trading relationships can undo some gains made in other parts of relationships with like-minded partners. Australia’s foreign policy is not simply transactional.” “As we build the network of like-minded economies, we need to build a greater sense of unity across all elements of our engagement. “That means taking a more pragmatic and rounded approach to our global and regional relationships,” he says. “The sense of unity necessary among like-minded partners can be undermined if positive political and security relationships are accompanied by abrasive or confrontational trade relationships. “We should avoid cases where we build closer strategic co-operation, only to see the cohesiveness of those relationships undermined by trade disputes.” Morrison says he is not suggesting seeking to constrain “the national instinct of our business people and exporters to compete in global markets”. Nor should we “turn a blind eye to unfair trading measures imposed by our friends”. Morrison’s speech continues his recent assertiveness about Australia’s foreign policy and defence stance. Saying that […]

D-Link A/NZ extends COVR Wi-Fi Certified EasyMesh System series

D-Link ANZ has extended its ground-breaking COVR AC1200 Seamless Mesh Wi-Fi System range, one of the world’s first Wi-Fi Certified EasyMesh™ home and home office mesh systems, to now offer a three unit pack (COVR-1103), as well as a single add-on unit (COVR-1100). Adding these new options now truly gives any user the flexibility to cover any home or home office with D-Link’s unique COVR mesh Wi-Fi solution. With high-speed AC1200 Dual-Band Wi-Fi and 11ac Wave 2 with MU-MIMO, the COVR-1100 and COVR-1103 like the COVR-1102 before them are fast enough to support multiple devices undertaking everyday data-intensive tasks like HD streaming and video chats simultaneously. The COVR-1100 is perfect if you’re just starting out in whole home networking or have a smaller space. The COVR-1102 two-pack gives you more reach and coverage up to 325 square metres and the COVR-1103 three-pack truly blankets any home with up to 464 square metres of seamless Wi-Fi. The COVR industry-standard mesh networking technology allows for device flexibility and ease of use, as users can now easily expand any existing COVR mesh Wi-Fi network by adding additional single unit COVR-1100 points as required. That said, if you have a larger space or perhaps a townhouse over multiple levels then the COVR-1103’s three COVR points and optional wired Ethernet backhaul is the system for you. All three COVR systems work with the Google Assistant and Amazon Alexa and all have profile-based Parental Controls for setting boundaries online. They are super simple to set-up with the D-Link Wi-Fi App and Quick VPN capabilities allows you securely connect to a remote network. COVR’s Quality of Service (QoS) prioritises network traffic to minimise the impact of limited bandwidth and its Triple Play VLAN support allows ISPs to provide multiple services with just one router. COVR-1100, COVR-1102 and COVR-1103 […]

ASM production of titanium metal alloy

Australian Strategic Materials’ (ASM) partner, ZironTech has successfully produced another run of titanium metal alloy at the joint venture (JV) commercial pilot plant in South Korea. This subsequent run produced approximately 22 kilograms and confirmed energy savings of up to 50 per cent compared to current commercial production methods. ASM is successfully progressing the pilot plant testwork on low emission, high purity metal technology to produce zirconium, titanium and rare earths for permanent magnet metals. The production of metals indicates significant cost benefits to ASM’s integrated business strategy and is key in the development of the Dubbo Project to supply critical materials. The commissioning of the electrorefining section of the pilot plant is proceeding, which will produce ultra-high purity metal, including neodymium, praseodymium, other rare earth metals, zirconium and hafnium metal. Australian Strategic Materials Managing Director, David Woodall said: “Our progress towards an independent fully integrated ’mine to metal‘ business of critical materials is continuing very well. ASM’s focus is to be a stable, secure and alternate supplier of clean metals for the domestic and global markets with the production of these metals coming from our Dubbo Project in Central West NSW. The clean metal technology can be applied to all the products from the Dubbo Project with our focus on the key critical materials of neodymium, dysprosium, zirconium, hafnium and praseodymium. ASM management is currently in Korea to progress discussions on the commencement of a definitive feasibility of a clean metals plant and the progress of a joint Australian / Korean strategy that could ensure supply security and stability of these critical materials to the Australian and Korean manufacturing sectors.”. ASM continues with the optimisation of the Dubbo Project through the integration of flotation into the proven flowsheet seeking improved project capital and operating costs. ASM’s JV partner continues […]

The safety and cost benefits of an autonomous mining industry

Gaurav Sharma, Head of Industries Business for ANZ, Cognizant Employee safety is a major concern for Australian mining corporations. Even today, with arguably the best mining safety regulations in the world, there continues to be serious injuries and sometimes fatalities. Fortunately, the industry is in a good position to address these concerns with the help of technological advancements in automation. The benefits of automation stretch beyond safety McKinsey estimates that digital innovation in the mining industry can be worth $370 billion per year worldwide in 2025. A key element of digital innovation is automation ― automation of operating equipment, technology functions, and business processes. Already Australia is a world leader in mining equipment automation, including automated trucks, drill rigs, trains and port operations. Implementing automation across various facets of the mining industry can improve safety and improve productivity. While autonomous mining equipment requires companies to inject significant capital, it is balanced by lower operating costs. Automating mining equipment including haul trucks can mitigate the danger of driver fatigue and boost the efficiency of long-haul transportation, adding much more value to the supply chain of the industry. Sensor technology is now so advanced that autonomous trucks could sense even the smallest of hazards — like a bird flying in front of it — and react accordingly. The future has already arrived for autonomous driving in the sector Autonomous operations are now a working reality within the Australian mining sector. One of Australia’s leading mining corporations is a world leader in autonomous mining equipment technology. Since deployment, the company has had zero injuries, highlighting the major safety and productivity benefits that autonomous mining trucks provide. Are autonomous trucks the canary-in-the-coal-mine for other mining jobs? While there is a concern that autonomous trucks will replace jobs in Australia’s mining industry, the good news […]

Books: The Biggest Bluff: How I learned to pay attention, take control and master the odds

Is this the new Moneyball? Maria Konnikova had never actually played poker before and didn’t even know the rules when she approached Erik Seidel – Poker Hall of Fame inductee, winner of tens of millions of dollars in earnings – and asked him to be her mentor. She had faced a stretch of personal bad luck, and her reflections on the role of chance in her life had pointed her to poker as the ultimate master class in learning to distinguish what can be controlled and what can’t. Seidel was in, and soon Konnikova was down the rabbit hole with him, a journey that would lead her to the following year’s World Series of Poker. Then something extraordinary happened. Under Seidel’s guidance, Konnikova began to have many epiphanies about life that derived from her new pursuit, including how to better read not just her opponents but far more importantly herself. She found her way to making better decisions and to a place where she could accept luck for what it is, and what it isn’t. But she also began to win. She even learned to like Las Vegas. In the end, Konnikova is a student of human behaviour, and ultimately the point of her incredible adventure was to render it into a container for its invaluable lessons. The biggest bluff of all, she learned is that skill is enough. This is a book that will focus your mind and strengthen your hand.

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Josh Frydenberg’s budget announcement

Commentary from CreditorWatch CEO Patrick Coghlan, urging the government to look closely at small business measurers to drive Australia’s economic recovery: “Treasurer Josh Frydenberg is right to portray the next financial year as a ‘mountain to climb’ for Australia but it is encouraging that the country is in a good position versus our international counterparts. Whilst 870,000 jobs were lost between March and May, the government’s economic stimulus package and measures included within the Safe Harbour legislation, saved thousands of businesses from going under. “However, now comes the difficult balancing act of tapering off such measures, ensuring that the maximum number of jobs are protected whilst making sure that good money is not wasted on poorly performing companies. CreditorWatch data suggests that in April, May and June, hundreds of companies that in normal times would have gone into administration have been kept afloat. These ‘zombie’ companies will hold back our national recovery, so we’re urging company directors to seek external guidance on whether they have a viable future. “Measures outlined by Small Business and Family Enterprise Ombudsman Kate Carnell on Tuesday will be critical to the recovery of Australia’s small business sector, which employs 44 per cent of all Australians. CreditorWatch data shows payment times in June lengthened to an average of 49 days across all industries. Legislating 30-day payment terms for small businesses will level the playing field for SMEs, whilst the introduction of a “fit for business” grant would provide them with a much-needed injection of capital. This will be money well spent and the government should prioritise such changes so that Australia’s small business sector can help drive the national recovery we need.”

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