
Eagers earnings outlook hit by global chip shortage
Eagers Automotive has downgraded its profit guidance for the first half of the year as a shortage of chips along with Russia’s invasion of Ukraine and China’s lockdowns impact the supply chain.
Eagers Automotive has downgraded its profit guidance for the first half of the year as a shortage of chips along with Russia’s invasion of Ukraine and China’s lockdowns impact the supply chain.
Novonix has stitched up a deal with its biggest shareholder Phillips66 that could lead to a significant jump in battery materials production.
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The consumer watchdog has received 1800 complaints of price gouging for rapid antigen tests as Queensland business said the lack of test kits was a critical factor in the crippling of the supply chain and staff shortages.
Jeweller Michael Hill International is still booming despite lockdowns that shuttered stores on southern states for up to five weeks.
Queensland battery components maker Novonix has taken another step in its Americanisation with the announcement it had started the process of a Nasdaq listing.
The value Brisbane battery play Novonix has surged past $5 billion gifting its biggest shareholder a $630 million profit in four months.