Gibson Island plant to close The Australian newspaper today (8 Nov 21) announced Incitec Pivot’s decision to close its Gibson Island plant in Brisbane, at the end of 2022. The stated reason is the inability of the company to negotiate suitably priced gas supply...
It’s no secret that global political tensions have not been as volatile in this current generation. Without trade diversity, many key Australian industries are counting the cost of deteriorating relations. Australia is a primary product exporting nation, with a...
Planned maintenance is a preventative measure used to maximise capital investment. After all, you want your assets to go the distance, don’t you? If your organisation, company or business has a reactive maintenance strategy, the consequences that relate to a lack of...
Capital is bad, and operational expenditure is good as it’s a tax write off – right? When comparing Opex vs Capex, this couldn’t be further from the truth. Most businesses, on just about every scale, will encounter the concepts of capital expenditure...
I just received my replacement wheelie bin today, after the last rubbish collection destroyed the former bin of 26 years’ service. That’s now consigned (hopefully) to the recycler’s grinder to become feedstock for new HDPE bins. At a replacement cost of $106.77,...
Introduction In the past two articles, we looked at the difference between OPEX (operating expenditure) and CAPEX (capital expenditure.) We discussed the importance of how the CAPEX planning process was used by the business. We followed how the process is applied, by...
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