Australia is not alone in facing a productivity slowdown as developed economies globally look to overcome the same challenge; which is undoubtedly the catalyst for the wave of technological change happening today. The Australian Productivity Commission has blamed, “falling investment in research and development and a lack of innovation by local companies for the recent…
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.