Australian private sector continues to slow down in December
The latest Judo Bank Australia Composite PMI result marks a decline from November’s 48.0 and signals a third consecutive contraction in private sector output.
Judo Bank: Australia’s manufacturing PMI slips to 50.0 in January
The manufacturing sector in Australia slipped into stagnation in January with a manufacturing Purchasing Managers’ Index (PMI) score of 50.0, down from 50.2 in December 2022, marking the conclusion of a 31-month growth streak.
DroneShield unveils new DroneGun Mk4 in response to user feedback
DroneShield has introduced a game-changing new product, DroneGun Mk4TM, following considerable development in response to end-user input, the company announced in a press release.
VEEM reports record financial results for FY24: NPAT soars by 70% to $7M
VEEM, a prominent designer and manufacturer of high-technology marine propulsion and stabilisation systems, has announced record financial results for the year ending 30 June 2024.
First Graphene to trial graphene-enhanced sustainable cement
Graphitic materials provider First Graphene said it is slated to begin one of the world’s largest-scale trials of graphene-enhanced green cement in June.
Survey: New Zealand’s manufacturing sector expands in July
The BusinessNZ Performance of Manufacturing Index (PMI) reported an expansion for New Zealand’s manufacturing sector in July.
The seasonally adjusted PMI for July was 52.7...
JP Morgan index shows global manufacturing contraction returns
Global manufacturing activity slipped back into contraction in July, as weak demand, lower exports, and cautious sentiment continued to weigh on production across major regions, according to the latest J.P.Morgan Global Manufacturing PMI.
ARB Corp revenue slips 5.1% amid vehicle availability disruptions
ARB Corporation Limited is in the red on the release of the company’s first-half earnings, posting a 5.1 per cent sales revenue decline to $340.9 million compared with the prior period as vehicle availability continues to constrain sales in Australia and the United Kingdom.
IperionX secures $20 million placement to expand titanium production
Sustainable titanium metal producer IperionX Limited has completed a $20 million placement to advance and scale the company’s patented titanium technologies.
US manufacturing sector sees fastest PMI deterioration in December
US manufacturers have seen a steep decline in the health of the industry during the last month of 2022, according to the latest PMI...
Featured Article
How growth capital is helping an Australian manufacturer go global
There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.
