Australian industry slips further into contraction over fall in new orders
The Ai Group Australian Industry Index slumped further in March as the industry sees a fall in demand, while the manufacturing sector rebounded led by improvements in the chemicals and food & beverage sectors.
EMVision bags $1.75m manufacturing grant payment
Brain imaging company EMVision Medical Devices Limited has received a cash progress payment of $1,750,000 under its Modern Manufacturing Initiative (MMI) grant award.
New Zealand manufacturing growth reaches five-year high as PMI surges
New Zealand's manufacturing sector recorded its strongest monthly expansion in nearly five years, with the latest BNZ–BusinessNZ Performance of Manufacturing Index (PMI) rising sharply in June, according to the New Zealand Government.
Small business optimism declines as expectations for better business conditions worsens in December
The NFIB Small Business Optimism Index declined 2.1 points in December to 89.8, marking the 12th consecutive month below the 49-year average of 98.
Fonterra raises earnings and milk collection forecasts for FY25
Fonterra Co-operative Group Ltd has indicated that its earnings for the 2025 financial year are expected to be in the upper half of its previously forecast range of 40 to 60 cents per share.
Austin marks first sale of Mainetec dipper bucket in US
Global mining equipment designer and manufacturer Austin Engineering has sold its first Mainetec-designed dipper bucket to a customer in the United States.
Manufacturing slips into contraction as inflation pressures mount, S&P Global says
Australia’s manufacturing sector moved back into contraction in March, according to data from S&P Global, with the downturn driven by weaker demand and rising cost pressures linked in part to geopolitical tensions.
JP Morgan: Global manufacturing momentum eases as PMI slips in November
Global manufacturing growth eased in November as the JP Morgan Global Manufacturing PMI slipped to 50.5, down from 50.9 in October, marking the lowest reading in the current four-month expansion.
ReNu Energy invests additional $250,000 in battery casing manufacturer Vaulta
ReNu Energy has completed its third tranche investment in battery casing technology company Vaulta Holdings valued at $250,000 through the exercise of options from the first two tranches made in January and April.
XTEK wins new purchase order to support Australian Defence’s SUAS capability
ASX-listed company XTEK Limited has received a spare parts order from the Australian Department of Defence to support its newly acquired Small Uncrewed Aerial Systems (SUAS) capability, which was announced in December 2022.



























