Australia’s manufacturing sector records first contraction of 2025, S&P Global reports
Australia’s manufacturing sector contracted for the first time this year, as new orders declined both domestically and overseas, according to the latest S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI).
Global factory output surge amid aggressive front-loading – JP Morgan
Global manufacturing production reached a near five-year high in May as clients purchased goods earlier to protect themselves against price increases and supply chain disruptions.
Australian Workers’ Union says new coal caps leave manufacturing industry exposed
The Australian Workers’ Union (AWU) said the new coal caps passed by the New South Wales Parliament today would leave industry exposed by not capping the price of coal sold to steel, chemical, and cement facilities.
New business index drags down US PMI Composite Output in December
December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global.
Orica continues strong performance in 1H FY 2023
Orica has reported $323 million in underlying earnings for the half-year that ended on 31 March, reflecting a 32 per cent increase on the prior corresponding period.
Victoria leading in Australia’s economic growth, says ABS
Victoria’s State Final Demand has seen a 6.5 per cent expansion over the past year, confirming that the state has recorded the strongest economic...
ASX-listed Telix Pharmaceuticals unveils potential plan for US listing
Melbourne-based biopharmaceutical giant Telix Pharmaceuticals announced today its plans for an initial public offering in the United States and listing on the Nasdaq Global...
Manufacturing among sectors supporting Australia’s rise in new capex, ABS says
Australia’s manufacturing sector featured prominently in the latest increase in business investment, with new capital expenditure rising 6.4 per cent in the September quarter, according to figures released by the Australian Bureau of Statistics (ABS).
Orica acquires leading geospatial tools maker Axis Mining Technology
ASX-listed mining company Orica has completed the acquisition of Axis Mining Technology, a manufacturing leader for specialised geospatial tools and instruments for the mining industry.
Sparc Technologies releases latest activities report with promising outcomes
Australian graphene production company Sparc Technologies has provided its June 2023 Quarterly Activities Report sharing continued progress in its graphene products, sodium-ion batteries as well as its research and development initiatives.
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Responding to manufacturing demand and performance signals
Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.
