Tag: Australia
Australian manufacturing PMI sees stability amid improvement in new orders
Australia’s manufacturing sector has seen a further expansion in February amid a moderated decrease in new orders as firms worked through their outstanding orders.Â
Weld Australia lauds energy apprenticeships initiative but calls for further improvement
Weld Australia has welcomed the federal government's New Energy Apprenticeships program but noted that much more needs to be done to address the country's skilled welder shortage.
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. Â
ARCC completes groundbreaking all-Australian hydrogen fuel cell bus
New South Wales-based ARCC has unveiled an all-Australian hydrogen fuel cell bus— the first of its kind to self-sufficiently produce zero emissions.Â
Minister Husic visits US to strengthen commercial relations
Minister for Industry and Science Ed Husic has begun promoting Australia as an advanced commercial, science, and technology partner during his visit to the United States.Â
Australia’s unemployment rate in December remains flat at 3.5%
Australia’s unemployment rate remained at 3.5 per cent in December 2022 in line with the updated results for November, according to the ABS.
Monash leads nuclear materials research for Aussie submarines
The world’s attention is now on Monash University for a recently published study that seeks to help nuclear-propelled submarines to remain underwater, undetected and for much longer.Â
North Qld’s Townsville Hydrogen Hub to receive $70m federal investment
The Australian government has announced $70 million in support for the development of the Townsville Hydrogen Hub, accelerating the growth of North Queensland’s hydrogen industry.Â
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.Â
Bodd closes $5 million funding round
Australian data and insights startup Bodd is pleased to announce it has raised $5 million in an oversubscribed funding round.