Tag: Australian dollar
Australia’s manufacturing sector expands in August
The Australian Industry Group (AiGroup) has released its monthly Performance of Manufacturing index (PMI) for August which showed an increase of 1.3 points to...
Manufacturing activity bounces back in July
The Australian Industry Group Performance of Manufacturing Index (PMI) rose to 50.4 in July, which is an increase from the 44.2 in June.
The result...
Macfarlane says high Australian dollar still continues to hurt manufacturing
Federal Industry Minister Ian Macfarlane said the biggest issue that continues to hurt Australia’s manufacturing industry is the country’s high dollar, while also admitting...
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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.
