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...