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Manufacturers dial up investment in technology and sustainability

The Commonwealth Bank has recently launched its first Manufacturing Insights Report. The report speaks to hundreds of manufacturers of different sizes and types, in which they were asked about their financial performance during the pandemic, how well they adapted, and their approach to business in the year ahead.

Digitisation and sustainability drive manufacturing

Australian manufacturing is thriving despite cost pressures, supply chain issues and labour shortages. A new CommBank report shows how digitisation and sustainable practices are reshaping the sector.

The Australian manufacturing sector is approaching a new growth phase

While there is no doubt the current health pandemic has had an impact on many Australian manufacturers, the inaugural CommBank Manufacturing Insights report suggests the sector is on the precipice of a new growth phase.
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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.