Tag: economy
Global manufacturing PMI picks up in January, ends 16-month contraction – JP Morgan
The global manufacturing sector began seeing signs of stabilisation at the start of 2024 as output climbed higher and the decline in new orders eased up.
Australian manufacturing PMI shows signs of recovery in January – Judo Bank
Judo Bank's Australia Manufacturing Purchasing Manager’s Index (PMI) for January indicated a stabilisation in the country's manufacturing sector conditions at the beginning of 2024.
Victoria to spearhead economic growth across Australia — Deloitte report
The latest Deloitte Access Economics’ Business Outlook report has revealed Victoria is set to lead all states in economic growth over the next five years, highlighting the success of the state’s strategy for sustainable, job-creating growth.
More than 4 in 5 businesses prioritise buying Australian Made products – survey
More than four in five Australian businesses are choosing to buy locally-made products, according to a new survey from market research company Roy Morgan.
Australia’s private sector sees slower contraction in January, says Judo Bank
At the onset of 2024, Australia's private sector faced continued challenges, with the Judo Bank Flash Australia Composite PMI Output Index reporting a reading of 48.1 in January, indicating a fourth consecutive month of business activity decline.
Australian industry leaders ‘more cautious’ in 2024 – Ai Group survey
Australian industry leaders are entering 2024 with significantly more caution and concern than the year before, according to the latest Industry Outlook report from the Australian Industry Group (Ai Group).
NZ’s manufacturing PMI plunges to 43.1 in December – BusinessNZ
New Zealand’s manufacturing industry saw further contractionary conditions in the last month of 2023, according to the latest BusinessNZ Performance of Manufacturing Index (PMI).
Victorian farmers, manufacturers drive record-level food, fibre exports
Victoria is leading the nation in international food and fibre sales with skyrocketing exports boosting jobs and positioning the state towards achieving a strategic goal years ahead of schedule.
Cashcor Engineering secures Qld’s IPP aid to bolster manufacturing supply chains
Cashcor Engineering, a Cairns-based company, is set to deliver a jobs boost to Far North Queensland and significantly bolster local manufacturing supply chains through funding from the Queensland Government’s Industry Partnership Program (IPP).
South Australia sets export records, surpasses $17.9B in 2023
South Australia has achieved record-breaking export levels, reaching an impressive $17.9 billion for the 12 months ending November 2023.
Featured Article
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.
