Tag: economy
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.Â
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).Â
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).Â
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.Â
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).Â
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.
Global manufacturing PMI remains in contractionary territory at end of 2023
The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month.Â
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy
As the sports manufacturing industry evolves, artificial intelligence (AI) is emerging as a critical catalyst for innovation and efficiency.
