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JP Morgan PMI reveals back-to-back expansion in global manufacturing in February

February witnessed a resurgence in global manufacturing activity, with production marking its second consecutive month of expansion, fueled by a return to growth in new order intakes.

Australian job vacancies ease in February but remain high historically

Australia's job vacancies dropped in the three months leading up to February, the third consecutive quarter of decline, but figures remain significantly higher than levels prior to the pandemic, indicating a competitive labour market, according to the latest Australian Bureau of Statistics (ABS) data.
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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.