Tag: forecast
Resource and energy export earnings expected to decline as prices stabilize
Australia’s resources and energy export earnings are forecast to normalize over the next two years as commodity prices return to long-term levels following the price spike after Russia invaded Ukraine.
Fonterra reports strong interim results for FY24
New Zealand dairy giant Fonterra has unveiled robust interim results for FY24, marked by a significant rise in profits and an enhanced dividend payout.
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.
XTEK expects record revenue of $88m in upgraded FY23 forecast
Defence industry company XTEK has updated its FY23 results guidance, anticipating record revenues for FY23 of between $86 million to $88 million up by circa 50 per cent compared to the previous recorded revenue of $58.2 million.
Manufacturing trends in 2022 and what lies ahead
The Australian manufacturing industry has seen dynamic trends in 2022 as it still recovers from the consequences of the COVID-19 pandemic. It is no secret that the industry is still dealing with the remnants of the disruptive global event as it weathers through challenging issues such as skills gaps, supply chain bottlenecks, and workforce shortages.