Tag: foreign demand
New orders drag down Australian manufacturing PMI in May— Judo Bank
The health of Australia’s manufacturing industry has continued to see a downturn in May, with the headline seasonally adjusted Judo Bank Australia Manufacturing PMI posting a 48.4, up from April’s 48.0.
Australian private sector sustains growth despite decline in manufacturing
Australia’s private sector has seen a continued expansion in May, posting above the 50.0 no-change mark for a second consecutive month amid sustained expansion in services activity as manufacturing output shrank for a sixth straight month.
Featured Article
Circular beds: Revolutionising sustainable bedding in Australia
A new wave of innovation is transforming the Australian manufacturing sector, with sustainability at its core. ROBOVOID, in collaboration with Swinburne University, GT Recycling, and Sustainability Victoria, has developed a groundbreaking bed base made entirely from recycled plastic.
