Tag: GDP
CSIRO launches $20 million investment to drive SME innovation
Australia's national science agency CSIRO has unveiled a $20 million investment aimed at providing small to medium enterprises (SMEs) with enhanced access to crucial research and development (R&D) opportunities, facilitating their accelerated growth.
Kimberly-Clark Australia’s $520M GDP boost and local job impact revealed in new report
In a freshly released report, Kimberly-Clark Australia emerges as a significant force in the nation's manufacturing domain, injecting $520 million into the GDP annually while bolstering over 2,600 jobs locally.
ATSE urges gov’t to boost R&D investment and climate targets in federal budget
The Australian Academy of Technological Sciences and Engineering (ATSE) is calling on the Australian Government to substantially increase research and development (R&D) funding in...
Australia’s labour productivity rebounds in Q3, but challenges loom
The Productivity Commission's latest research indicates that Australia's labour productivity, which had been in a prolonged decline, has shown a modest increase of 0.9 per cent in the September 2023 quarter.
New Zealand manufacturing shows signs of recovery despite lingering contraction
The latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI) has revealed a positive shift in New Zealand's manufacturing sector during November, signalling a break from the recent trend of decline.
Ageing workforce, manufacturers moving overseas threaten Australia’s making economy
The future of Australia’s local manufacturing industry is under threat as the country faces a declining skilled workforce, according to an expert.
New Zealand’s manufacturing PMI on a ‘downward spiral’ in October
Market activity in New Zealand’s manufacturing industry has gone on a downward spiral into contraction in October, according to the latest BusinessNZ Performance of Manufacturing Index (PMI).
RV manufacturers, tech providers gather to tackle big issues at annual caravan industry conference
The Caravan Industry Association of Australia’s annual National Conference is kicking off at Royal Pines on the Gold Coast from 10 to 12 May to converge RV manufacturers and technology providers and discuss big topics arising across the industry.
New National Robotics Strategy needed to foster advanced manufacturing— Albanese government
The Albanese government has published a discussion paper on the development of a new National Robotics Strategy as part of an effort to foster advanced manufacturing in Australia.
CRA targets economic recovery in new recommendations
In a recently published 2023-2024 Pre-Budget Submission, Cooperative Research Australia (CRA) said it is urging the Federal Government to drive economic growth through innovation and collaboration and expand on proven initiatives for industry-led research collaboration.
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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.
