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Manufacturing remains in deep contraction in May, according to report

The Australian PMI recovered marginally in May but remained in deep contraction in as COVID-19 restrictions affected demand across the board.  According to Ai Group’s latest...
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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.