Tag: productivity
Australia’s 4.6% decline in labour productivity driven by pandemic, low unemployment rate
The Productivity Commission’s 2023 Bulletin has revealed that the 4.6 per cent fall in labour productivity for the 12 months to March 2023 is brought about by the unwinding of COVID-19-related effects and historically low unemployment rate.
Real-time data can solve the top three challenges of the owner-contractor relationship
Today’s economic conditions continue to create challenges in the global business environment, particularly in manufacturing.
Federal budget measures only partially address industry’s needs – Ai Group
The Federal Government’s first annual budget for 2023-24 has the industry talking, with Ai Group’s Innes Willox remarking the budget “unfortunately lacks the urgency and imagination required to power the Australian economy through a period of anaemic growth.”
People and productivity: Achieving business sustainability for manufacturing leaders
As the manufacturing industry evolves over time and competition increases, business leaders are forced to develop ways to remain competitive and drive growth. However, some business leaders seem to fall short of strategies to diversify lines of business to achieve sustainability.
Swisslog and SCLAA showcase automation in action at Linfox BevChain
Warehouse automation leader, Swisslog, in collaboration with the Supply Chain and Logistics Association of Australia (SCLAA), has taken guests on an exclusive tour of Linfox BevChain to get a first-hand look at how automation can save space and boost productivity.
Sutton Tools achieves a 10% improvement on its surface finish and gains traction in...
Sutton Tools, the largest manufacturer of rotary shank cutting tools in Australia, has announced that it is now producing superior tools by improving its...
Rockwell Automation launches IO-Link Master and Sensors for smarter manufacturing
Rockwell Automation has launched IO-Link-enabled sensors that provide a continuous flow of diagnostic information from the production line, helping better predict maintenance needs.
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Productivity decline in the crosshairs at Innovation Summit
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Productivity decline in the crosshairs at Innovation Summit
How can the Australian government and industry work together to ensure our continuing competitiveness in the...
ABB’s new Regional Robotics Packaging Application Hub to boost productivity in Southeast Asia
ABB, the leader in power and automation technologies, has announced the official opening of its Regional Robotics Packaging Application Hub in Singapore that is set...
Victorian Coalition Government announces 36 red tape reforms
Acting Premier and Minister for State Development Peter Ryan and Treasurer Michael O’Brien have announced 36 red tape reforms to increase productivity and reduce...
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The future of sports manufacturing: Inside M2M Group’s AI-powered strategy
As the sports manufacturing industry evolves, artificial intelligence (AI) is emerging as a critical catalyst for innovation and efficiency.
