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Australia’s annual wage growth hits record high

The Australian Bureau of Statistics’ (ABS) reported Wage Price Index (WPI) for the December quarter showed an increase in wages of 3.3 per cent yearly and 0.8 per cent from the September quarter.

Job vacancies in Australia decrease but remain high at end of 2022

Job vacancies decreased by 5 per cent in November 2022, declining by over 23,000 from August’s result, according to the latest report from the Australian Bureau of Statistics. 
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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.