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Australian private sector continues expansion streak in June— Judo Bank

Australia’s private sector has remained in expansion at the end of the second quarter of the year, despite the manufacturing sector posting below the 50.0 neutral mark in June, according to the Judo Bank’s latest PMI report. 

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. 

US private sector’s output drives fastest uptick in business activity in a year

The United States private sector saw a renewed expansion in business activity in March as manufacturers and service providers in the country reported upturns in output, with service sector firms driving the increase. 

Australian private sector activity dragged down by low business activity in March

Australian private sector’s output slumped in March following a deterioration in demand conditions that led to lower business activity. 

Federal Budget’s manufacturing allocation geared towards collaborative projects

The cornerstone of the Federal Budget’s $1.5 million investment in manufacturing is the $1.3 billion Modern Manufacturing Initiative, which aims to drive lasting change...

Latrobe Valley dairy farmers could soon trade energy via blockchain thanks to ARENA-backed project

A new feasibility into a virtual microgrid for the Latrobe Valley could see local farmers buy and sell locally generated renewable energy using blockchain. Led...

$33bn initiative to create 21st century jobs and a skilled economy

Premier Denis Napthine yesterday unveiled a $33 billion initiative which is expected to create 200,000 jobs and provide training for nearly one million Victorians. According...

New Efic Export Monitor focuses on rural exports, global supply chains and China’s urbanisation

Specialist financier and Australia's export credit agency, Efic, has released its latest Export Monitor that sheds light on the effect global supply chains have...
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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.