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Australia’s manufacturing sector contraction eases as optimism rises

Australia’s manufacturing sector continued to face challenges in November, but the pace of contraction eased significantly, signalling potential stabilization in the coming months. 
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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.Â