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Australian manufacturing PMI reports continued contraction in November

Downturns in Australia’s manufacturing industry persisted in November, resulting in the lowest reading in the eight-year history of Judo Bank’s Purchasing Manager’s Index (PMI) survey outside of lockdown periods. 

Report: Recycling bins remain leading environmental solution for many Australians

Three-quarters of Australians (74 per cent) still believe that a trip to the recycling bin is the most impactful initiative they can do for the environment, according to a new report from the Australian Packaging Covenant Organisation (APCO) 

MSA launches online survey to tackle vocational trainer shortage in Australia’s manufacturing sector

Australia is facing a pressing challenge in its journey towards building a skilled and sustainable manufacturing workforce. With a growing shortage of vocational trainers, particularly Technical and Further Education (TAFE) teachers, the nation's ability to pass on essential vocational skills to the next generation is at risk. 

Survey: Australian companies need to accelerate decarbonisation to boost economic competitiveness

New research from Schneider Electric has highlighted the urgent need for Australian businesses to boost their decarbonisation effort to bolster their economic competitiveness. 

Global manufacturing PMI remains in contraction in September— JP Morgan

The JP Morgan Global Manufacturing Purchasing Managers’ Index (PMI) remained in the contraction territory at the end of the year’s third quarter, posting a 49.1 rating in September up from August’s 49.0.

AI revealed as top technology needed in industry’s servitisation shift — survey

Artificial intelligence is the top technology companies need to drive tangible business value as they sift to a servitised business model, according to a survey conducted by global cloud enterprise software company IFS.

Australian industries see easing in supply chain pressures in August— Ai Group

Supply chain pressures continue to ease for Australia’s industrial sectors, with the Ai Group Industry Index posting an increase of 3.1 points in August to -11.6. 

Global manufacturing PMI reports slower contraction in August

The global manufacturing sector remained in contraction in August, albeit at a slower pace, as rates of contraction ease for output and new orders, according to J.P. Morgan. 

Australian manufacturing PMI remains unchanged in August— Judo Bank

The Australian manufacturing sector continued to contract in August at a rate similar to July's, with the headline seasonally adjusted Judo Bank Australian Manufacturing PMI posting the same result of 49.6. 

Businesses increase supply chain focus to accelerate decarbonisation efforts – research says

Schneider Electric Sustainability Index 2023 report has revealed that companies are concentrating more on supply chains to reduce their emissions with 78 per cent of business leaders agreeing that ‘companies can significantly address their carbon footprint through greater visibility of environmental outcomes across their supply chain’.
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