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Australian industry leaders ‘more cautious’ in 2024 – Ai Group survey

Australian industry leaders are entering 2024 with significantly more caution and concern than the year before, according to the latest Industry Outlook report from the Australian Industry Group (Ai Group). 

NZ’s manufacturing PMI plunges to 43.1 in December – BusinessNZ

New Zealand’s manufacturing industry saw further contractionary conditions in the last month of 2023, according to the latest BusinessNZ Performance of Manufacturing Index (PMI). 

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. 
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Balancing profit and sustainability in supply chains

Priorities in the supply chain are expanding, moving away from cost as the main driver behind purchasing decisions. Now, sustainability and ethical sourcing are grabbing a portion of the spotlight.