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Australian SME manufacturers see 4.5% revenue boost, signalling sector recovery

Australian small and medium-sized enterprise (SME) manufacturers are experiencing a wave of optimism as new data reveals a 4.5 per cent rise in sales revenue across industries for the third quarter of 2024.
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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.