RWC signs $160M acquisition of Holman Industries
Reliance Worldwide Corporation (RWC) has agreed to acquire Holman Industries, a leading manufacturer and distributor of branded plumbing and watering products in Australia, for $160 million.
Orica reports strong half-year performance driven by core blasting business
Orica has reported robust financial results for the half-year period driven by a surge in earnings from its core blasting business and growth in technology and digital solutions.
Austal delivers strong revenue results with long-term programs growth
Global shipbuilder Austal has recorded FY2022 H1 revenue of $775.0 million supported by strong growth in the sustainment business, with revenue from the segment rising 67 per cent to $194.6 million.
Australian Manufacturing PMI declines to 50.2 in December— Judo Bank
Market activity in Australia’s manufacturing sector has experienced further contraction at the end of 2022, with the seasonally adjusted S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) standing at 50.2.
March sees surge in global manufacturing output – JP Morgan PMI report
In a promising sign for the global economy, March witnessed a robust acceleration in the rate of growth in manufacturing production, reaching its highest level since June 2022, driven by a surge in new orders.
New business index drags down US PMI Composite Output in December
December has seen a further decline in output for US private sector firms, according to the latest flash PMI data from S&P Global.
Small business optimism declines as expectations for better business conditions worsens in December
The NFIB Small Business Optimism Index declined 2.1 points in December to 89.8, marking the 12th consecutive month below the 49-year average of 98.
BlueScope updates external reporting segments to streamline North America operations
BlueScope is set to make modifications to its external reporting segments to consolidate and simplify the reporting of its North American operations, following its recent acquisitions in the United States.
New Zealand’s PMI dips by 2.8 points in September
New Zealand’s manufacturing industry saw a slower expansion rate in September, according to the latest BusinessNZ Performance Manufacturing Index.
Australian manufacturing PMI drops further in October – Judo Bank
Australia’s manufacturing sector saw further contractions in October after the rate of new orders dropped amid worsening demand conditions, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank.
Featured Article
“New Starts Here”: AGHA launches national platform for gift and homewares
Australia’s peak organisation for the gift and homewares sector, the Australian Gift & Homewares Association (AGHA), has revealed plans for a major expansion in 2026, introducing Gifted Melbourne 2026 to complement the long-established AGHA Sydney Gift Fair.
