Global Manufacturing activity sees slower downturns in November
The Global manufacturing sector is moving closer to stabilisation in November, according to the latest composite index from JP Morgan and S&P Global.
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.
Australian wine industry faces high stock levels amid steady sales, production cut
Despite a challenging year marked by the lowest wine production in 15 years, the Australian wine industry continues to face pressure from historically high national wine inventory levels, as revealed in Wine Australia's Wine Production, Sales, and Inventory Report 2023.
XTEK’s HighCom receives $2.8M ballistic armour order from int’l customer
XTEK Limited’s HighCom Armor Solutions business has secured a $2.8 million order to supply its high-end ballistic body armour products to an undisclosed international customer.
XTEK wins new purchase order to support Australian Defence’s SUAS capability
ASX-listed company XTEK Limited has received a spare parts order from the Australian Department of Defence to support its newly acquired Small Uncrewed Aerial Systems (SUAS) capability, which was announced in December 2022.
New Zealand’s manufacturing PMI on a ‘downward spiral’ in October
Market activity in New Zealand’s manufacturing industry has gone on a downward spiral into contraction in October, according to the latest BusinessNZ Performance of Manufacturing Index (PMI).
Orica reports surge in full-year net profit, forecasts earnings boost for FY24
Mining and infrastructure solutions developer Orica Limited has revealed robust financial results for the year ending 30 September 2023, showcasing a significant uplift in performance driven by effective strategy execution and commercial discipline.
Global manufacturing downturn in October marks longest deterioration sequence since 2002 – JP Morgan
The global manufacturing industry continued to see contractionary conditions in October as output declined for the fifth consecutive month dragged by further deterioration in new orders.
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.
New Zealand manufacturing contracts further in September, says BusinessNZ
The manufacturing sector in New Zealand saw a deeper slide into contraction during September with the seasonally adjusted PMI valued at 45.3, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).
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How growth capital is helping an Australian manufacturer go global
There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.
