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Australian manufacturers to face enduring cost crisis in 2023

The Australian manufacturing sector is set to see a downward trend in the upcoming months as high inflation, spiralling energy costs, and ongoing labour shortage drag the industry's economic outlook, according to the latest ACCI-Westpac Survey of Industrial Trends. 

Australian manufacturers’ economic outlook slumps in December

The outlook for Australia’s manufacturing sector has taken a dive in December following a sharp decrease in industry output, according to the latest Industrial Trends Survey conducted by Westpac and the Australian Chamber of Commerce and Industry (ACCI). 

Australian manufacturers benefit from sector recovery but face escalating costs

A recent report from the Australian Chamber of Commerce and Industry-Westpac has highlighted impending supply shortages and escalating costs as the major challenges Australian...
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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.