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Australia’s private sector sees slower contraction in January, says Judo Bank

At the onset of 2024, Australia's private sector faced continued challenges, with the Judo Bank Flash Australia Composite PMI Output Index reporting a reading of 48.1 in January, indicating a fourth consecutive month of business activity decline.

Australian manufacturing PMI ends 2023 with continued downturn – Judo Bank

Contractionary conditions in the Australian manufacturing sector persisted to the end of 2023 as domestic and global demand continued to decline, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank. 

Australia’s $15B National Reconstruction Fund now open for investments

The $15 billion National Reconstruction Fund is now poised to initiate investments aimed at fostering the growth of Australia's industrial capabilities, with a focus on generating secure and well-paid job opportunities for the future.

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.

The lure of East Asia: How to do manufacturing business in China and Hong...

East Asia’s booming economic growth is becoming increasingly attractive to companies looking to expand outside their home markets. In particular, both China and Hong Kong have the potential to be highly prosperous bases for businesses, including those involved in manufacturing.

Global CEO confidence collapses to bleakest record in 12 years

Chief executive officers around the world are expecting a bleak future, with nearly three-quarters of them believing that global economic growth will decline over the next 12 months. 

Australian PMI: Manufacturing expands in April

The Australian Industry Group's Australian Performance of Manufacturing Index (Australian PMI®) rose 2.8 points to 58.5 in April, the highest monthly result since July...

CSIRO and Google announce five-year $1bn partnership

Google Australia has announced a $1 billion Digital Future Initiative investing in Australian infrastructure, research and partnerships. Aimed at accelerating Australia’s progress to becoming a...

How manufacturing companies can achieve quick wins from collaboration projects

Article by Sam Deckert, Founder and Principal Consultant at Peak Insight Of all the factors that determine success in the manufacturing sector, one of the...

CSIRO report identifies 5 key barriers due to which Aussie businesses fail to realise...

Australia’s national science agency, CSIRO, has identified five reasons Australia’s businesses miss out on innovation. Led by the CSIRO Futures team, the Value of science...
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Top 3 digitisation outcomes for Aussie manufacturers

As the Australian manufacturing sector faces the challenges and transformations that come with rapid globalisation, the role of digital technology within the industry has never been more critical.