Tag: CommBank

Australia’s planned $425 billion defence capability investment over the next decade could support advanced manufacturing, workforce development and productivity, according to Commonwealth Bank (CommBank), as the government seeks to strengthen the country’s sovereign defence capabilities.

Australia’s manufacturing sector could play a greater role in accelerating housing construction as prefabricated homes shift more building work from construction sites to factory floors, according to CommBank.

Manufacturing is at the centre of a new industry-wide contract launched by PrefabAUS to support the faster delivery and financing of factory-built homes across Australia.

CommBank has highlighted Australian manufacturing company Hysata’s development of energy-efficient hydrogen electrolysers, following the company’s first commercial order and $172 million capital raise to scale up manufacturing.

For manufacturers supplying consumer-facing markets, understanding demand conditions has become increasingly important in an environment shaped by cautious spending, rising costs and intense competition.

Australia’s manufacturing sector entered 2026 with improving momentum, but renewed global disruption is again testing resilience across the industry.

The NSW Government will fund a new modular housing manufacturing hub as part of its upcoming state budget, aiming to increase housing supply through faster and potentially lower-cost construction methods.

Australian businesses are reporting significant productivity gains after investing in new vehicles, machinery, and technology, with manufacturers and farmers leading the charge, according to new data from Commonwealth Bank of Australia.

Outdated assumptions and stereotypes surrounding manual labour have meant manufacturing has always been one of the most male-dominated industries in Australia. In 1998, the Australian Government’s Workplace Gender Equality Agency reported that just 25.9% of its workforce was female.

Business leaders have convened at the recent CommBank Western Sydney Manufacturing Roundtable to tackle factors that impact digital transformation in the manufacturing industry.