Tag: cost crisis
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.
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From cost exposure to cost control: Using energy flexibility to protect margins
Electricity price volatility is reshaping the cost base of Australian manufacturing, challenging long-held assumptions that energy can be treated as a stable operational input.
