Wednesday, April 24, 2024
Home Tags Economy

Tag: economy

Rio Tinto boosts spending with Aussie suppliers to over $16.1B

ASX-listed Rio Tinto has increased its expenditure with suppliers and businesses in Australia to over AUD 16.1 billion in 2023.

‘Future Made in Australia’ plan targets pollution reduction, economic growth – CANA

Climate Action Network Australia (CANA) and Solutions for Climate Australia (SCA) have lauded Prime Minister Anthony Albanese's unveiling of the ambitious 'Future Made in Australia' plan.

Australian manufacturing sector faces steepest decline since May 2020, Judo Bank PMI shows

The latest data released by Judo Bank reveals a concerning trend for Australia's manufacturing sector, as conditions deteriorated at the fastest rate since May 2020.

Australian milk production in full swing, says Rabobank

A recent report from Rabobank indicates that Australian milk production is thriving, with significant growth observed across all dairying regions.

Aussie manufacturing PMI re-enters contractionary territory in February – Judo Bank

Market conditions in Australia’s manufacturing sector deteriorated in February due to sharper falls in output and volumes of outstanding business amid a quicker decline in new orders. 

Zoetis expands presence in Australia with Melbourne manufacturing site acquisition

Animal health company Zoetis has acquired a 21-acre manufacturing site in Melbourne, doubling its manufacturing footprint and setting the stage for enhanced capabilities in developing and manufacturing vaccines for various animals, including sheep, cattle, dogs, cats, and horses.

NAIF investment focus shifts towards economic and social dev’t in Northern Australia

In a joint media release with Minister for Finance Senator the Hon Katy Gallagher and Member for Solomon Luke Gosling, the Australian Government announced updates to the Northern Australia Infrastructure Facility’s (NAIF) investment mandate.

Global manufacturing PMI picks up in January, ends 16-month contraction – JP Morgan

The global manufacturing sector began seeing signs of stabilisation at the start of 2024 as output climbed higher and the decline in new orders eased up. 

Australian manufacturing PMI shows signs of recovery in January – Judo Bank

Judo Bank's Australia Manufacturing Purchasing Manager’s Index (PMI) for January indicated a stabilisation in the country's manufacturing sector conditions at the beginning of 2024.

Victoria to spearhead economic growth across Australia — Deloitte report

The latest Deloitte Access Economics’ Business Outlook report has revealed Victoria is set to lead all states in economic growth over the next five years, highlighting the success of the state’s strategy for sustainable, job-creating growth.

Bits Orchestra

Manufacturing Catalyst

Featured Article

Beyond insights: How CRM solutions are transforming the manufacturing industry

The global manufacturing sector is witnessing a seismic shift in its automation approach as companies worldwide, big or small, grapple with the ongoing labour shortage and skills gap within the industry.