Tag: economy
Australian industry slips further into contraction in July, says Ai Group
The Ai Group Australian Industry Index posted a rating of -14.7 points in July, indicating contractionary conditions and marking the index’s 15th month in the negative territory.
Australia’s Economic Complexity Index ranking drops to survey’s bottom third
Australia’s ranking in the world’s Economic Complexity Index (ECI) has plummeted by 12 positions in the past 10 years, placing 93rd out of 133 countries, according to a new report from Harvard Kennedy School.
Public comments sought to update Australia’s critical minerals list
The Department of Industry, Science and Resources is seeking public feedback on updating Australia’s critical minerals list after the Critical Minerals Strategy 2023-2030 was released last month.
WA gov’t grants Pacific Energy $2.4m to bolster manufacturing, economic diversification
Western Australia Premier Roger Cook has visited Pacific Energy's Perth Airport manufacturing facility to grant the company up to $2.4 million in funding on behalf of his government's Investment Attraction Fund.
New Zealand manufacturing industry contracts to lowest level of activity since 2022
New Zealand’s manufacturing sector slipped further into contraction territory in June, dragged by lower rates in production and new orders.
Australian manufacturing sees further decline in June— Ai Group
Australia’s manufacturing industry slipped further into contraction territory in June, led down by the chemicals industry, according to the latest survey from the Ai Group.
New orders drag down Australian manufacturing PMI in May— Judo Bank
The health of Australia’s manufacturing industry has continued to see a downturn in May, with the headline seasonally adjusted Judo Bank Australia Manufacturing PMI posting a 48.4, up from April’s 48.0.
Real-time data can solve the top three challenges of the owner-contractor relationship
Today’s economic conditions continue to create challenges in the global business environment, particularly in manufacturing.
Australian private sector sustains growth despite decline in manufacturing
Australia’s private sector has seen a continued expansion in May, posting above the 50.0 no-change mark for a second consecutive month amid sustained expansion in services activity as manufacturing output shrank for a sixth straight month.
New critical technologies list to help secure Australia’s future
The Australian government has updated the List of Critical Technologies to support fields that will have a high impact on Australia’s national interest and help secure the country’s future.
Featured Article
How a small pet food manufacturer supports a 5x increase in production capacity
For Advanced Pet Care of Australia, scaling into one of Australia’s top pet food manufacturers required more than new production capacity – it required better systems.
