Tag: export

Australia has sealed a manufacturing deal for 123 Boxer Heavy Weapon Carrier vehicles, with over 100 slated for export to the German Army, marking the country's largest foreign military export to Germany to date.

The Australian Government ramps up its backing for the local defence industry by unveiling the latest Australian Defence Export Catalogue.

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.

More than 100 Boxer Heavy Weapon Carrier vehicles will be built at Rheinmetall’s facility in Queensland as part of the Australian government’s defence export agreement with Germany. 

February witnessed a resurgence in global manufacturing activity, with production marking its second consecutive month of expansion, fueled by a return to growth in new order intakes.

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. 

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. 

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.

Minister for Resources and Northern Australia Madeleine King is set to embark on a diplomatic mission to Japan and the Republic of Korea (ROK) this week in a move to bolster investment in Australian resources projects and strengthen Australia's reputation as a reliable export partner.

South Australia has achieved record-breaking export levels, reaching an impressive $17.9 billion for the 12 months ending November 2023.