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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.

German Army to receive over 100 Australian-made armoured vehicles

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. 

JP Morgan PMI reveals back-to-back expansion in global manufacturing in February

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.

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. 

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.

Minister King to focus on critical minerals, manufacturing ties in Japan and Korea visit

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 sets export records, surpasses $17.9B in 2023

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

Australian manufacturing PMI ends 2023 with continued downturn – Judo Bank

Contractionary conditions in the Australian manufacturing sector persisted to the end of 2023 as domestic and global demand continued to decline, according to the latest Purchasing Manager’s Index (PMI) data from Judo Bank. 

2024 promises to boost Aussie agricultural exports with new trade agreements

In a positive outlook for the agricultural sector, Australia anticipates another robust year of exports in 2024, fueled by improved market access and tariff rate cuts.
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