Thursday, September 19, 2024
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Global manufacturing PMI falls as production and orders dip – JP Morgan

The global manufacturing sector showed further signs of weakness in August, with declines in production, new orders, and employment. 

Local steel manufacturers facing financial strain from imported steel price cuts, ASI reports

The Australian Steel Institute (ASI), the peak body for the local steel industry, is urgently seeking state and federal government intervention to support local steel fabricators and manufacturers. 

Businesses boost AI investment, embrace new IT architecture, research reveals

Companies across Australia and New Zealand are increasing their investments in artificial intelligence (AI), recognising it as a key driver of growth and innovation, according to a new survey commissioned by Schneider Electric.

Ai Group reveals soaring demand for technical and trade skills in 2024

Ai Group's Centre for Education and Training (CET) has released survey data revealing that technicians and trades workers are in high demand and increasingly difficult to find.

Manufacturing CFOs prioritise operational resilience, says SYSPRO survey

SYSPRO, a global provider of ERP software, today unveiled the findings from its third annual Global CFO Survey, indicating a notable shift in focus among manufacturing Chief Financial Officers (CFOs) towards enhancing operational resilience.

Australians urged to shape future of mining industry through national survey

Australians aged 18 and above are encouraged to participate in a survey aimed at influencing the trajectory of mining research in the country in a bid to gauge public sentiment and insights regarding the mining sector.

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. 

Australian industry leaders ‘more cautious’ in 2024 – Ai Group survey

Australian industry leaders are entering 2024 with significantly more caution and concern than the year before, according to the latest Industry Outlook report from the Australian Industry Group (Ai Group). 

NZ’s manufacturing PMI plunges to 43.1 in December – BusinessNZ

New Zealand’s manufacturing industry saw further contractionary conditions in the last month of 2023, according to the latest BusinessNZ Performance of Manufacturing Index (PMI). 

Australian manufacturing PMI reports continued contraction in November

Downturns in Australia’s manufacturing industry persisted in November, resulting in the lowest reading in the eight-year history of Judo Bank’s Purchasing Manager’s Index (PMI) survey outside of lockdown periods. 
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Reality check: Aussie factories’ journey to responsible AI implementation

Artificial intelligence has become more than just a buzzword as it promises to revolutionise every other industry in the world, including manufacturing. In Australia, in particular, the hype surrounding AI and automation has reached a fever pitch, with many business leaders leveraging their resources to race towards adoption and implementation.