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Australian PMI contracts to 44.7 in 2022’s final result

Australia’s Performance of Manufacturing Index (PMI) slipped further into contraction territory in November following three months of flat conditions. 
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.