Manufacturer business confidence plunges – CBA

CBA bank’s latest Purchasing Managers Index (PMI) shows a massive plunge in economic activity and confidence. The March 20 index, which surveys 800 Australian companies in the manufacturing and service sectors, dropped from 49.0 to 40.7, the steepest reduction since data collection began in 2016. The survey measures how output, orders, jobs, delivery times and…

Meet The New Bill. Same As The Old Bill. (Or why the R&D incentive is under threat).

Australian Manufacturing Forum member viewpoint by Kris Gale Rock and roll fans might recognise the source material of the headline quote. It is The Who’s “Won’t Get Fooled Again” – Roger Daltrey giving voice to the entrenched frustration Pete Townshend utilised to drive that band to greater and greater heights. And so it is with…