The Australian Industry Group’s monthly Performance of Manufacturing Index showed the sector lift in August, with production and sales activity indices both returning to growth and the overall PMI up 1.8 points to 53.1
Treasurer Josh Frydenberg’s key message to business in a landmark speech on Monday was “back yourself”.
Brent Balinski speaks to Samantha Read, Chemistry Australia’s CEO, about the new Chemical Sector Economic Contribution Analysis report, the effects of high gas prices, and the importance of economic complexity.
The Australian Industry Group’s Performance of Manufacturing Index released this morning shows the industry returning to overall expansion, but highlights a widening gap in performance between growing and other sectors within Australian manufacturing.
The idea of robots taking our jobs is not radically new.
CSIRO, University of Queensland, Australian National University and Charles Darwin University have announced a partnership on a five-year, $5.75 million Responsible Innovation Initiative, aimed at addressing challenges presented by scientific and technological change.
The manufacturing sector contracted in June according to the Australian Industry Group Performance of Manufacturing Index – ending a 33-month streak of stable or growth results – and it is experiencing the weakest conditions in nearly three years.
Comment by Peter Roberts As the Australian economy continues to slow, and we enter a period of interest rates at unprecedented, and unwelcome lows, the question has to be asked when will this hit manufacturing? The latest economic bad news came in the form of March retail sales with retail turnover falling in the quarter…
Manufacturing optimism has picked up following the election, but an overall loss of momentum beginning mid-2018 persists, according to the long-running Australian Chamber of Commerce and Industry-Westpac Survey of Industrial Trends.
It’s time for Australia to commit to the kind of future it wants: CSIRO Australian National Outlook 2019
Australia’s future prosperity is at risk unless we take bold action and commit to long-term thinking.