There are some big advantages to reshoring. Marks Peters discusses the topic, its job-creating impacts, and some recent Australian success stories.
The founder and CEO of listed accountancy firm Kelly + Partners is advising its 7,500 clients to look for Australian suppliers rather than import from China.
The Lowy Institute’s 2020 “Understanding Australian Attitudes to the World” poll has found “unprecedented shifts” in Australian public opinion, with more people feeling unsafe in the world, optimism about the economy at an historic low, and a precipitate decline in trust in China.
The Australian government’s investment roadmap for low-emissions technologies promises more taxpayers’ money to the gas industry but fails to deliver the policy needed for people to support a transition to renewable energy.
A quarterly survey tracking manufacturing sentiment since 1966 has found sentiment in the industry at its lowest point since records began.
Australia has remained in 18th place in the annual IMD World Competitiveness Ranking, now in its 32nd year.
It’s being reported that Sanjay Gupta has begun a review of GFG Alliance’s Whyalla steel plant, which has suffered losses exacerbated by the Covid-19 downturn, in an attempt to make it run as leanly as possible ahead of a planned new plant opening in 2024.
Overall manufacturing activity was up slightly in May compared to April, but remains in “deep contraction” according to the Australian Industry Group’s Performance of Manufacturing Index.
The coronavirus has thrust human limitations into the spotlight. Will it mark the rise of automation?
Although there are some jobs machines just can’t do, COVID-19 has left us wondering about the future of work and with this, the capacity of automation to step in where humans must step back.
In Australia, retail and hospitality workers have been particularly hard hit. In other countries, it’s manufacturing workers, hit by disruptions to value and supply chains.