South Australian companies are ramping up hand sanitiser production to fill local shortages.
I strongly believe manufacturing is an essential service. We now have over 1500 companies that have signed up to the Covid19 National Manufacturing Response. That’s over 1500 Australian manufacturing companies putting their hand up to say “We’re ready, willing and able”.
Australian clothing and boot maker RM Williams has announced it will close its Adelaide factory for four weeks due to the Covid-19 crisis.
The manufacturing sector ended four months of contraction in March, according to the Australian Industry Group’s Performance of Manufacturing Index.
Quick thinking saw an exhibitions supplier go from idea to new business in half a week. Brent Balinski spoke to Displaywise about saving jobs and adapting to “the new norm.”
New Organisation for Economic Co-operation and Development estimates paint a grim picture of the direct economic costs of public health measures to contain the spread of COVID-19, and the need for more government support to cushion the blow.
It is likely that once a vaccine is delivered by science, or even before, the economic recovery will begin. Thus the question: what are the most equitable ways to handle this major short-term trauma?
The immediate impact of the coronavirus shutdown is striking in its magnitude, its speed and its concentration on a small set of industries.
The Australian Bureau of Statistics has found 49 per cent of businesses surveyed between March 16 – 23 had suffered “adverse impacts” from the COVID-19 coronavirus outbreak.
A South Australian company that manufactures 3D-printed medical training devices is set to embark on a $10 million capital raising campaign so it can ramp up production post coronavirus.