The quarterly ACCI–Westpac Survey of Industrial Trends has found signs of improvement in conditions among manufacturers, though the general business outlook from companies for the next six months, while improved, “remains deeply pessimistic”. A summary of the survey, which has been running since 1966, notes that national accounts figures indicate the Australian economy remaining in…
A welcome focus on growing Australian capability Industry-research collaboration advocate Cooperative Research Australia (CRA) has praised the focus on growing Australia’s science and technological performance, continued support for Cooperative Research Centre (CRC) funding, and plans to transform Australian R&D. Budget 2024 “has put education, research, manufacturing and industrial transformation at its core” said CRA CEO…
The Westpac-Australian Chamber of Commerce and Industry survey of Industrial Trends shows a worsening in conditions for manufacturers in the year’s first quarter, and an outlook moving “deeper into pessimistic territory”. A summary reads that the quarter brought a “decline in new orders, a fall in output, a reduction in overtime and a material downsize…
