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Tag Archives: manufacturing recession

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  2. Entries tagged with "manufacturing recession"

Manufacturing must be a clear focus of the August economic roundtable

Manufacturing NewsBy Simran GillJuly 15, 2025

Australian manufacturing and its almost one million employees face deepening risks unless urgent economy-wide reforms are undertaken to return the industry to growth and boost its falling productivity, according to the Australian Industry Group. Chief executive Innes Willox said Australian manufacturing as a sector slipped into recession last year and was one of the weakest…

Manufacturing enters recession as costs and conditions bite

Manufacturing NewsBy Simran GillJuly 14, 2025

Australian manufacturing fell into recession in 2024 after three years of post-pandemic growth, with the industry facing mounting cost pressures and slowing economic conditions, according to the Australian Industry Group’s annual Manufacturing Performance and Outlook Report. The sector recorded 0.6 per cent sales and income growth, but real output declined by 1.2 per cent while…

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