Economy poised between crash and cure

Manufacturers are viewing the economy as at a delicate point between point between boom and bust, according to the ACCI-Westpac Business Survey December 2024 Q4. Currently spot on the breakeven threshold, the latest survey shows manufacturers are experiencing a torrid time, but have expectations of far better times ahead. Could this be from pent-up demand…

‘Signs of improvement’ within the industry, major survey finds

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…