The Australian Industry (Ai) Group’s Performance of Manufacturing Index (PMI) inched 0.2 points higher to 55.0 in June – a ninth consecutive month of expansion for the manufacturing sector. “Sales, exports and production all lifted and growth was widespread across the sector,” said Ai Group chief executive, Innes Willox. There was higher activity in the … Continue reading PMI: Australian manufacturing continues to expand
The Australian Performance of Manufacturing Index (PMI) has remained in expansionary territory for the eighth consecutive month in May. The pace of expansion has eased by 4.4 points to 54.8, however, indicating a slower pace of growth than last month. This month’s key findings: All seven activity sub-indexes in the Australian PMI expanded in May, … Continue reading PMI: Australian manufacturing continues on growth streak
In a submission to the Annual Wage Review, the Australian Industry Group (AIG) has proposed a 1.5 per cent increase in Australia’s minimum wage. This equates to an increase of $10.10 per week in the National Minimum Wage and $11.75 per week at the base trade level, according to AIG chief executive Innes Willox. According to … Continue reading AI Group proposes minimum wage increase
Industry groups in Australia have called on the Australian government to urgently inject funds into the Australian apprenticeship system that is facing considerable structural problems, according to the West Australian. As reported by the West Australian, the Australian Industry Group and other leading business groups claim that the number of apprenticeships has halved between 2012 and … Continue reading Calls to fix apprenticeship system on life support
A new Australian Industry Group (Ai Group) report, Energy shock: No gas, no power, no future?, concludes that Australia’s energy policy risks sending Australian jobs offshore. The report finds that businesses and households will see an increase in costs, wholesale electricity prices are almost doubling and spot prices are becoming more volatile. It also found … Continue reading Ai Group report: energy policy could offshore jobs
The Australian Industry Group has signed two Memoranda of Understanding (MoU) along with the Italian Industries Federation for Aerospace, Defence & Security (AIAD), the Australian Industry Defence Network (AIDN). The MoU detail that Ai Group and AIAD will give each other notice of relevant notice of events and share information on legislation relevant to companies … Continue reading Ai Group signs up to Australian-Italian defence MoU
Trump manufacturing advisor, Andrew Liveris, has said that any rise on tariffs on Australian goods imported into the US, could have devastating consequences for Australian industry, according to The Australian. Liveris’ comments come as the Trump administration may change tax arrangements that may punish US importers of Australian goods. Ai Group chief executive Innes Willox … Continue reading Trump to slap tariffs; taxes on Aussie manufacturers
Manufacturing growth has consolidated in January, according to the Australian Industry Group (Ai Group). Ai Group’s Performance of Manufacturing Index (Australian PMI) has expanded for a fourth consecutive month, to a reading of 51.2 in January. This figure is down 4.2 points from December 2016 (figures above 50 represent an increase in manufacturing, with the … Continue reading Manufacturing grows over January period
Thales chief executive, Chris Jenkins, has been elected the president of the Australian Industry Group (AIG). Jenkins replaces Noel Cornish who had been president since November 2013 and has been active in the AIG for many years including as chairman of the AIG Defence Council and as its national vice president. Jenkins has been the … Continue reading Australian Industry Group elects new head
Australian CEOs are cautiously optimistic about their business prospects in 2017 according to the latest Ai Group CEO Business Outlook survey. We are well short of exuberance with expectations tempered by the failure of 2016 to live up to expectations and by the wide array of local and global challenges on the horizon. The survey … Continue reading Ai Group 2017 CEO Business Outlook Survey – Foundations for Growth
The Australian Industry Group has advised reductions to both government spending and company tax levels in its submission for the May federal budget.
“With Christmas approaching and office parties being planned, Ai Group has examined the growing legal risks to employers and identified the top five pitfalls that could turn an office Christmas party into a legal and HR nightmare,” Ai Group National Manager Workplace Relations, Michael Mead, said today.
The ABS quarterly capital expenditure figures, released last week, show overall spending for the September quarter weaker than the second, but manufacturing sector capex rising 6.9 per cent.
The Australian Industry Group has said workers in the transport, manufacturing and construction industries are higher than average users of the drug ice.
Australia’s manufacturing sector ended five straight months of contraction in May, according to the Australian Industry Group’s Australian Performance of Manufacturing Index.
In November, Shinka Management, in conjunction with the Australian Industry Group, conducted a lean manufacturing study tour of Japan. The tour provided Australian industry leaders with first-hand experience of world-class lean implementation in a country renowned for its productivity, quality and safety levels.
The Australian Industry Group’s annual outlook report – Business prospects in 2013: Australia’s gap year? – highlights the impact of the structural changes and significant challenges the Australian economy is experiencing and will continue to experience throughout 2013.
The mining boom has brought with it the opportunity for direct export, increased demand for local resources and stimulated growth in services for the resources export supply chain.
The priority for boosting productivity is deregulating the labour market, University of NSW vice-chancellor Fred Hilmer told a Committee for Economic Development of Australia event yesterday.
A new Engineering Excellence in Apprenticeships project announced by the Minister for Tertiary Education and Skills, Senator Chris Evans, is likely set to reshape Australia’s apprenticeship system.