australian dollar

The Australian dollar will remain strong for the next five years, according to the Bureau of Resources and Energy Economics.

When a new variety of Huggies nappies start filling shelves in supermarkets this month, most shoppers will have no idea about the impressive innovation and collaboration efforts behind them.

The stubbornly strong Australian dollar has been accepted as the new norm by some exporters, including Australian audio manufacturer RODE Microphones.

South Australian premier Jay Weatherill has listed advanced manufacturing as a pillar of his Economic Statement, announced today.

14 workers have been made redundant at Austral Masonry in Port Kembla.

153-year-old Central Victorian winemaker Tahbilk has taken aim at cheap imports and private label brands for hurting local winemakers.

Vegetable producer lobby group AusVeg has said that the end of Rosella’s tomato sauce production is part of a wider trend in food manufacturing, which is being hurt by cheap imports.

University of Technology Sydney’s Professor Roy Green has said that there’s been a growth in “micro-multinational” manufacturers, and such companies are well-suited to the challenges facing Australian companies.

Comments by economic forecaster BIS Shrapnel have underscored the importance of South Australia’s manufacturing sector to its overall economic growth.

A newspaper’s questionnaire of Australian CEOs has found that manufacturing leaders’ concerns include issues such as innovation, the Australian dollar and the industry’s place in the economy.

The Australian Industry Group’s monthly Performance of Manufacturing Index (PMI) survey showed an improved result for February, with food and beverage and wood and paper growing strongly.

Joe Hockey will today address a half-day Committee for Economic Development Australia conference at Brisbane, ruling out both major industrial relations changes and intervention to lower the Australian dollar.

D’Arenberg’s profit has almost disappeared, with the family-owned McLaren Vale winemaker hurt by the high Australian dollar and weak economies in key markets.

The Australian dollar is the world’s most overvalued, according to research by HSBC.

Dairy producers are under pressure from low global milk prices, the high Australian dollar and supermarket price wars.

Today’s Australian Industry Group Performance of Manufacturing Index (PMI) showed an 11th straight month of shrinkage for the industry.

John Casella, managing director of Casella Wines, has hit out at reports the company is dying, ahead of its meetings with bankers today.

Unions are demanding that big resource and infrastructure companies benefiting from taxpayer assistance procure domestic products.

AWU’s national secretary Paul Howes has criticised Boral’s handling of the 700 redundancies announced yesterday and called for the government to take action on last year’s Prime Minister’s taskforce report.

Pundits have released wildly different predictions on the direction of the Australian dollar over the next twelve months, with mixed expectations for the future of the manufacturing industry.