According to Ai Group, manufacturers based in Victoria are set to benefit from the increased infrastructure spending announced in yesterday’s State Budget.
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Renewed vigour into local manufacturing supply chains
Minister for Industry, Science and Technology Karen Andrews has mentioned in an interview with a radio station that the government will be strengthening their investment towards the manufacturing sector
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Industry calls for RBA rates cuts to be reinforced by action
Businesses are sure to welcome the Reserve Bank of Australia (RBA) having slashed interest rates to a record low of 0.5 per cent, however, the Australian Industry Group (Ai Group) and Business Council
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Business Council calls for measures to sure up economic growth
Federal parliament needs to work with the government to pursue measures that will boost innovation and make industry more competitive in to counter strong economic headwinds, according Business Council
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First grants announced under Superyacht Industry Development Fund
Six Queensland companies will share more than $41,000 through round one of the Queensland state government’s Superyacht Industry Development Fund.
The fund is part of the Queensland Superyacht Strategy,
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Ai Group: Government should focus on investments generating real productivity growth
“The federal government should go easy on the brakes in the coming federal budget. It should balance its ambition to return to surplus against the risk of slowing an already softening economy,”
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Iveco’s manufacturing direction to lead to greater involvement for Australian workforce
Iveco will be increasing the range of models manufactured at the Dandenong, Melbourne facility with the Stralis range is now being assembled locally.
Previously sold in Australia as the Stralis ATi
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WA economy seeing better days ahead
WA Premier Mark McGowan told a CEDA audience that the Western Australia economy has turned the corner from what has been a difficult period.
“The Australian Bureau handed down the September quarter results,
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Resources deliver more than $500bn in eight years: QRC
Queensland’s resources sector continues to drive jobs and investment with a $55.1 billion contribution to the state’s economy in 2016-17, which supported the equivalent of 282,633 full-time jobs.
Queensland
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Sydney secures global cyber security facility
According to a press statement by the NSW Ministry of Industry, more than 170 jobs will be created over the next five years after the NSW Government secured a multi-million dollar global cyber security
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Equipment, plant and machinery investments key drivers in Victoria’s growth
Investor confidence in Victoria’s economy remains strong with private capital expenditure up 8.6 per cent over the year to June, compared with a national fall of 3.0 per cent during the same period.
The
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Update of QLD’s SIP program to boost economy and support jobs
Two weeks ago, the Queensland Government released the 2017 update of the State Infrastructure Plan (part B program) which underpins economic growth and supports jobs.
Deputy Premier and Minister for Infrastructure
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Australian manufacturing industry rebounding
Australian manufacturing has seen its biggest employment growth in a decade.
According to report Manufacturing: A moment of opportunity, Australian manufacturing jobs have increased by 40,000
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Australia’s Global Supply Chain Agreement to sustain defence industry
BAE Systems Australia has welcomed the announcement of the renewal of Australia’s Global Supply Chain Agreement by Minister for Defence Industry, Christopher Pyne.
The agreement will allow BAE Systems
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World Bank forsees pickup in manufacturing and trade
The World Bank has reaffirmed its forecast that global economic growth will improve to 2.7 per cent this year, with an improvement in manufacturing and trade, market confidence and commodity prices.
According
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Hundreds of job losses for QLD maintenance staff and train crew
Around 180 jobs are at risk as Aurizon announces plans to close its rollingstock maintenance workshop in Rockhampton, Queensland. The company has also announced its plans to “move to more flexible train
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Pay rises for Australian manufacturing workers
Seventy-six per cent of Australia’s manufacturing employers will give their staff a pay rise of up to three per cent in their next review, but seven per cent will not increase salaries at all, according
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Renewables light the way to success in manufacturing
In light of rising energy prices, questionable security and ever-changing policies, some manufacturers are turning to renewables to ensure reliable production, writes Stephanie Stefanovic.
As
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Australian global competitiveness lowest in 20 years
Australia’s global competitiveness ranking has dropped out of the top 20 for the first time in over 20 years, falling from 17 to 21 in the past year.
The 2017 edition of IMD’s World Competitiveness
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PMI: Australian manufacturing continues on growth streak
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
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