A study from research firm McKinsey Global Institute, manufacturing is lifting global productivity and standards of living, but its contribution in terms of job numbers is decreasing.
High Aussie dollar, rising overseas competition and global economic crisis are held responsible for 125,000 local manufacturers losing their jobs over the past four years.
A report released recently has stated that the high Aussie dollar is to be blamed for the decline in Victoria’s economic growth, and the manufacturing and construction industry in the state will continue to be faced with challenges until next year.
James Brindley, managing director of Lion Beer, Spirits & Wine Australia, has announced that its Swan brewery at Canning Vale in WA will shut its doors by early next March, and relocate its production units to SA.
Aircraft engine overhaul provider LTQ Engineering will cease operations and close its Tullamarine facility in September, resulting in the loss of 164 jobs.
Just as job skills change, so do the attributes that make up a desirable employee, according to a recent study by Hudson.
The battle over WorkCover changes rages on. The latest round has to do with leave entitlements, according to a leaked email from a WorkCover official, as reported in the Sydney Morning Herald, via AAP newswires.
FOXCONN will cut working hours and increase wages in its China-based plants after independent auditors found widespread problems in the company’s workplaces.
Fair Work Australia is hearing a case brought by the Australian Manufacturers’ Workers Union (AMWU) over the failure Cochlear to bargain in good faith with its workforce.
Manufacturing employment rose in February 2012, proving that Australia’s manufacturing industry is continuing to fight against the pressures of the two-speed economy and the high Australian dollar.
It is not a good time to be a food manufacturing worker in Victoria at the moment, with Mars and Murray Goulburn set to slash more than 100 employees from its workforce between them.