Over a billion dollars were cut from industry assistance programs in last night’s federal budget.
Difficulties in the manufacturing sector continued last month, with the Australian Industry Group PMI slipping 3.1 points to 44.8.
The Australian Industry Group has released its Ten Point Plan for economic growth.
The rate of contraction experienced by the country’s industry has eased, according to the Australian Industry Group’s PMI, released this morning.
Former Manufacturing Australia executive chairman Dick Warburton is heading a panel to review the current renewable energy target for 2020.
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.
According to the Australian Industry Group’s Performance of Manufacturing Index, the sector finished 2013 in contraction, consistent with most of the year.
Prime minister Tony Abbott has announced strategic reviews of the South Australian and Victorian economies.
Over the decade there has been an increase in anecdotal reports by business about non-conforming products, particularly in building and construction.
The cost of keeping automotive manufacturing in Australia is high and the investment not always spent wisely, but the loss of the sector would be profound.
The Korea-Australia free trade agreement (KAFTA) has been confirmed today, with “winners and losers” to emerge in time among manufacturers.
The Australian Industry Group Australian Performance of Manufacturing Index (PMI), seasonally adjusted, recorded a result of 47.7 in November.
Industry has rejected the Climate Change Authority’s call for Australia to increase its planned carbon emission reductions.
The Australian Industry Group and others have commented on the possible risks to business presented by the NSW government’s expansion of restrictions on coal seam gas mining.
According to this interview with Innes Willox, The Ai Group CEO, “Germany is in some ways a model for Australia when it comes to economic development, particularly around manufacturing”.
According to business lobbyists, delays to the incoming government’s pledged repeal of a carbon price would have costly results.
Australia’s performance, according to a World Economic Forum study on global competitiveness, has fallen one place in the most recent rankings to be ranked 21st overall.
Following a June result that suggested the sector only narrowly missed out on growth, the Australian Industry Group Performance of Manufacturing Index (PMI) survey has shown a slump to an overall result of 42.0.
Prime Minister Kevin Rudd yesterday confirmed that the carbon tax would move to a floating price on carbon a year earlier than previously planned.
For most of us, ‘standards’ do not comes across as a particularly exciting area but in terms of the contributions product standards make, including in creating a fair and level playing field for Australian businesses, the issue is hugely important.