Resources are a vital part of the Australian economy, accounting for approximately 60% of its exports. But the gravy train is coming to a halt, at least according to a recently published report by Deloitte Access Economics.
Almost six in ten small and medium-sized businesses are dissatisfied with the support they receive from the federal government, according to a recent report by business software provider MYOB.
Mining conveyor and materials handling company Nepean Conveyors will open a new factory in the Illawarra region. The facility is expected to create around 55 new jobs.
The resources sector has brought billions of dollars into the Australian economy, mainly due to the mining boom. But, economic experts caution, the country can’t rest on these laurels.
Australia’s troubled iron and steel manufacturing industry is expected to fall 15.6% in FY2012-13, new research predicts.
In the face of the high Australian dollar, Prime Minister Julia Gillard has called for the manufacturing sector to renew its productivity drive to meet the demands of the 21st century, and has recognised the role of National Manufacturing Week (NMW) in the industry’s structural change.
Autodesk has unveiled its new 3D design and engineering software portfolio for manufacturers, offering a set of integrated and interoperable suites and cloud services to simplify design, visualisation and simulation workflows from product development through delivery.
Knights Apparel chief executive Joe Bozich will speak about ethical manufacturing at a public event today, hosted by the NSW Government and the United States Studies Centre at the University of Sydney.
The Australian manufacturing industry needs to be more globally aware, says Chris Stathy, managing director of valve and compression fitting manufacturer, Philmac. And with the strong Australian dollar, the threat to manufacturing is not just coming from Asia, but from Europe and North America.