With the Morrison government extolling the virtue of vocational education and training (VET), the benefit of diplomas over degrees differs based on gender, according to a new report. Published by the Grattan Institute, the report found that for students with a lower Australian Tertiary Admissions Rank (ATAR), VET courses can get them employed faster and … Continue reading Benefit of vocational education comes down to gender
Terri Hiskey, Vice President of Product Marketing for Manufacturing at Epicor Software. Look around, and the manufacturing industry is brimming with examples of firms that are bringing the latest technological developments to their factory floors. Their goal? To improve processes, increase automation levels, and facilitate future business growth. A case in point is the manufacturing … Continue reading Manufacturing is back, and more intelligent than ever – but are we reaping the benefits yet?
In a report released on August 6, the Australian industry Group (Ai Group), outlined how Australian businesses are transitioning to or already within Industry 4.0. In releasing the report, chief executive of Ai Group, Innes Willox, commented, “An overall finding is that there has been substantial progress in embracing Industry 4.0. But the gap between … Continue reading Gap between Industry 4.0 leaders and majority of businesses “substantial”: report
The International Monetary Fund (IMF) has forecast that Australia will slip to 2.8 per cent growth next year, down from an expected peak of 3.2 per cent this year, due to the impact of the continued US-China trade war. The IMF’s October World Economic Outlook report has revised down the forecasts for global growth contained … Continue reading IMF downgrades growth forecast in wake of escalating trade tensions
The CSIRO has launched a new report into opportunities for Australia’s space industry, highlighting deep space exploration, earth observation and debris tracking as potential growth areas. The report, Space: A Roadmap for unlocking future growth opportunities for Australia, was launched by federal industry, science and technology minister, Karen Andrews, at the 18th Australian Space Research … Continue reading CSIRO launches new space industry roadmap
Three decades of economic reform have boosted economic activity, generated jobs and increased wages for Victorian workers at higher rates than across the rest of Australia, a new report released by the state government reveals. The recently released Australian Trade and Investment Liberalisation Report – carried out by The Centre for International Economics on behalf … Continue reading Victoria’s exporters boosted by long-term reforms, report shows
Research from Roy Morgan has revealed that more than two thirds of Australians (69.8 per cent) would give preference to buying genuine Australian-made products. This feature proved particularly important for consumers looking to purchase furniture, beds and home furnishings (67 per cent). “It comes as no surprise that consumers are increasingly demanding authentic, premium-quality products … Continue reading Australian consumers want locally-made products
A new study from Deloitte has found that cyber security breaches in manufacturing plants are increasing, with the sector “woefully unprepared” for these threats. Titled Industry 4.0 and Cyber Risk: Security in an age of connected production, the Deloitte study revealed that one-third of all manufacturers sampled admitted to not having performed any cyber risk assessments of … Continue reading Deloitte: Manufacturers “woefully unprepared” for supply chain threats