Mixed conditions for manufacturing in the September quarter of 2019 has led to the Westpac-AusChamber Actual Composite Index declining to 52.9. The index for the previous quarter stood at 61.5. Although the index rose following the Federal election in May this year, the outlook for the rest of 2019 and into 2020 for manufacturing is … Continue reading September survey sees softening conditions for manufacturing
A survey conducted by the Australian Chamber of Commerce and Industry (ACCI) in partnership with Westpac found that the manufacturing sector’s optimism has grown in the second quarter of 2019. By the end of the June quarter, 28 per cent of the 240 survey respondents expected their businesses to improve in the next six months, … Continue reading Manufacturing sector optimistic following the federal election
Ganesh Chandrasekkar, general manager, Westpac Small Business Banking, spoke to Manufacturers’ Monthly on how small and medium businesses can re-invent themselves to remain competitive in the digital age. With the technological developments increasingly disrupting the traditional business models, many of the established small and medium businesses are finding it crucial to re-invent themselves to take full … Continue reading Gearing up for change: The “second act” of small businesses
Manufacturers’ Monthly caught up with Bruce, Iain and Andrew Turner from Wynstan, a family-owned custom windows and doors business, to find out more about their efforts to keep manufacturing local. When you look at aluminium doors or windows on buildings and homes, there is a very good chance that many of them come from Australia’s … Continue reading Investing in “Made in Australia”
The Westpac-Melbourne Institute SME Index (the Index), which examines the economic health of Australian small and medium sized enterprises (SMEs), shows business confidence is in slight positive territory heading into the holiday season. The Index rose from 100.7 in Q3 2017 to 101.8 in Q4 2017. The uplift in confidence is being supported by a solid improvement … Continue reading SME sentiments positive heading to the close of 2017
Westpac and the Group of Eight (Go8) have partnered to offer the first program in Australia for Doctor of Philosophy (PhD) students with a focus on Science, Technology, Engineering, or Mathematics (STEM) to undertake employment with the Westpac Group during their studies. The STEM PhD program was established in recognition of the importance of the … Continue reading Westpac launches Australia’s first employment program for STEM PhD students
Terry Davis, the chief of Coca Cola Amatil, has criticised weekend penalty rates in an interview with The Australian.