Manufacturing sector shrinks for third straight month
Australia’s manufacturing sector shrank for the third straight month and the federal government is being urged to use its May budget to boost the economy.
Manufacturing declined by 3.6 points in February to 45.4 - well below the 50 level that separates expansion from contraction - according to the Australian Industry Group’s performance of manufacturing index on Monday.
Ai Group Chief Executive Innes Willox said it was important that the government used its May budget to boost domestic activity, “including by delivering on the commitment to cut the company tax rate to 28.5% for all companies”.
Endress+Hauser acquires particle analysis specialist
Endress+Hauser has announced it has acquired SOPAT, a Germany-based specialist in inline process...
foodpro 2026 now open for registrations
Returning to Melbourne with over 400 suppliers exhibiting food and beverage processing equipment...
Queensland Government opens $79m manufacturing grant program
The Queensland Government has opened the Transforming Queensland Manufacturing Grant Program with...
