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Showing 111 - 120 of 1456 results for "Manufacturing"

Fintechs receive JobMaker funding boost

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... Acceleration of 5G to conduct commercial trials and testbeds in sectors such as agriculture, mining, logistics and manufacturing ($29.2m); Expansion of Australian Small Business Advisory Service digital solutions ($22.2m); Establishment of a new regulatory ...

Chief economist update: Morrison manufactures Australia's future

BENJAMIN ONG  |  FRIDAY, 2 OCT 2020
... speech at the National Press Club on the October 1, "Great Scott" unveiled an A$1.5 billion initiative to boost the manufacturing sector, identifying six industries for priority investment: space, defence, food and beverage manufacturing, medical products ...

Chief economist update: Pandemic, what pandemic?

BENJAMIN ONG  |  THURSDAY, 1 OCT 2020
... the first. Recent stats indicate the economy continuing to move onwards and upwards. The country's official manufacturing PMI rose to a reading of 51.5 in September from 51.0 in the previous month, for its seventh straight month of expansion since ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... index dropped back to a three-month low reading of 50.1 in September - the second consecutive month of decline. Manufacturing activity continued to expand - 53.7 in September from 51.7 in August - due to a strong increase in new orders as export markets ...

Chief economist update: Yoshihide and the yen

BENJAMIN ONG  |  MONDAY, 21 SEP 2020
... has sequentially improved from a record low reading of 25.8 in April this year to a six-month high of 45.2. The manufacturing PMI has risen to 27.2 in August from an 11-year low of 38.4 in May while the services PMI stood at 45.0 in August from a record ...

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
... underscored by the continuing recovery in the JP Morgan Global Composite PMI - the survey tracks a total of 27,000 manufacturing and services companies, in over 40 countries that account "for 89% of global gross domestic product (GDP)". The latest reading ...

Chief economist update: V in US recovery at risk

BENJAMIN ONG  |  MONDAY, 7 SEP 2020
... education and health services (147,000), transportation and warehousing (78,000), financial services (36,000) and manufacturing (29,000). Even better, the US unemployment had dropped back to single-digits, down to 8.4% in August from 10.2 in the previous ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
... and the fourth straight month of improvement since the record low reading of 13.8 recorded in April - as both the manufacturing (up to 55.2 in August - the fastest in six years) and services sectors (up to 58.8 - the best reading in five years) continued ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
... June 2020 quarter following the March quarter's 6.8% contraction. The latest official PMI survey shows both manufacturing and non-manufacturing activity remaining in expansion in August - the sixth straight month since they contracted in February. ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... rest of Australia continued to expand over the month." Workforce numbers continued to fall across the services and manufacturing sectors as Australian businesses continued to cut back on staff. "The fall in employment is the inevitable consequence of ...