We’re living in unprecedented times good people. After decades of consistent economic (GDP) growth, the mining boom, immigration boom, education boom, tourism boom & real estate booms in different states at different times all creating sharp surges in aggregate demand for goods & services for a while, we’re now seeing worrying contractions in many of these sectors, all of them significant wealth generators for Australians. … Continue reading “Expansionary fiscal policy – is it on target?”
On 6 October 2020, the Federal Budget was handed down. It was presented against the background of unprecedented levels of Government spending to ensure that the Australian economy is able to ride the COVID-19 wave(s). As part of the Australia’s Economic Recovery Plan the Budget has provided some positive news for Australian manufacturers as part … Continue reading “Budget Boost for Manufacturing”
The NSW Government has set out its COVID-19 Recovery Plan (‘The Plan’) with an underlying objective – for us to ‘remain resilient’. The main features of the Plan highlight several key areas which provide manufacturers and those in their supply chain, with some focus points moving forward. The Plan seeks to harness what we have … Continue reading “What’s in it for us? How the NSW Government’s COVID-19 Recovery Plan can benefit Manufacturers”
The ‘World’s Factory’ is on the ropes as manufacturing moves from China, Ryan Clarkson-Ledward, Editor, Money Morning, 14/08/20 (Link to Article) Manufacturing as we know it is about the change drastically and ‘made in China’ will be on fewer goods in the coming years. Chinese manufacturing will not disappear overnight, they will still be a … Continue reading “Is ‘new-collar work’ the answer for AU manufacturing?”
Advanced Manufacturing Trade Mission – Up to eight advanced manufacturing SMEs and startups from across the State are being offered a major business development opportunity in India under the NSW-India Advanced Manufacturing Trade Mission, a joint initiative by the NSW Government and Western Sydney University.
Due to the recent bushfires, the NSW Government would like to hear from anyone that may have capability and capacity to provide goods and/or services in affected regions. A supplier list is being established that covers any goods or services. A NSW Procurement have launched a portal through which small businesses can register their interest in … Continue reading “Want to bid for NSW bushfire rebuilding work?”
5 helpful things business should know about managing energy costs. From getting under the bonnet of price comparison services, sources of advice, how the NSW Government financially incentivises businesses and households to invest in energy saving projects, Energy Saver Training Courses (some are free!) through to what you need to know before you jump into a Solar PV system.
The Western Sydney Leadership Dialogue has welcomed the establishment of the Western City and Aerotropolis Authority (WCAA), to be led by CEO Sam Sangster, announced today. The new authority will be responsible for the master-planning of the Aerotropolis and also have a key role in driving investment, education and employment opportunities across the Western Parkland … Continue reading “Establishment of Western City Aerotropolis Authority”
The Australian Industry Group’s PMI released this morning recorded a result of 58.3. It is down a fraction of a point, but still well above 50, the line separating contraction and expansion. It continues the best run of 50-plus results since 2005. According to the PMI, only one sub-sector, machinery and equipment, did not grow … Continue reading “Australian Manufacturing Notches up 25th Straight Positive Result”
Victoria backs new electric truck manufacturing facility. The Victorian government has announced financial support to electric truck maker SEA Technologies to build a new plant in Victoria’s La Trobe Valley. The facility is expected to employ 500 La Trobe Valley locals, and assemble 2,400 vehicles a year – specialising in the production of electric delivery … Continue reading “New Electric Truck Manufacturing Facility in Victoria”