Manufacturing expands despite rising costs

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) rose by 1.6 points to 54.0 in June, indicating mild growth as the index recorded a fifth consecutive month in expansion (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). Innes Willox, chief executive of Ai […]

04/07/2022 - 12:43 pm

Supply chain and labour issues constrain Australian manufacturing expansion

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) increased a further 2.5 points to 55.7 in March – the highest monthly result since July 2021 (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion. Innes Willox, chief executive of Ai Group the national employer […]

04/04/2022 - 19:26 pm
Ai Group

Australian manufacturing recovery stalls over holiday period

The Australian Industry (Ai) Group Australian Performance of Manufacturing Index (Australian PMI) fell by 6.4 points to 48.4 over the summer holiday period (December 2021 and January 2022*), indicating weaker conditions compared with November 2021 (readings below 50 points indicate contraction in activity, with lower results indicating a faster rate of contraction). Innes Willox, chief […]

01/02/2022 - 13:04 pm

Ai Group welcomes Federal interest in Australian industry

Innes Willox, chief executive of the national employer association, Ai Group, said today (1 Feb), “Both the Prime Minister in today’s National Press Club address and the Leader of the Opposition’s speech last week, showed renewed interest in the development of Australian industry in the lead-up to the federal election,” “These are welcome indications that […]

01/02/2022 - 12:14 pm

Mild manufacturing rebound in November

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) rose by 4.4 points to 54.8 in November – the first month of improvement following three months of flat results for the Australian PMI (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). All activity indexes […]

01/12/2021 - 18:10 pm

Manufacturing treads water in October

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) eased by 0.8 points to 50.4 in October – a fourth consecutive month of deceleration and the weakest monthly result for the index since September 2020 (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). Four […]

03/11/2021 - 15:10 pm

Australian manufacturing recovery slows  

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) eased by 0.4 points to 51.2 in September, indicating a weaker rate of expansion across manufacturing and effectively stalling a solid period of recovery since late 2020 (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). […]

01/10/2021 - 13:30 pm

Restrictions destroying what is left of business confidence says Ai Group CEO

“The ever tightening state government Covid restrictions are strangling what is left of business confidence and are likely to push Australia back into recession,” said Innes Willox, Chief Executive of the national employer association Ai Group. “With around 70% of our domestic economy subjected to a variety of draconian curfews, lockdowns, border closures, enforced business […]

16/08/2021 - 14:22 pm

Australian Manufacturing expands for tenth consecutive month

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) eased by 2.4 points to 60.8 in July, remaining in strong expansionary territory but indicating a slower rate of growth from June’s record expansion (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). Ai Group Chief […]

04/08/2021 - 13:03 pm

Australian PMI: Manufacturing goes from strength to strength 

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) increased by a further 1.8 points to 61.7 in April, indicating a seventh consecutive month of recovery from the severe disruptions of Covid-19 in Q2 of 2020 and the index’s highest monthly result since March 2018. It is the third highest rate of growth […]

11/05/2021 - 18:34 pm

New Issue

LHA May/June 2022

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