Interest rate decision: Ai Group comment

“Today’s decision by the Reserve Bank of Australia to raise the cash rate target to 3.6% is an unfortunate but necessary step to ensure price stability”, said Innes Willox, chief executive of the national employer association Ai Group. “High inflation impacts both households and businesses, who are facing rapidly increasing input costs. In a period […]

07/03/2023 - 10:17 am

New Australian monthly economic activity index released

The national employer association Australian Industry (Ai) Group is pleased to announce the launch next week of a new monthly indicator of business performance covering a cross section of industry sectors to be known as the Ai Group Australian Industry Index. The first release of the Ai Group Australian Industry Index will be on Tuesday […]

01/02/2023 - 14:44 pm

Ai Group latest Skills Survey a ‘call to arms’

“An Ai Group skills survey – Listening to Australian businesses on skills and workforce needs – sounds yet another alarm on the skills shortages and gaps plaguing the Australian economy,” Innes Willox chief executive of the national employer association Ai Group said today. “Our survey of close to 350 business leaders from a wide range […]

17/11/2022 - 14:24 pm

Signs of manufacturing slowing in August

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) dropped 3.2 points to 49.3 in August, indicating a slight contraction (readings below 50 points indicate contraction in activity, with lower results indicating a faster rate of contraction). This is the first time the index has contracted since January 2022 following the Omicron outbreak. […]

01/09/2022 - 12:31 pm

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

New Issue

LHA December 2022

In this month's issue