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

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 expands again in May

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) edged 0.1 points higher to 61.8 in May, indicating an eighth consecutive month of recovery following the severe disruptions of Covid-19 in Q2 of 2020 (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). The May […]

15/06/2021 - 20:18 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

Australian PSI reports a stronger month of recovery in February

The Australian Industry Group Australian Performance of Services Index (Australian PSI) rose 1.5 points in February to 55.8 – the highest monthly result since June 2018 – with the recovery following the Covid-19 recession of 2020 gaining in strength (results above 50 points indicate expansion, with the distance from 50 points indicating the strength of […]

05/03/2021 - 12:45 pm

Australian PMI indicates improving circumstances

The Australian Industry Group Australian Performance of Services Index (Australian PSI) rose by 1.4 points to 54.3 over the summer holiday period (December 2020 and January 2021), indicating a further improvement in conditions following the Covid-19 recession of 2020 (results above 50 points indicate expansion, with the distance from 50 points indicating the strength of […]

05/02/2021 - 14:32 pm

Australian Manufacturing stabilises in November

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) declined by 4.2 points to 52.1 in November, indicating expanding conditions but at a slower rate than in October (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion). Ai Group chief executive Innes Willox said, “The […]

02/12/2020 - 13:21 pm

New Issue

LHA May/June 2022

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