Innes Willox

The Ai Group Australian Industry Index fell in June 2023, losing 1.1 points to -11.9 points (seasonally adjusted). This indicates contractionary conditions. The index has been in contraction for the last fourteen months. The contraction indicated by the Ai Group Australian Industry Index continued in June. The index has indicated contracting conditions for fourteen months […]

“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 […]

“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 […]

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. […]

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 […]

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 […]

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). […]

“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 […]

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 […]

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 […]