The high Aussie dollar and sluggish domestic demand have been blamed for further contraction in the manufacturing sector in October according to the latest Australian Industry Group – PwC Performance of Manufacturing Index.
Senator Stephen Conroy has welcomed an Australian Industry Group (Ai Group) report which found the rollout of high speed broadband like the National Broadband network would be a boon for Australian businesses.
The performance of the Australian services sector continues to be uninspiring, with political uncertainty surrounding Australia’s hung parliament impacting on demand in August.
Australia’s services sector continues to contract as the Federal Government’s fiscal stimulus dries up and the Reserve Bank’s interest rate increases impact the services sector.
The Australian Industry Group – PricewaterhouseCoopers Australian Performance of Manufacturing Index (Australian PMI) continues to surge, up 1.5 points in July.
Tony Abbott has abandoned plans to exempt small business from unfair dismissal laws under the belief that the public has no appetite for workplace reform.
The services sector continues to contract, with a fall in new orders and decreasing selling prices keeping the services sector in negative territory in the June Performance of Services Index.
Australia’s Minerals Resource Rent Tax compromise is positive news for big miners but it comes at a price for the wider business community.
The Federal Government’s Paid Parental Leave bill that passed the Senate yesterday has received mostly bipartisan support, as well as its fair share of criticism.
While the Federal Government’s Paid Parental Leave scheme passing through the Senate yesterday marked a historic day for women in Australia, critics say the Paid Parental Scheme doesn’t go far enough.
