Markets

The outlook for Australian manufacturers is brightening

Activity levels across Australia’s manufacturing sector continued to expand in December with the latest Ai Group manufacturing PMI reading coming in at 51.9. Although down 0.6 points on the 52.5 level of November, the reading marked the sixth consecutive month that the index held above the 50 level separating growth […]
The outlook for Australian manufacturers is brightening
Markets

Australia’s construction sector remains in the doldrums

The expansion across Australia’s construction sector slowed to a crawl in November with the latest AIG-HIA performance of construction index (PCI) falling 1.4 points to 50.7. As is the case with all PMI reports, a reading above 50 signals activity across the sector is expanding. While the headline index pointed […]
Australia’s construction sector remains in the doldrums