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WA Businesses Suffer $245M in Losses After Lockdown, Industry Survey Shows

WA Businesses Suffer $245M in Losses After 4-Day Lockdown, Industry Survey Shows
A survey by Western Australia’s (WA) peak industry body, Chamber of Commerce and Industry WA (CCIWA), has revealed that lockdowns in parts of the state have clobbered businesses, with the industry facing an estimated $245 million (US$186 million) in losses and forcing almost one in ten businesses in the affected areas to go under.
The survey of 458 stakeholders from the WA business community found 9 percent were forced to shut down completely. While a further 22 percent said, it would only take one or two more lockdowns before they too were forced to close their doors. ....

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WA Enters Final Run of Restrictions After Virus Outbreak Slows

WA Enters Final Run of Restrictions After Virus Outbreak Slows
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

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Australian PMI: Manufacturing grows at record pace in June

Date Time
Australian PMI: Manufacturing grows at record pace in June
The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI®) rose by 1.4 points to 63.2 in June, delivering the highest monthly result since the Australian PMI® commenced in 1992 (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 2020-21 financial year closed on a high note for Australia’s manufacturing sector. Ai Group’s June Australian PMI® pointed to record growth across the sector fuelled by the fastest recorded pace of expansion in each of the food & beverages; machinery & equipment; building materials; and chemicals sectors. Production, employment, and sales exports were all higher than in May although the rate of acceleration generally eased. Exports of manufactured goods surged in June and new orders were also higher, pointing to the like ....

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Australia's 'Kneejerk Lockdown Contest' Will Pummel Businesses, Industry Warns

Australia's 'Kneejerk Lockdown Contest' Will Pummel Businesses, Industry Warns
theepochtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theepochtimes.com Daily Mail and Mail on Sunday newspapers.

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Australian PMI: Manufacturing goes from strength to strength in April 2021

Date Time
Australian PMI: Manufacturing goes from strength to strength in April 2021
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 recorded since the Australian PMI® moved to a monthly format in May 2001 (readings above 50 points indicate expansion in activity, with higher results indicating a faster rate of expansion).
All six manufacturing sectors in the Australian PMI® expanded in April 2021, as did all seven activity indicators. The capacity utilisation index hit a record high, suggesting employment and/or investment may need to step up in order to facilitate further growth from here. ....

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