Manufacturing in Australia is Alive, and Thriving

Manufacturing in Australia is Alive, and Thriving

With the exit of the car industry, and offshoring of many other manufacturing industries, the Australian Manufacturing Industry looked dire and in need of some intensive care.  However it has proven itself to be more resilient and innovative than first thought.  The recent Commonwealth Bank report in this sector indicates that the growth in the Manufacturing Industry is improving solidly and is now in expansion phase and growing.   This is a very positive outcome for the Australian Economy.  For more information visit Commonwealth Bank Manufacturers PMI report