Australian PSI®: Services sector lifts in January
The services sector recorded a lift in activity in January, following three consecutive months of decline, according to the latest Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (Australian PSI®). The latest seasonally adjusted index was 2.9 points stronger at 51.9 in January (readings above 50 indicate an expansion in activity).
Friday 03 February 2012
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Ai Group Comment on release of Seamless National Economy Report
"The Seamless National Economy Report released today (Friday 3 February 2012) outlines some important areas of progress in this critical national project but at the same time it highlights key areas in which we are falling behind," said Ai Group Chief Executive, Heather Ridout.
Friday 03 February 2012
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Focus on defence skills a positive first step
"The Defence Industry Workforce Strategy Discussion Paper released today by the Federal Government is a positive initial step towards mapping the skilling issues within the sector and developing long term solutions for industry stability and growth," said Australian Industry Group Defence Council Executive Director, Innes Willox.
Wednesday 01 February 2012
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Equal Remuneration Decision Creates Huge Risks for Australia's Workplace Relations System
"Today's Equal Remuneration Decision of Fair Work Australia (FWA) creates huge risks for Australia's workplace relations system. The danger is that the decision will lead to a raft of union claims in other industries. This is particularly so given the looseness of the equal remuneration provisions of the Fair Work Act, as applied by the majority of the Full Bench of FWA in this case," said Ai Group Chief Executive, Heather Ridout.
Wednesday 01 February 2012
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Australian PMI®: Manufacturing holds positive territory in January
Manufacturing activity remained in positive territory in January, according to the latest Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®). The latest seasonally adjusted index expanded slightly in the month, up 1.4 points to 51.6 (readings above 50 indicate an expansion in activity).
Wednesday 01 February 2012
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'Safe Rates' Legislation not the Answer to Road Safety
"Ai Group strongly believes that a narrow focus on how, and how much, drivers are paid is not an effective way to address road safety," Chief Executive Heather Ridout said today as Ai Group's was finalising its submission on the Federal Government's Road Safety Remuneration Bill.
Monday 30 January 2012
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Resourcing the Future: Ai Group's QLD Election Priorities
The Australian Industry Group today released its pre-election document, Resourcing the Future, which details industry's policy priorities for the next Queensland government.
Thursday 26 January 2012
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Industry Welcomes Productivity Commission Inquiry Into Superannuation Default Funds
"Today’s announcement of a Productivity Commission Inquiry into superannuation default funds in modern awards is welcome. Default funds play an important role in simplifying superannuation arrangements for employers and employees," said Australian Industry Group Chief Executive, Heather Ridout.
Friday 20 January 2012
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Government Bill To Abolish The ABCC Should Be Rejected By Parliament
"The Government's Bill to abolish the Australian Building and Construction Commissioner (ABCC) should be rejected by Parliament. The ABCC is carrying out a vital role and is needed today as much as ever. Those who comply with the law have nothing to fear from the ABCC and the existing legislation," said Australian Industry Group Chief Executive, Heather Ridout.
Friday 20 January 2012
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Fair Work Act Review Discussion Paper Is Useful, As Far As It Goes
"The Discussion Paper released today for the Fair Work Act Review is useful, as far as it goes. It contains a series of questions which will give some focus to the Review," Australian Industry Group Chief Executive Heather Ridout said.
Wednesday 18 January 2012
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Business Investment In New Technologies: Improving Business Performance
The latest Australian Industry Group/Deloitte National CEO report, Business Investment in New Technologies, examines business investment in new technologies over the past three years.
Tuesday 17 January 2012
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Ai Group comment on co-investment in Ford upgrade
Ai Group Chief Executive Heather Ridout said: "The co-investment announced today represents a renewed commitment by Ford, supported by the Commonwealth and Victorian governments, to continue production in Australia. It is an approach that will be warmly welcomed by the many local small and medium-sized businesses in the automotive supply chain. The automotive industry plays a very important role in product and process innovation, workforce and management training in the Australian manufacturing sector. These contributions have broad regional and national benefits both in the Australian manufacturing industry and across the broader economy.
Tuesday 10 January 2012
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Australian PCI®: Construction weakness eases with lift in resource sector work
A boost in resource-related engineering construction helped ease the rate of decline across the national construction sector in December. The Australian Industry Group Australian Performance of Construction Index (Australian PCI®) in conjunction with the Housing Industry Association, increased by 1.4 points to 41.0 in December although it remained below the 50 point level separating expansion from contraction for the 19th consecutive month.
Monday 09 January 2012
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Australian PSI®: Services sector weakness continues in December
With household discretionary spending remaining soft, the services sector was in negative territory in December according to the latest Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (Australian PSI®). Although the seasonally adjusted index was 1.3 points higher in December at 49.0, it remained below the 50 point level, indicating a contraction in activity.
Thursday 05 January 2012
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Australian PMI®: Manufacturing nudged positive territory in December
The manufacturing sector nudged positive territory in December with the latest Australian Industry Group – PwC Australian Performance of Manufacturing Index (Australian PMI®) rising by 2.4 points to 50.2 (readings above 50 indicate an expansion in activity).
Tuesday 03 January 2012
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Employers Need Real Outcomes From Fair Work Review to Support Competitiveness in Precarious Economic Times
In commenting on the Fair Work Act Review announced today, Australian Industry Group Chief Executive Heather Ridout said: "This is a most important review and employers are looking for real outcomes that will support the competitiveness of their businesses over the next few years in what promise to be volatile and difficult economic times. Indeed, consistent with this challenge, the test of the Review will be the extent to which its outcomes support increased productivity and flexibility, reduce red tape and improve competitiveness," Mrs Ridout said.
Tuesday 20 December 2011
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Australian Industry Group Applies for Federal Court Review of Fair Work Australia's ADJ Contracting Decision
"The Australian Industry Group has applied to the Federal Court for a judicial review of the Fair Work Australia Full Bench decision in The Australian Industry Group v ADJ Contracting Pty Ltd. The Federal Court proceedings will be an important test of section 194 of the Fair Work Act which deems particular enterprise agreement clauses to be "unlawful terms" said Australian Industry Group Chief Executive, Heather Ridout.
Friday 16 December 2011
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Ai Group Comment on Interstate Reform Partnership between NSW and Victoria
Australian Industry Group Chief Executive Heather Ridout has welcomed the agreement between the New South Wales and Victorian Governments to work closely in a number of areas of reform including energy efficiency and training.
Wednesday 14 December 2011
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Ai Group Comment on Draft Energy White Paper
"The draft Energy White Paper released today is a significant piece of work, long anticipated and deserving of close analysis," said Ai Group Chief Executive, Heather Ridout.
Tuesday 13 December 2011
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Ai Group Comment on Ministerial Reshuffle
"The major Cabinet reshuffle has significant implications for business in key policy areas where Australia's competitiveness and productivity are at stake. It is especially important given the looming critical decisions related to the impact of the multi-speed economy which will have major implications for important sectors of the economy such as manufacturing," said Australian Industry Group Chief Executive, Heather Ridout.
Monday 12 December 2011
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Policy and Representation
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