Australian PSI®: Services sector sluggish in August
The services sector was sluggish in August with the gradual withdrawal of fiscal stimulus and the uncertainty surrounding the national political landscape continuing to impact on demand.
Thursday 02 September 2010
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Industry welcomes new blueprint for QLD infrastructure investment
"Ai Group welcomes new initiatives by the Queensland government to channel investments into infrastructure projects and skills development," Ai Group Queensland Director Matthew Martyn-Jones said today.
Wednesday 01 September 2010
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Australian PMI®: Manufacturing growth slows in August
Uncertainty related to the federal election was among the factors dampening demand in the manufacturing sector during August.
Wednesday 01 September 2010
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Australian Industry Group comment on federal election
“The prospect of a hung parliament and a Senate where a minor party holds the balance of power in its own right, is a worrying outcome for business. It will potentially lead to instability, uncertainty and short-termism in policy development, all of which poses risks and challenges for the economy,” Australian Industry Group Chief Executive Heather Ridout said today.
Sunday 22 August 2010
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Australian PCI®: Construction weakens further in July
The construction industry moved further into the red during July according to the latest Australian Industry Group/Housing Industry Association Performance of Construction Index (Australian PCI®).
Friday 06 August 2010
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Australian PSI®: Further weakness in services in July
Cautionary consumer spending and the waning influence of fiscal stimulus continued to drag down the services sector in July with the latest seasonally adjusted Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (Australian PSI®) falling 2.2 points to 46.6 in July (below the 50 point level separating expansion from contraction).
Wednesday 04 August 2010
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New commercial dispute resolution facility welcomed by business
"The Australian International Disputes Centre (AIDC), officially opened in Sydney today, will for the first time give companies a dedicated facility to resolve commercial disputes quickly and fairly," Mrs Heather Ridout, Chief Executive of the Australian Industry Group said.
Tuesday 03 August 2010
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Australian PMI®: Manufacturing remains in the black in July
The manufacturing sector entered its third quarter of growth in July on the back of stronger levels of production, new orders and deliveries. The seasonally adjusted Australian Industry Group – PricewaterhouseCoopers Australian Performance of Manufacturing Index (Australian PMI®) rose 1.5 points to 54.4 in July heralding a seventh straight month of growth in manufacturing (readings above 50 indicate an expansion in activity).
Monday 02 August 2010
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Ai Group welcomes appointment of Queensland Gas Commissioner
"Ai Group welcomes the appointment of Ms Kay Gardiner as Queensland Gas Commissioner," Ai Group Queensland Director Matthew Martyn-Jones said today.
Wednesday 28 July 2010
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Comment on climate change policy announcement
In relation to today's climate change policy announcement by the Prime Minister, and expected further policy announcements by opposition parties, the following comments are below.
Friday 23 July 2010
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Climate Change Policy: Government and industry need to continue the dialogue and a principles-based approach should form the basis of action
"As Australia heads towards the election on 21 August, climate policy remains a crucial issue for Australian industry. Government and industry need to continue the dialogue on climate change and a principles-based approach should form the basis of action," Ai Group Chief Executive Heather Ridout said today.
Tuesday 20 July 2010
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Comment on potential changes to Fair Work Act
"There are areas in the Fair Work Act where it has been demonstrably shown that amendments are required.
Sunday 18 July 2010
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Business looks to election policies that will deliver a robust, balanced and sustainable economy
"The government to be elected on 21 August will have to deal with a domestic and world economy facing renewed economic uncertainty, while meeting the demands of a booming resources sector and all the pressures that entails, such as skill shortages, a high dollar and further pressure on interest rates," Australian Industry Group Chief Executive Heather Ridout said today.
Saturday 17 July 2010
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Some sensible changes needed to Fair Work transfer of business laws
"A detailed submission released today by the Australian Industry Group shows that some sensible changes are needed to the Fair Work transfer of business laws. As the laws currently stand they are operating against the interests of both employers and employees," Ai Group Chief Executive Heather Ridout said today.
Friday 16 July 2010
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The Fair Work Bargaining Laws - Analysis of the first 12 months
"A detailed analysis released today by the Australian Industry Group of the first 12 months of operation of the Fair Work bargaining laws shows that the laws are still far from settled," Ai Group Chief Executive Heather Ridout said today.
Wednesday 14 July 2010
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New Australian Industry Group Queensland Director
"I am delighted to announce that Matthew Martyn-Jones has been appointed as the new Director of the Australian Industry Group's Queensland Branch," Ai Group Chief Executive Heather Ridout said today.
Friday 09 July 2010
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Skills shortages loom large as a risk to growth
According to a new Australian Industry Group/ Deloitte CEO survey, skills shortages are again looming large as a major risk for business and pose real problems for companies in terms of production and service delivery.
Friday 09 July 2010
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Policy and Representation
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The Australian Industry Group.