APRIL/MAY 2018 ISSUE 101

Page 1

AUSTRALIA'S LARGEST CIRCULATING MANUFACTURING MAGAZINE

Industry Update

CHECK

OUT

®

MANUFACTURING MAGAZINE

Issue 76 February 2014 $12.00 INC.GST Issue 101 April/May 2018 $12.00 INC.GST

MANUFACTURING GROWTH Australian manufacturing is set to continue its unexpected wave of growth throughout 2018 and beyond, buoyed by unprecedented infrastructure investment and a weakened Aussie dollar.

of infrastructure projects – particularly in New South Wales, and when you view this against a background of robust global economic growth, the opportunities are there for manufacturing to prosper.”

“More Australian manufacturers are exporting under the Coalition Government. For every $1 of revenue the sector generates, 28 cents comes from abroad. That’s up from 23 cents a decade ago,” says Senator Cash.

The growth of the manufacturing sector has been charted by the Ai Group Performance of Manufacturing Index, which peaked in March to a record high while marking 18 consecutive months of growth.

Bizarrely, the threat of a global trade war seems to have worked in favour of Australian industry – in the short term at least – by softening the value of the Aussie dollar.

Besa Deda is Chief Economist for St.George Bank, and having analysed the data is keen to highlight the continuing improvement in some of the subindexes of the Australian PMI. “It’s particularly encouraging,” she says, “that the new orders subindex is at a record high.”

Nonetheless, the nation’s reliance on export markets has increased in recent years. According to Minister for Jobs and Innovation Senator Michaelia Cash: “Australia’s access to global international markets will be fundamental to the continued health and success of our local manufacturing industry.

Besa Deda from St.George also sees positives in the manufacturing employment statistics. “Although manufacturing employment as a proportion of the economy as a whole is in a long-term decline, the recent gains are encouraging,” she says, pointing to nearly 10,000 new manufacturing jobs and increasing capital expenditure plans in the sector.

And while she is cautious about Australia’s exposure to any trade war involving China and the USA, Besa Deda points to a combination of factors fuelling the growth of the manufacturing sector. “There’s a bulging pipeline

One word of warning, though, comes from financial analyst illion, which noted in its most recent Australian Business Expectations Survey that one in three manufacturers had reported customers or suppliers become insolvent or unable to pay them in the preceding 12 months, highlighting cashflow as the second-biggest barrier to growth in the year ahead, after utilities and operating costs

“We export more than $20 billion a year more today than we did a decade ago. Australian exporters have, in fact, sold $2.7 trillion to the global economy over the last decade.

245_340_3mmbleed_wi 2018-04-04T11:34:01+10:00

8 - 10 May 2018 ICC Sydney, Darling Harbour

SOURCE PRODUCT SHARE SOLUTIONS 9 – 11 May 2018 CONNECT @ARBS Sydney Showground

R SPEAKIEES R E S KINGS

BOO OPEN NOW

Now available at a one-off price of $400 and with significant discount for quantity orders, the DarDeck safe step platform can pay for itself in efficiency gains. And the improved safety it brings to any warehousing, retail or maintenance environment could save a fortune in workers compensation and public liability payouts. Designed as a simple and more productive alternative to unstable stepladders and unguarded low work platforms, the Australian designed and manufactured DarDeck combines a solid working platform with safety rails to prevent the user from overbalancing and falling. There is also an integrated shelf to ensure both hands are free when mounting and dismounting.

New Generation High Accuracy

WHERE INNOVATION MEETS OPPORTUNITY 150+

Continued page 52 HEALTHY & HAPPY AT WORK 5 EXERCISES TO KEEP YOU FIT PAGE 61

WORKPLACE HEALTH AND SAFETY SHOW PAGE 34

Informative industry Speaker Series 300+ exhibitors and product presentations NEW smart buildings precinct, IBTech@ARBS Industry awards and gala dinner celebration Business and networking opportunities

www.industryupdate.com.au

PRODUCTIVITY PLUS FOR SAFE MOBILE PLATFORM

NEW

ARBS 2018: EXPLORE THE NEW SYDNEY ICC PAGE 15

INDUSTRY UPDATE VIDEOS WITH NATIONAL TV ICON TIM WEBSTER

LEADERS IN INDUSTRIAL AUTOMATION SUPPLY

EXHIBITORS

4500+

ATTENDEES OVER 3 DAYS*

11

QM-Height 350/600mm with 40+ INDUSTRY SPEAKERS Air Floating Function ZONES EXHIBITION

FREE

TO ATTEND Expo & Conference

Flexible Cables

Chainflex Cables

Energy Chains

Connectors

Flexible Conduits

Cable Accessories

Safety Products

Sensors

Measuring Systems

Bearings

Gearboxes

Linear Units

INCLUDING:

Advanced Materials New generation Additive Manufacturing Automation & Robotics Engineering high accuracy, Industrial Internet of Things Welding Technology

high resolution ABSOLUTE linear encoder for position detection from Mitutoyo

*Based on 2016 attendance CAB Audited by AMAA

Register now at:

Ph: 03 9450 1900 www.nationalmanufacturingweek.com.au Silver Sponsor

Organised by

Co-located with

6/10/2015 8:10 am

92 19

201 7

YEARS

C

MTIQualos_Measurement 2015 IndUpd.indd 1

L

E

Treotham Automation Pty Ltd Phone: 1300 65 75 64 Email: info@treotham.com.au Website: www.treotham.com.au Offices in Sydney, Melbourne, Brisbane & Perth

G

Gold Sponsor

EB

I

N

sales@mtiqualos.com.au www.mtiqualos.com.au

Supporters

R AT


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.