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Manufacturing Success

Jennifer Palmer - Aug 2015
We are seeing a number of our clients continuing to kick goals in the manufacturing sector of late.  This is in line with the latest statistics showing sales are growing for the first time in more than a year.  The Performance of Manufacturing Index (PMI) by the Australian Industry Group rose by 6.2 points to 50.4 last month.  This is just above the key 50-point level, which separates expansion from contraction.

The lower Australian dollar is clearly helping, however we are seeing the hope of manufacturing lies with the specialists in select industries.  Smaller producers will dominate the country’s industrial sector where the bigger manufacturers have already left the market place.  There is still a lot of pent up demand where people have delayed purchasing items until needed, creating demand. Opportunity for manufacturing in Australia!

If you would like to discuss manufacturing in Australia contact Scott Nicholls, Principal of Sullivan Dewing via email or call 9526 1211. 

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