Australian Industry Group

A new report released today by the Australian Industry Group has identified critical skill issues facing Australian businesses with 75 per cent of employers reporting skill shortages and 99 per cent...

This week the Reserve Bank of Australia (RBA) left the cash rate on hold at a record low of 1.50%, where it has been since August 2016. The RBA’s accompanying statement was little changed from...

The pace of growth across the construction industry was relatively unchanged in August, despite a continued decline in apartment building activity, with the Australian Industry Group/Housing Industry...

Australian PSI: Slower growth for services in August The Australian Industry Group Australian Performance of Services Index (Australian PSI) fell 1.4 points to 52.2 in August, indicating a further...

AUSTRALIAN ECONOMIC DEVELOPMENTSThis week the distribution of Australia’s income –as opposed to its growth –came under the spotlight, with the release of a landmark report on...

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) climbed 4.7 points to 56.7 in August, indicating faster growth across the manufacturing sector (readings...

With dwelling value growth having slowed over the 2017-18 financial year to a decline of -0.8% from an increase of 10.2% over the previous year, it has done little to add to sales of the most...

“While it is not a surprise, the rejection by the Senate of the remainder of the Government’s Enterprise Tax Plan and its subsequent withdrawal by the Government is a major setback for...

Australian Economic DevelopmentsAustralia’s labour market continues to expand in 2018. The ABS estimates that the national unemployment rate fell to 5.3% in July 2018, its lowest point in five...

"The strong support of the National Energy Guarantee from the Federal Coalition's party room is a positive, and we are hopeful there will now be no barrier to getting on with the next stage of...

“Continuing development of the National Energy Guarantee was a positive step today towards cementing a durable framework for energy and climate . But the COAG Energy Council will soon have to...

AIG Construction Index The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI) increased by 1.4 points to 52.0 in July, signaling...

This week Ai Group’s monthly business surveys showed that Australia’s manufacturing and services sectors continued to expand in July, but they appear to be slowing as we head into the new...

AIG Services IndexThe Australian Industry Group Australian Performance of Services Index (Australian PSI) fell 9.4 points to 53.6 in July, indicating a slowing of growth from June's record high...

The Australian Industry Group Australian Performance of Manufacturing Index (Australian PMI) fell 5.4 points to 52.0 in July, indicating continuing but slower growth across the manufacturing sector...

AUSTRALIAN ECONOMIC DEVELOPMENTSAustralia’s consumer price index (CPI) accelerated to 2.1% p.a. in the June quarter of 2018 (Q2), reaching the lower end of the RBA’s target band of 2 to 3%...