Cash under siege: Managing Cash Flow in Troubled Times
The serious cash flow pressures currently being exerted on Australian industry will have major implications for business spending and investment into 2009, according to a new national business survey.
Business leaders call for strong and unified committment from G20 leaders in Washington
"The Australian Industry Group has joined a coalition of major international business organisations in G20 economies in issuing a Joint Statement addressed to leaders at the G20 meeting in Washington. The Statement calls for the forging of a strong and unified commitment to addressing the global economic situation," said Ai Group Chief Executive, Heather Ridout. Fair Work Bill – Industry needs a productive and balanced workplace relations system
"Today’s comments by the Deputy Prime Minister, Julia Gillard, give further insight into the Government’s plans for changes to the workplace relations system and the signs are reasonably encouraging," said Ai Group Chief Executive, Heather Ridout. The economic landscape in 2009
These half day briefings in Melbourne, Sydney and Brisbane will look at the fallout of the global economic crisis, emerging business models and new strategies business needs to develop for the coming year.
Mini Budget out of sync with the short and long term needs of NSW
“The Mini Budget handed down today by the NSW Government raises taxes and defers investment in order to fund higher recurrent expenditure. This is out of sync with the short and long term needs of the NSW economy which instead requires economic stimulus and investment in infrastructure,” said Ai Group NSW Director, Mark Goodsell.
Strong package to drive the future of the automotive industry
The Federal Government’s car plan released today is a strong package that will be welcomed by the industry and will provide much needed support. It creates an opportunity for the industry to reinvent itself in a spirit of mutual obligation,” said Australian Industry Group Chief Executive, Heather Ridout. | | Download the Ai Group Annual Financial Report.
Ai Group welcomes the focus of the Federal Government and the Council of Australian Governments (COAG) working towards a system of harmonised OHS legislation across Australian states and territories. The first report of the Review Panel has now been released.
Australian PCI®: Construction decline continues as new business remains weak
The construction industry continued to contract in October with the Australian Industry Group - Housing Industry Association Performance of Construction Index (Australian PCI®) posting a reading of 36.4 in October, to remain below the key 50-points level separating expansion from contraction for the eighth consecutive month.
Christine Nixon - Strong, courageous and effective leader
“Victorian Police Commissioner, Christine Nixon, has been a strong, courageous and effective leader who will step down from her position next year with the very best wishes of industry,” said Ai Group Chief Executive, Heather Ridout.
Australian PSI®: Services sector struggles amid global economic and financial market turmoil
Services sector activity slumped further in October with the Australian Industry Group - Commonwealth Bank Performance of Services Index (Australian PSI®) falling 2.8 points to 42.1, remaining below the key 50.0 level separating expansion from contraction.
Australian PMI®: Manufacturing records weakest result in 16 years
The Australian Industry Group - PricewaterhouseCoopers Australian Performance of Manufacturing Index (Australian PMI®) fell solidly in October to 40.4, a drop of 6.8 points and representing the lowest recorded level of the series since it commenced in 1992. |
