With the coronavirus (COVID-19) pandemic having significant implications across Australian society – including for individuals and businesses in the manufacturing sector – here is a round-up of this week’s key developments for Australian manufacturing.

  • The Ai Group’s Australian Performance of Business Index (Australian PBI) fell a further 12.6 points to 27.2 in April – the lowest monthly result in the Australian PBI and the largest single-month drop since the series commenced in 2005. The Australian PBI is a weighted composite of Ai Group’s indexes for Manufacturing, Services and Construction.
  • The news regarding the Australian PBI came on the back of last Friday’s announcement that the Australian Performance of Manufacturing Index (PMI) dropped by 17.9 points to 35.8 in April. This represented the largest month-to-month fall in the 28-year history of the index as Australian manufacturing contracted at its worst pace since April 2009. amtil.com.au/australian-pmi-march2020-amtil-2
  • The Safe Work Australia website has been updated to provide a central hub of work health and safety (WHS) guidance and tools to help Australian workplaces manage the health and safety risks posed by COVID-19. The website gives users easy access to guidance that is directly relevant to their specific industry. safeworkaustralia.gov.au/covid-19-information-workplaces

AMTIL is regularly updating its dedicated Coronavirus page on the AMTIL website, with an extensive listing of the most reliable, authoritative sources of information, advice and support for manufacturers. Access it here: www.amtil.com.au/coronavirus

In addition, several of AMTIL’s Corporate Partners have created dedicated resource pages offering information and advice on various aspects of the crisis:

We are also posting frequent updates on our AMT News pages, as well as to our social media feeds (see the links at the bottom of our website).

The COVID-19 crisis continues to evolve rapidly with new information emerging all the time. AMTIL strongly advises all our members and the wider manufacturing community to monitor events closely, and take the appropriate measures to stay safe.