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Manufacturing Benchmarks 2024: Paving the way for sustainable growth Report

The manufacturing sector has demonstrated remarkable resilience and adaptability, achieving steady growth through effective cost management and strategic investments despite economic challenges.

Michael Climpson
Jessica Tenace
David De Fazio
| 2 min read | 10 Jul 2024
The state of Australian Manufacturing: 2023 Manufacturing benchmarks Report

This analysis of Australian mid-sized manufacturers has shown a positive outlook, with average year-on-year sales growing by 6.7 per cent in 2023. This growth can predominantly be attributed to increased capital expenditure and investing into emerging technologies. The outlook is particularly promising for business with revenue over $100m, whose scale has supported ongoing success through stronger forecasting linked to better pricing agreements and growing market shares due to their steady inventory.

Michael Climpson
Jessica Tenace
| 3 min read | 18 Sep 2023