date:Jul 06, 2012
g the strength of the decrease).
The surveyed Australian-based manufacturers expressed concern about the strong Australian dollar, the start of the carbon tax and import competition.
Only four of the 12 sub-sectors recorded an expansion in June. Clothing and footwear, paper, printing and publishing, transport equipment, and machinery and equipment all reported outright increases.
Australian Industry Group Chief Executive, Innes Willox, said that the contraction afflicting manufacturing was due t