The truth about Australian manufacturing will surprise you!
Most Australians believe that manufacturing in Australia is dead, but after today’s show you will realise manufacturing isn’t just surviving, it’s entering a new year of growth and innovation. In today’s show Simon Kuestenmacher and I discuss the evolving landscape of Australian manufacturing and debunk the myth that it is dead. We explore the current state of the industry, the impact of automation and technology, and the importance of government support and energy policy. The conversation also touches on regional development, housing solutions, and emerging trends that could shape the future of manufacturing in Australia. Takeaways · Manufacturing in Australia is not dead; it's evolving. · The workforce in manufacturing is still significant, despite a decline in percentage. · Automation and technology are reshaping manufacturing jobs. · Energy policy is crucial for the future of manufacturing. · There are opportunities for high-tech and value-added manufacturing. · Regional development can alleviate housing challenges. · Government support is needed to make energy cheaper. · The pandemic highlighted the need for local manufacturing of essential goods. · Emerging trends include pharmaceuticals and biotech manufacturing. · Consumer demands are driving changes in manufacturing practices. Chapters 00:10 The State of Australian Manufacturing 03:16 Shifts in Workforce Dynamics 05:55 Global Trade and Manufacturing Efficiency 09:09 The Future of Manufacturing Jobs 12:15 Value-Added Manufacturing Opportunities 15:01 High-Tech Manufacturing and Innovation 18:03 Sustainability in Manufacturing 21:17 Regional Manufacturing Potential 23:59 Government's Role in Manufacturing Links and Resources: About Simon Kuestenmacher Simon Kuestenmacher is co-founder and Director – The Demographics Group Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers. He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels. Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others. About Michael Yardney Michael Yardney- founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders. While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation. Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation. Follow Michael on Linked In or Instagram Are you interested in property investment - let the team at Metropole build you a Strategic Property Plan to help give you clarity, direction and wealth-producing results.