High Inflation Contributes to 12,000 Job Losses in Australia’s Manufacturing Industry: Ai Group

‘There’s a pressing need to address the supply constraints across our economy that are at the root of our inflationary troubles,’ said Ai Group director. A worker is seen on the production floor at the Civmec Construction and Engineering facility in Perth, Australia, March 10, 2017. A worker is seen on the production floor at the Civmec Construction and Engineering facility in Perth, Australia, March 10, 2017. AAP Image/Dan Peled A major peak industry body has revealed that Australia’s manufacturing sector slashed around 12,000 jobs, or 1.3 percent of the...