Manufacturing drives Australian business revenue growth in ABS experimental indicator swansong

Manufacturing News

The Monthly Business Turnover Indicator (MBTI), an experimental economic indicator developed in 2021 and using monthly Business Activity Statement data, has released its final result, showing that manufacturing enjoyed its “highest growth on record” in the MBTI’s history. According to a statement from the Australian Bureau of Statistics (ABS) on Monday, the September result showed…

Australian-developed design software company secures $2.8 million, aims to take users with ideas from “concept to commerce”

Technology

Sydney-based startup Fabra has secured $2.8 million in pre-seed funding and launched the public beta of its design software, which it describes as an intuitive web-based platform to “easily design manufacturer-ready products online.” According to a statement from the company on Tuesday, its investors so far include January Capital, Side Stage Ventures, Concept Ventures and…