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Services activity slumps

... 50 means the sector is contracting. Australian Industry Group (Ai Group) chief executive, Heather Ridout, said the start of 2009 had Australia's services sector fronting tough business conditions. "Of particular concern is the continued decline in new orders and supplier deliveries, both of which fell for a ninth consecutive month in December,'' Mrs Ridout said. "This ongoing uncertainty...

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Employers will resist sacking workers, says industry group

... long term” when contemplating potential job cuts.Australian Industry Group chief executive Heather Ridout says bosses will resist shedding staff wherever possible.“Employers are always reluctant to part with staff, in these times particularly when they've had a lot of labour shortages,” she told Sky News.“They'll be very reluctant (to make cuts).”But Ms Ridout admitted some job losses...

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Manufacturing activity slows

... activity fell in all states, the survey said. Australian Industry Group chief executive Heather Ridout said tough conditions were expected to continue at the start of 2009. "The continued decline in new orders as consumers, the construction sector and overseas markets cut back on demand for manufactures, and the ongoing unwinding of inventories suggest that production will ease further over...

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Manufacturing decline continues: survey

... activity fell in all states, the survey said.Australian Industry Group chief executive Heather Ridout said tough conditions were expected to continue at the start of 2009."The continued decline in new orders as consumers, the construction sector and overseas markets cut back on demand for manufactures, and the ongoing unwinding of inventories suggest that production will ease further over...