Fed: Industry booming but employment negative survey finds

AAP General News (Australia)
01-14-2000
Fed: Industry booming but employment negative survey finds

CANBERRA, Jan 14 AAP - Australian industry is booming, with production, sales and exports
up and no sign of wage or price pressures, a new survey of Australian manufacturing found
today.

However the latest Australian Industry Group/ PricewaterhouseCoopers survey revealed
that expectations for next year have dived because of concern about interest rates and
the GST.

The report found production strength was maintained in the December quarter, with over
half of those surveyed reporting an increase and 23 per cent indicating a …