
Working Hard Without Much Return: Australian Manufacturers Struggle to Survive
Published on September 18, 2024
Manufacturers have shared with an Australian parliamentary committee about their struggles to stay afloat amid the impacts of high inflation and government policies. Matthew Fogarty, director of Celsius Manufacturing Pty Ltd, a Victorian-based company specialising in ductwork with 20 employees. The company has been operating for around 50 years, but Fogarty said the last couple of years had been incredibly tough. “I see every cost gone up. We buy a lot of steel, we buy a lot of insulation … all those things have really jacked up our import input costs, which made it really hard,” he said during a recent parliamentary inquiry hearing on the cost of living....
