China’s factory activity unexpectedly contracted in January, with the official purchasing managers’ index falling to 49.1, below expectations. The slow season ahead of the Lunar New Year contributed to this decline, as migrant workers returned home. However, industrial profits jumped 11% in December, showing signs of recovery after months of decline, while the full-year industrial profits for 2024 fell 3.3% from the previous year.
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Government spends 49 per cent of three year budget spruiking live export policy, says export council
Nearly half of the advertising budget of the Department of Agriculture, Fisheries and Forestry (DAFF) since 2022 has been allocated to promoting the live sheep export ban, according to the Australian Live Export Council (ALEC). A $2.3 million tender awarded to Universal McCann is highlighted, with DAFF's total advertising spending exceeding $4.66 million in this period, including campaigns for Bird Flu and biosecurity. Critics, including ALEC's CEO Mark Harvey-Sutton, argue the campaign primarily targets urban...
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