The Trade-chain experiment

Using blockchain and Internet of Things technology, we tracked a shipment of almonds from regional Victoria all the way to Germany, with end-to-end visibility over the supply chain. The whereabouts of the transported goods could be checked via a web app at any time, resulting in smarter planning and potential cost savings throughout the supply chain.

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Insights

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Manufacturing PMI July

Australia’s manufacturing sector started the third quarter on a softer note, with the latest survey data indicating a moderation in growth.

Services PMI July

PMI survey data showed business activity in the Australian service sector rising at the start of the third quarter,  supported by order book growth. Backlogs of work accumulated further while business sentiment remained positive. 

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Manufacturing PMI June

Australia’s manufacturing sector finished off the second quarter on a stronger note, according to latest survey data. Faster expansions in both production and new orders lifted the headline index which, in turn, encouraged firms to boost hiring and raise purchasing activity.

How technology can revolutionise shipping

Blockchain’s potential to strip out cost, time, error and fraud, while increasing transparency, is leading some shipping companies to run trials with clients. 

  Agri Insights: Grains March 2018

Efficiency through technology

Learn where and why Australian grain farmers are investing in their operations.

Services PMI June

The end of the second quarter saw Australia’s service sector on a stronger footing, with business activity expanding at the fastest rate so far this year, supported by solid order book growth.

Things you should know

The publications on this page are published solely for information purposes. As they have been prepared without considering your objectives, financial situation or needs, you should, before acting on the information, consider its appropriateness to your circumstances and if necessary seek the appropriate professional advice. Any opinions, conclusions or recommendations are reasonably held or made, based on the information available at the time of each publications compilation, but no representation or warranty, either expressed or implied, is made or provided as to the accuracy, reliability or completeness of any statement made. Commonwealth Bank of Australia ABN 48 123 123 124.