CommBank Manufacturing Insights 2024

Our latest Manufacturing Insights Report delves into the top challenges facing Manufacturing and Distribution businesses, from sustainability requirements through to productivity innovations, and the tactics they're using to stay ahead.

Key insights:

  • 71% of manufacturers are focusing on productivity to adapt to changing customer needs and preferences
  • 83% of manufacturers and distributors expressed confidence with business conditions over the next year
  • 34% expect that mandatory climate-related financial reporting will significantly change their business strategy

Learn more

Tailored solutions

Unlock funds in unpaid invoices 

Manage cash flow fluctuations with our invoice financing solution, Stream Working Capital.1

  • No fixed repayments 
  • No property security  
  • Connect to eligible cloud-based accounting software1

Pay international suppliers

Take your business around the world with our international payment solutions.  

  • Make payments in more than 30 currencies 
  • Access real-time currency exchange rates on CommBiz2
  • Manage all international payments in one place

Finance vehicles or equipment

From automated machinery to PPE, we've got finance and leasing solutions for you.  

  • 100% financing and options of fixed or variable rate pricing 3
  • Ability to "buy back" suitable equipment and convert to financing arrangement 3
  • Access discounted pricing for a wide range of green and efficient vehicles and equipment 4

Why CommBank?

Switching is easy. Request a callback today and our team will get in touch with the next steps. 

Specialised support

Talk to our specialists in manufacturing and supply chain who understand the challenges and needs of your business. 

Regional & metro 

Get support wherever you are with our national network of bankers across regional and metro locations. 

Award-winning banking

Place your trust in Australia's Bank of the Year for Digital Banking.5

Trusted by manufacturing & supply chain businesses across Australia

Explore the latest industry insights, news and customer case studies.  

Manufacturing Insights 2024

Stay ahead of the latest trends and insights for manufacturing and wholesaling across: 

  • Technology  
  • Supply chain 
  • Cyber security 
  • Sustainability 

Workforce diversity is helping regional manufacturers thrive

Building a more gender-equal and diverse manufacturing workforce is crucial to bridging labour shortages and modernising the sector. Learn more about how this is taking shape in Queensland.

The competitive edge that keeps SA’s manufacturing sector on the world stage

With goals to open ‘unparalleled opportunity’, the South Australian government’s Advanced Manufacturing Strategy is set to make the state’s manufacturing sector the global partner of choice. 

 

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. 

     

    1 Eligible accounting software include Xero, MYOB and QuickBooks. Other accounting software platforms are subject to approval, and will require CSV files to be uploaded into Stream Working Capital. Applications for finance are subject to the Bank’s eligibility and suitability criteria and normal credit approval processes. The minimum value of nominated invoices is $15,000 per month. A minimum facility limit applies to Stream Working Capital: $50,000 or more for customers using an eligible accounting software; $1.5 million or more for customers using other accounting software. We will require your consent to access your accounting software or information to assess your application and manage your account going forward. Full terms and conditions, interest rate, establishment fee and line fee are included in the Loan Offer, you should consider these before making any decisions about these products. Bank fees and charges may apply. To use Stream Working Capital you'll need to open or switch to a Stream Working Capital Transaction Account if your application is approved. Fees and charges for this account are in addition to those associated with any existing business transaction product. View our current Terms and Conditions for Stream Working Capital (PDF 781.10KB), Business Savings and Transaction Accounts (PDF 378.18KB) and Electronic Banking (PDF 493.34KB), our Financial Services Guide (PDF 79.84KB) and the Target Market Determination and consider them before making any decisions about these products. Fees, charges and Terms & Conditions apply. View our current interest rates.

    https://www.commbank.com.au/content/dam/commbank/business/pds/004-634.PDF

    3Credit provided by Commonwealth Bank of Australia. These products are only available to approved business customers for business purposes only. All applications are subject to the Bank’s eligibility and suitability criteria and normal credit approval processes. You should view our current Asset Finance Terms and Conditions and consider them before making any decision about these products. All rates are subject to change. Fees, charges, terms, conditions and lending criteria apply.

    4A discount may apply for qualifying green or hybrid vehicles and equipment when you ask for it. No discounts are automatically applied and must be requested prior to funding. Any discounts apply to the standard carded rate and cannot be combined with any other pricing reductions. Discounts offered are subject to change without prior notification. We reserve the right to modify or revoke any discount offered at any time, for any reason.

     5The Canstar 2023 Bank of the Year Award was received in June 2023 for Digital Banking. For more information, visit canstar.com.au