2026 has certainly started at pace and we had hoped for economic stability to lift confidence. While several leading economists were forecasting 4 to 5% growth in equipment sales this year, the escalating conflict in the Middle East represents a significant external shock for the construction sector. The impacts are being felt primarily through fuel‑driven cost escalation, ongoing [...]
CMEIG’s Engineering Working Group (EWG) continues to progress a range of priority issues, with a strong focus on lifting with excavators. Through a formal submission to Safe Work Australia and ongoing engagement, CMEIG has sought a “seat at the table” to ensure the perspectives of earthmoving equipment manufacturers are represented. [...]
The Sydney AGM and Member Forum was held in March, and featured a strong program of informative presentations. Dima Ivanov, CEO of PowerStats Limited, shared an update on market statistics, including comparisons between the Australian and South‑East Asian markets. He also outlined plans to streamline the model registration process to remove uncertainty [...]