💼 Global working poverty declines. Sustainability assurance reached 80%. AU's manufacturing GVA rises.

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Today's Topics

💼 Workforce. Decline in working poverty rate by nearly 10 percentage points🍃 Green Skills. Sustainability assurance reached 80% globally
🏭 Advanced Manufacturing. Australian manufacturing industry GVA increased by AU$50B

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💼 Decline in working poverty rate by nearly 10 percentage points

The global working poverty rate has more than halved since 2010, reflecting steady improvements in job quality, wage growth, and access to social protection across many emerging economies. Long term investments in education and minimum wage policies helped lift millions of workers above the poverty line. The recent slowdown in progress shows that sustaining these gains now depends on productivity growth and stronger labour institutions rather than job creation alone.

🍃 Sustainability assurance reached 80% globally

Globally, around 80% of companies now have their sustainability reporting assured, showing how mainstream non financial disclosure has become. Sustainability reporting tracks how firms manage environmental, social, and governance impacts, including emissions, labour practices, and risk. Common frameworks include GRI, SASB, TCFD, and the ISSB standards. Assurance improves credibility for investors and regulators. As ESG planning shapes access to capital and reputation, verified sustainability data is increasingly treated as essential business information rather than optional reporting.

🏭 Australian manufacturing industry GVA increased by AU$50B

Australia’s manufacturing GVA rose by nearly AU$50B over the decade as the sector shifted toward higher value production. Growth was driven by advanced manufacturing, defence industries, food processing, and critical minerals linked to clean energy supply chains. Strong export demand from Asia and sustained public investment also lifted output. Rather than volume growth alone, the increase reflects greater productivity and more complex manufacturing activities across the economy.

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