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Australia

Australian economy Stories - Page 11

Australian Stories

Australian economy stories

AI-driven software to unlock AUD $6 billion a year for Australia
Customer Experience

AI-driven software to unlock AUD $6 billion a year for Australia

AI-driven software innovation could add AUD $6 billion annually to Australia's economy, boosting productivity and revenue amid governance and skills challenges.

By Melvin Hipolito • 4 min read • Thu, 18th Sep 2025
Victoria's tech sector delivers $36 billion boost & jobs surge
Data Analytics

Victoria's tech sector delivers $36 billion boost & jobs surge

Victoria's tech sector adds $36 billion and employs over 300,400, with workforce expected to exceed 700,000 by 2035 amid strong upskilling efforts.

By Melvin Hipolito • 4 min read • Tue, 16th Sep 2025
Australia Post & Shopify boost delivery for AUD $19.2bn market
Customer Experience

Australia Post & Shopify boost delivery for AUD $19.2bn market

Australia Post and Shopify have teamed up to simplify shipping, benefiting thousands of businesses amid Australia's booming AUD $19.2bn online market.

By Melania Watson • 3 min read • Thu, 4th Sep 2025
Australian agriculture powers SME resilience as broader growth steadies
Productivity

Australian agriculture powers SME resilience as broader growth steadies

Australian SMEs show steady performance in Q2 2025, with agriculture leading growth despite challenges like US tariffs and reduced workforce.

By Sean Mitchell • 4 min read • Tue, 2nd Sep 2025
Dynamoney appoints Brett Thomas as CEO to drive SME finance growth
Organisational culture

Dynamoney appoints Brett Thomas as CEO to drive SME finance growth

Dynamoney appoints Brett Thomas as CEO to lead growth, capitalising on surge in SME lending and targeting expansion of flexible finance solutions across Australia.

By Melvin Hipolito • 3 min read • Mon, 25th Aug 2025
Australian SMEs rush into AI adoption without clear strategies
Digital Transformation

Australian SMEs rush into AI adoption without clear strategies

Most Australian SMEs adopt AI tools without strategies, risking missed growth opportunities despite urgent investments and competitive pressures.

By Kaleah Salmon • 4 min read • Wed, 20th Aug 2025
RBA rate cut fuels cautious optimism as essentials drive growth
Economic forecast

RBA rate cut fuels cautious optimism as essentials drive growth

The RBA's rate cut brings cautious optimism as Australians boost spending on essentials like groceries and pharmacy amid economic uncertainty.

By Kaleah Salmon • 4 min read • Thu, 14th Aug 2025
Australian tech sector urges swift digital skills reforms
Digital Transformation

Australian tech sector urges swift digital skills reforms

Australian tech sector backs swift digital skills reforms to bridge a AUD $25 billion gap and boost economic growth by 2035, says ACS.

By Melvin Hipolito • 4 min read • Wed, 13th Aug 2025
FSO & Microsoft launch major drive to boost Australian AI skills
Hyperscale

FSO & Microsoft launch major drive to boost Australian AI skills

Future Skills Organisation and Microsoft launch a 12-month pilot to upskill 30,000 educators and boost AI skills in Australia's vocational education sector.

By Melvin Hipolito • 4 min read • Wed, 13th Aug 2025
Authors oppose AI text mining proposal over copyright concerns
Physical Security

Authors oppose AI text mining proposal over copyright concerns

The Australian Society of Authors opposes a Productivity Commission proposal for AI text mining exceptions, citing risks to creators' copyright and earnings.

By Shannon Williams • 5 min read • Fri, 8th Aug 2025
Will employee equity power Australia's next wave of wealth?
Small Business

Will employee equity power Australia's next wave of wealth?

Employee share schemes are expanding beyond tech, helping Australian SMEs attract and retain staff while fostering widespread wealth creation through equity.

By Bhavik Vashi • 4 min read • Thu, 7th Aug 2025
Australians lose trust as outages cost AUD $5.3b yearly
Digital Transformation

Australians lose trust as outages cost AUD $5.3b yearly

Widespread outages have cost Australians AUD $5.3 billion yearly, with 68% losing trust in telecommunications amid rising service disruptions.

By Jed Nykolle Harme • 3 min read • Thu, 7th Aug 2025
PERSOL rebrands across 13 markets as workforce shifts accelerate
Partner Programmes

PERSOL rebrands across 13 markets as workforce shifts accelerate

PERSOLKELLY rebrands as PERSOL across 13 markets, uniting its Australian operations to meet rising workforce demands amid rapid tech and green energy shifts.

By Shannon Williams • 3 min read • Thu, 31st Jul 2025
Australian LEO satellite spend to hit AUD $664 million by 2026
Disaster Recovery

Australian LEO satellite spend to hit AUD $664 million by 2026

Australian spending on low Earth orbit satellite services is set to reach AUD $664 million by 2026, driven by rising consumer and business demand nationwide.

By Melvin Hipolito • 4 min read • Wed, 30th Jul 2025
ACS report urges action on digital skills for AUD $134bn growth
Digital Transformation

ACS report urges action on digital skills for AUD $134bn growth

ACS urges Australia to close its digital skills gap, unlocking AUD $134bn growth and boosting jobs through a ten-point plan centred on AI and tech training.

By Jed Nykolle Harme • 4 min read • Wed, 30th Jul 2025
Australian firms to prioritise staff upskilling & office upgrades in 2025
Customer Experience

Australian firms to prioritise staff upskilling & office upgrades in 2025

Australian businesses in 2025 will focus on new hires, staff upskilling, and office upgrades, favouring low-cost, high-impact investments amid tight profit margins.

By Shannon Williams • 4 min read • Wed, 9th Jul 2025
Australian consumers seek value as RBA holds rates steady
Inflation

Australian consumers seek value as RBA holds rates steady

The Reserve Bank of Australia keeps interest rates steady as consumers focus on value amid economic uncertainty, seeking discounts and prioritising essentials.

By Kaleah Salmon • 4 min read • Wed, 9th Jul 2025

Global Stories

Australian economy stories

Succession planning crucial as Baby Boomer SME owners retire
Small Business

Succession planning crucial as Baby Boomer SME owners retire

Nearly half of Australian Baby Boomer SME owners plan to retire soon, yet only 24% have prepared succession plans to secure their businesses' futures.

By Shannon Williams • 5 min read • Thu, 14th Aug 2025