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Economy Stories - Page 2

Australian Stories

Economy stories

Hospitality sector shows resilience with 7% sales growth
Hospitality

Hospitality sector shows resilience with 7% sales growth

Quantaco's Hospitality Industry Update reveals a 7% increase in weekly sales in Q1 2025, highlighting resilience amid rising living costs.

By Imee Dequito • 3 min read • Wed, 30th Oct 2024
Australian retailers urged to adopt new strategies amidst crisis
Gaming

Australian retailers urged to adopt new strategies amidst crisis

As Australia grapples with a cost of living crisis, Convincely CEO Pratik Doshi urges retailers to employ innovative tactics to draw in and retain customers.

By Kaleah Salmon • 3 min read • Fri, 16th Aug 2024
Australia's biggest bank and telecom unite to protect small businesses
EduTech

Australia's biggest bank and telecom unite to protect small businesses

CommBank and Telstra team up with COSBOA to launch Cyber Wardens, a free training program aimed at safeguarding Australia's small businesses from costly cyber threats.

By COSBOA • 4 min read • Mon, 10th Jun 2024

Global Stories

Economy stories

NSW launches series to boost exports to ASEAN markets
Digital Transformation

NSW launches series to boost exports to ASEAN markets

The New South Wales Government has initiated a series of market update sessions to enhance exports to ASEAN, projected to be a top global economy by 2040.

By Kaleah Salmon • 3 min read • Mon, 14th Oct 2024
Experts urge UK Govt to prioritise AI & process intelligence
Digital Transformation

Experts urge UK Govt to prioritise AI & process intelligence

In the aftermath of the UK's General Election, experts urge the new government to prioritise AI and process intelligence to streamline businesses and enhance productivity.

By Catherine Knowles • 4 min read • Wed, 10th Jul 2024
Australian marketers face hurdles in adapting to Privacy Act reforms
Digital Transformation

Australian marketers face hurdles in adapting to Privacy Act reforms

Australian marketers struggle with adapting to new Privacy Act reforms amid a backdrop of high interest rates and evolving economic conditions, as per a recent Arktic Fox report.

By Sean Mitchell • 3 min read • Thu, 6th Jun 2024
Generative AI could boost Asia-Pacific economy by $4.5 trillion
EduTech

Generative AI could boost Asia-Pacific economy by $4.5 trillion

New Accenture research suggests responsible AI adoption could boost APAC's economy by $4.5 trillion in 15 years, elevating GDP growth by 0.7 percentage points annually.

By Catherine Knowles • 3 min read • Fri, 24th May 2024
Boardroom leaders slash tech budgets in tough economy
Digital Transformation

Boardroom leaders slash tech budgets in tough economy

In response to economic upheavals, 50% of boardroom leaders, particularly in the US and UK, have shrunk tech budgets over the past year.

By Shannon Williams • 2 min read • Wed, 15th May 2024

Stories from Other Regions

Economy stories

Accept Cards launches SME-focused cash deposit solution
Fintech

Accept Cards launches SME-focused cash deposit solution

Accept Cards has launched Accept Cash, an innovative solution for SMEs enabling same-day cash deposits amid rising bank branch closures in the UK.

By Catherine Knowles • 4 min read • Fri, 8th Nov 2024
UK STEM productivity hampered by limited AI tool access
Artificial Intelligence

UK STEM productivity hampered by limited AI tool access

A study reveals the UK's STEM workforce is losing GBP £64 billion annually due to limited access to advanced AI tools, impacting productivity significantly.

By Catherine Knowles • 3 min read • Thu, 31st Oct 2024
Fraud & scam complaints reach six-year high at FOS
Customer Experience

Fraud & scam complaints reach six-year high at FOS

Complaints about fraud and scams hit a six-year high, with more than half involving bank transfers, as cybercriminals target mobile devices, says FOS.

By Sean Mitchell • 2 min read • Thu, 5th Sep 2024
Hype & Dexter boosts UNICEF Aotearoa donations with HubSpot
EduTech

Hype & Dexter boosts UNICEF Aotearoa donations with HubSpot

Hype and Dexter's tech integration with UNICEF Aotearoa boosts donations despite economic hardships, facilitating crucial aid for Pacific children.

By Catherine Knowles • 2 min read • Fri, 30th Aug 2024
What is the Auckland tech hiring market experiencing?
Unified Communications

What is the Auckland tech hiring market experiencing?

Auckland's tech hiring market sees cautious optimism as Reserve Bank rate cuts uplift sentiment, but slow recovery and 'brain drain' pose challenges.

By Kara Smith • 5 min read • Thu, 29th Aug 2024
nib New Zealand reports NZD $21.2m profit for FY24
Health Technologies

nib New Zealand reports NZD $21.2m profit for FY24

nib New Zealand reports a NZD $21.2 million operating profit for FY24 and a 3.1% increase in policyholders, navigating economic and healthcare challenges.

By Melania Watson • 3 min read • Mon, 26th Aug 2024
ODI reveals critical AI data issues in the UK's tech sector report
Data Protection

ODI reveals critical AI data issues in the UK's tech sector report

The Open Data Institute's recent report exposes weaknesses in the UK's tech infrastructure, warning that poor data governance in AI could undermine societal benefits and trust.

By Shannon Williams • 3 min read • Mon, 29th Jul 2024
Good as gold: Why Is gold such a prized commodity?
Fintech

Good as gold: Why Is gold such a prized commodity?

Gold remains a prized commodity due to its role as a store of value, a hedge against inflation, and its appeal during economic uncertainty and market volatility.

By Greg Boland • 5 min read • Thu, 20th Jun 2024
Tackling the gender pay gap is a gamechanger for everyone
EduTech

Tackling the gender pay gap is a gamechanger for everyone

Closing the gender pay gap benefits us all: from boosting productivity to fostering fairness. Join the movement towards equality and prosperity.

By Kathleen Webber • 5 min read • Wed, 22nd May 2024