CFOtech Australia - Technology news for CFOs & financial decision-makers

Wages stories

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Robotics push could add AUD $201 billion to GDP by 2040

Last month
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robots
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agricultural technology
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manufacturing
Australia robotics investment could add AUD $201 billion to GDP by 2040, with ACIL Allen modelling pointing to higher wages and 128,900 jobs a year.
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Litmos flags AI ceiling as skills outpace promotions

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digital transformation
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genai
Workers' AI skills are racing ahead, but Litmos says promotions and pay are lagging, creating a new “AI ceiling” in career progression.
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Australian finance firms pay top rates for specialists

Last month
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devops
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data analytics
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digital transformation
Australian banks and insurers are shelling out up to AUD $2,200 a day for specialist contractors to drive critical digital transformation work.
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NZ jobs grow but hours, tech roles & pay all slide

Wed, 14th Jan 2026
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martech
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it industry
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productivity
NZ adds more jobs but works fewer hours as high-paid tech roles, casual shifts and young workers' pay all slide, new data shows.
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Nearly half of Australian workers say pay fails to match costs

Wed, 7th May 2025
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Nearly half of Australian workers feel their wages aren't keeping up with living costs, as job insecurity and burnout rise, ELMO Software reveals.
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Deputy unveils Pay Rate Builder to tackle wage compliance

Thu, 6th Mar 2025
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risk & compliance
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law
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deputy
A new compliance law in Australia criminalises intentional wage theft, leading Deputy to unveil the Pay Rate Builder to help businesses enhance payroll operations.
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Global wage inflation for IT TSPs set to improve in 2025

Thu, 26th Dec 2024
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financial systems
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inflation
Service Leadership's latest report forecasts significant improvements in wage inflation for IT solution providers in 2025, following a stagnant 2023.
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High AI wages & gender gap in Australia, reveals Randstad study

Wed, 8th May 2024
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randstad
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study
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wages
Australia is among the top three countries paying premium wages for AI skills, however, men still dominate with 81% of the workforce, reveals a Randstad study.
Wage theft

Exclusive: How Advanced is helping businesses solve wage theft

Mon, 11th Dec 2023
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hcm
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risk & compliance
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payroll systems
In an interview with Adam Bowles, Country Director for Australia at Advanced, he reveals how technology tackles wage theft complexities in Australian businesses.
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Humanforce acquires on-demand pay provider Wagestream

Wed, 15th Feb 2023
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payroll systems
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workforce technology
Humanforce, a global provider of workforce management solutions, has acquired Wagestream, Australia's largest on-demand pay provider.
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Xero reveals slowdown in Australian small businesses

Thu, 22nd Dec 2022
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fintech
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healthtech
The Xero Small Business Index fell three points in November to 116 points, driven by a slowdown across three sub-metrics.
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Xero reveals slowdown in Australian small businesses

Wed, 21st Dec 2022
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fintech
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financial systems
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healthtech
The Xero Small Business Index fell three points in November to 116 points, driven by a slowdown across three sub-metrics.
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Xero reveals declining Australian small business performance

Wed, 30th Nov 2022
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data analytics
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fintech
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financial systems
The Index fell 13 points in October to 115 points, driven by four sub-metrics: sales, wages, jobs, and time to be paid.
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MYOB reveals gender wage gap in SMEs across Australia and NZ

Thu, 22nd Sep 2022
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fintech
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financial systems
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The gender wage gap among employees of SMEs is sitting at 7.5% in favour of men, when comparing median hourly wages.
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Fintech software allows employees to access wages before payday

Fri, 15th Jul 2022
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fintech
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hcm
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payroll systems
Paytime is a tech platform that plugs into payroll software allowing employees to access a portion of their earned pay before payday.
Australian money

Salary satisfaction for Australian IT workers plummets as 75% ask for pay rises

Tue, 10th Mar 2020
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The research, which surveyed over 3,000 employers and employees from across Australia, found three in every four IT workers were planning to ask for a pay rise.