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Australian economy stories

Australia has two-year window to build AI champions
Software-as-a-Service

Australia has two-year window to build AI champions

Global rivals could capture most of the value from local AI start-ups unless investors and customers act fast, King River Capital warns.

By Sofiah Nichole Salivio • 4 min read • 3 days ago
Ageing bulk-handling gear threatens Australia exports
Digitalisation

Ageing bulk-handling gear threatens Australia exports

A shortage of specialist support is leaving ageing bulk-handling machines at Australian mines and ports at risk of costly export delays.

By Sean Mitchell • 4 min read • 6 days ago
Xero warns of stress crisis for Australian small businesses
Fintech

Xero warns of stress crisis for Australian small businesses

More than a quarter of owners fear the economy will worsen their strain as tax time and compliance pressures erode productivity and sleep.

By Karen Joy Bacudo • 4 min read • Last week
Governed choice: the key to scaling AI safely in Australian business
Data Protection

Governed choice: the key to scaling AI safely in Australian business

Many Australian firms are failing to turn AI pilots into scalable gains because scattered tools are outpacing governance and business context.

By Scott Wiltshire • 4 min read • Last week
Gen Z investing confidence gap hits young Australians
Fintech

Gen Z investing confidence gap hits young Australians

Only 5 per cent of 15-to-24-year-olds feel confident investing, as new research shows most young Australians want help starting.

By Sean Mitchell • 4 min read • Last week
Streamlining the onboarding process amidst high manufacturing turnover
Digital Transformation

Streamlining the onboarding process amidst high manufacturing turnover

Digital onboarding could help manufacturers cut churn, speed up training and keep new hires productive sooner amid persistent labour shortages.

By Andy Nicholas • 5 min read • Last week
TermPlus expands fixed-term accounts for SMSF investors
Inflation

TermPlus expands fixed-term accounts for SMSF investors

SMSF trustees hunting income are being offered higher target returns as TermPlus taps stronger demand for fixed-term private credit accounts.

By Karen Joy Bacudo • 4 min read • Last week
Australian SMEs adopt AI but lag on workflow change
Digital Transformation

Australian SMEs adopt AI but lag on workflow change

Most Australian SMEs are still using AI for emails and drafting, leaving manual workflows intact despite growing board pressure for change.

By Joseph Gabriel Lagonsin • 4 min read • Last week
ASIC says Australia primed for fintech & regtech growth
Fintech

ASIC says Australia primed for fintech & regtech growth

Australia's financial regulator sees artificial intelligence and easier rules helping startups turn a strong funding base into faster growth.

By Karen Joy Bacudo • 4 min read • Last week
AI fuels Australian workplace disputes, report finds
Digital Transformation

AI fuels Australian workplace disputes, report finds

Employees are using AI to draft complaints, pushing Australian bosses to spend more time and money on workplace disputes.

By Mark Tarre • 5 min read • Last month
Block Earner wins first digital asset credit licence
Crypto

Block Earner wins first digital asset credit licence

The approval lets eligible Australians borrow against crypto holdings under direct oversight, as the sector seeks clearer rules and mainstream acceptance.

By Karen Joy Bacudo • 4 min read • Last month
Australia's big banks boost provisions as profits grow
PwC

Australia's big banks boost provisions as profits grow

Rising margins pressure and a Middle East supply shock are testing lenders, even as provisions and capital buffers are lifted.

By Karen Joy Bacudo • 4 min read • Last month
Square AI launched in Australia for small businesses
Data Analytics

Square AI launched in Australia for small businesses

Small firms could save hours on admin as the free assistant turns sales data into plain-language answers inside Square's platform.

By Mark Tarre • 4 min read • Last month
Australia's late business payments hit six-year high
Manufacturing

Australia's late business payments hit six-year high

Cash-flow strain is deepening as overdue invoices and tax debts rise, with smaller firms hardest hit by higher rates and costs.

By Karen Joy Bacudo • 6 min read • Last month
Australia tests tokenised finance in Project Acacia
Fintech

Australia tests tokenised finance in Project Acacia

Settlement could become faster and cheaper for wholesale markets, but regulators say tokenised finance still needs new rules and infrastructure.

By Karen Joy Bacudo • 4 min read • Last month
Australian SMEs absorb rising fuel costs, MYOB says
Data Analytics

Australian SMEs absorb rising fuel costs, MYOB says

Fuel now tops cost pressures for Australian SMEs, but most are still swallowing the rise rather than passing it on to customers.

By Karen Joy Bacudo • 4 min read • Last month
Business resilience in an age of uncertainty
Data Analytics

Business resilience in an age of uncertainty

Australian firms are shifting from lean efficiency to resilience, using AI, diversified suppliers and shorter planning cycles to absorb shocks and grow.

By Vab Mittal • 4 min read • Last month
MYOB says budget backs SMEs with tax & fuel relief
Agricultural Technology

MYOB says budget backs SMEs with tax & fuel relief

Many smaller firms may delay hiring and investment unless the budget measures ease costs and restore confidence, MYOB says.

By Sean Mitchell • 4 min read • Last month

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Australian economy stories