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Australian economy Stories - Page 2

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Australian economy stories

Australia industrial vacancy falls as supply tightens
Supply Chain

Australia industrial vacancy falls as supply tightens

Lower speculative building and rising costs are squeezing tenant choice, with national industrial vacancy down to 3.7% after two years.

By Sean Mitchell • 4 min read • Last month
Early mortgage hardship boosts repayment recovery: Experian
Data Analytics

Early mortgage hardship boosts repayment recovery: Experian

Borrowers who seek help before falling behind on mortgages are far more likely to recover, with 87% back on track within six months.

By Karen Joy Bacudo • 3 min read • Last month
RBA likely to watch unemployment as job ads soften
Seek

RBA likely to watch unemployment as job ads soften

Rising unemployment and softer hiring demand may keep the Reserve Bank of Australia cautious as it weighs the labour market outlook.

By Mark Tarre • 4 min read • Last month
ATO tax debts lift insolvency risk for Australian firms
Data Analytics

ATO tax debts lift insolvency risk for Australian firms

More than 35,000 Australian businesses now face heightened failure risk as ATO debts above AUD $100,000 coincide with rising defaults.

By Karen Joy Bacudo • 5 min read • Last month
SMEC AI launches national line to aid SME AI adoption
Digital Transformation

SMEC AI launches national line to aid SME AI adoption

A free phone service aims to help Australian small businesses move beyond early AI trials, after research found most do not know where to begin.

By Mark Tarre • 4 min read • Last month
Revolut launches Australian bank after licence win
Digital Transformation

Revolut launches Australian bank after licence win

Australia-based customers will soon get savings accounts and a credit card as Revolut commits nearly AUD $400 million to its local banking push.

By Karen Joy Bacudo • 4 min read • Last month
Australian banks pay over AUD $4,000 a day for specialists
Digital Transformation

Australian banks pay over AUD $4,000 a day for specialists

Banks and insurers are scrambling for scarce regulatory experts as deadlines bite, even after cutting about 8,000 permanent roles this year.

By Sean Mitchell • 4 min read • Last month
Australia lags on AI governance as adoption races ahead
Digital Transformation

Australia lags on AI governance as adoption races ahead

Only 22% of Australian organisations say they are ready to govern AI safely, as spending and use surge across daily operations.

By Mark Tarre • 5 min read • Last month
Younger workers drive wage growth in Australia's SMBs
Small Business

Younger workers drive wage growth in Australia's SMBs

Pay rises are easing across Australia's SMB sector, but 18- to 24-year-olds still posted the strongest annual wage gains in June.

By Mark Tarre • 4 min read • Last month
Australia urges small firms to ditch cheques for digital
Digital Transformation

Australia urges small firms to ditch cheques for digital

Small businesses face disruption as Australia phases out cheques by 2029, with 3.5 million bank cheques still unbanked.

By Sean Mitchell • 3 min read • Last month
'Very small' fines unlikely to prevent future mobile outages
Customer Experience

'Very small' fines unlikely to prevent future mobile outages

Penalties in the low-to-medium eight figures may barely dent Telstra, as experts say tougher laws are needed to stop repeat outages.

By David Shilovsky • 5 min read • Last month
Australians cut spending & lean on credit as costs bite
Data Analytics

Australians cut spending & lean on credit as costs bite

Household finances are under growing strain as more Australians dip into savings, cut discretionary spending and lean on credit for essentials.

By Joseph Gabriel Lagonsin • 3 min read • Last month
Australia rates more likely to rise again, warns economist
Artificial Intelligence

Australia rates more likely to rise again, warns economist

Households and firms face renewed pressure, as mixed survey data point to the Reserve Bank of Australia staying tight and possibly lifting rates again.

By Karen Joy Bacudo • 4 min read • Last month
FinTech Australia warns Treasury over startup tax plan
Fintech

FinTech Australia warns Treasury over startup tax plan

Most fintech startups could miss out on planned tax relief unless Treasury rewrites rules to reflect the sector's long, costly path to scale.

By Karen Joy Bacudo • 4 min read • Last month
Australian firms rush AI adoption amid rising risks
Software-as-a-Service

Australian firms rush AI adoption amid rising risks

Boards face mounting pressure to set AI rules now, as faster adoption is exposing Australian firms to data, workforce and security risks.

By Mark Tarre • 5 min read • Last month
Australia urged to back national semiconductor roadmap
Semiconductors

Australia urged to back national semiconductor roadmap

A lack of national coordination risks leaving Australia behind as other countries pour funds into chips vital to defence, AI and industry.

By Sean Mitchell • 4 min read • Last month

Global Stories

Australian economy stories

SonicWall boosts endpoint security for SMBs and mid-market
Malware

SonicWall boosts endpoint security for SMBs and mid-market

SMBs and mid-market firms facing AI-driven attacks are set for tighter device controls as SonicWall prepares a new endpoint security product.

By Anthony Caruana • 5 min read • Last month
Australian warehouse costs rise as Sydney rents shift
Data centers

Australian warehouse costs rise as Sydney rents shift

Higher build and rent costs are squeezing occupiers, with Sydney's industrial market now showing wider price gaps and slower dealmaking.

By Joseph Gabriel Lagonsin • 4 min read • Last month