Australian economy stories - Page 7

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

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.

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

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

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

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

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.

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.

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

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

CommBank unveils its Doubt Never Did campaign, inspiring Australians to overcome doubt and pursue personal dreams with confidence and support.

Amid rising costs and economic uncertainty, 91% of Australian SMEs plan to prioritise non-capital spending over major investments in 2025-26.

On MSME Day 2025, Australia's small businesses face growing compliance challenges from new laws, risking productivity but solutions through automation offer hope.

Full adoption of e-invoicing could boost Australia's economy by AUD $22.5 billion annually through productivity gains, faster payments, and fraud reduction.

Willis launches Zest Insurance, a digital platform offering tailored, fully online insurance solutions to Australian SMEs, starting with admin and support sectors.

Australian businesses are urged to adopt responsible AI governance to harness innovation while ensuring ethical, secure, and inclusive technology use in the AI age.

Ofload warns Australia's freight sector faces major disruption after refrigerated transport firm Don Watson Transport collapses, threatening supply chain stability.

AWS is launching AI Spring Australia to boost local innovation, supporting startups with new AI programmes and expanding cloud infrastructure investment.

Bundaberg leads Australia in small business growth with a 178% rise in startups last year, outpacing Sydney and other major cities.

A study reveals 'Tech Neck' affects 68% of Australian women, linked to screen use; ergonomic habits and breaks can reduce prevalent neck pain.