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Australian economy Stories - Page 13

Australian Stories

Australian economy stories

Tasmania's tech workforce to triple as digital skills surge by 2035
Agricultural Technology

Tasmania's tech workforce to triple as digital skills surge by 2035

Tasmania's tech workforce is set to nearly triple to over 32,000 by 2035, driven by a surge in digital skills and AUD $1.1 billion sector growth.

By Melvin Hipolito • 5 min read • Thu, 16th Oct 2025
KPay launches in Australia to boost SME payments & operations
Digital Transformation

KPay launches in Australia to boost SME payments & operations

KPay has launched in Sydney, aiming to enhance payments and operations for Australian SMEs with a USD $55 million fundraise backing its expansion.

By Sean Mitchell • 4 min read • Fri, 10th Oct 2025
Australian businesses urged to celebrate milestones for morale
Customer Experience

Australian businesses urged to celebrate milestones for morale

Research shows 79% of Australian small businesses linking milestone celebrations with better performance, yet only 21% take time to mark achievements.

By Catherine Knowles • 3 min read • Fri, 3rd Oct 2025
Open Banking could boost Australia by AUD $10 billion annually
Digital Transformation

Open Banking could boost Australia by AUD $10 billion annually

Open Banking in Australia could boost the economy by AUD $10 billion annually as consumer data sharing and digital services usage rapidly grow.

By Shannon Williams • 4 min read • Thu, 25th Sep 2025
PayPal provides $1.5 billion in flexible loans to Aussie SMBs
Fintech

PayPal provides $1.5 billion in flexible loans to Aussie SMBs

PayPal Australia has loaned over AUD $1.5 billion to 13,000+ SMBs via its flexible Working Capital programme, offering swift funding without collateral.

By Sean Mitchell • 3 min read • Thu, 25th Sep 2025
South Australia's tech workforce to double, adding AUD $5 billion
Data Analytics

South Australia's tech workforce to double, adding AUD $5 billion

South Australia's tech workforce is set to nearly double by 2035, boosting the economy by AUD $5 billion and creating 49,000 new skilled jobs.

By Melvin Hipolito • 5 min read • Wed, 24th Sep 2025
Australian businesses lose 22 hours weekly to complex payments
EduTech

Australian businesses lose 22 hours weekly to complex payments

Australian small businesses lose over 22 hours weekly managing complex payment systems, risking cash flow, customer loss, and security concerns, says new report.

By Catherine Knowles • 4 min read • Wed, 24th Sep 2025
AI-driven software to unlock AUD $6 billion a year for Australia
Customer Experience

AI-driven software to unlock AUD $6 billion a year for Australia

AI-driven software innovation could add AUD $6 billion annually to Australia's economy, boosting productivity and revenue amid governance and skills challenges.

By Melvin Hipolito • 4 min read • Thu, 18th Sep 2025
Victoria's tech sector delivers $36 billion boost & jobs surge
Data Analytics

Victoria's tech sector delivers $36 billion boost & jobs surge

Victoria's tech sector adds $36 billion and employs over 300,400, with workforce expected to exceed 700,000 by 2035 amid strong upskilling efforts.

By Melvin Hipolito • 4 min read • Tue, 16th Sep 2025
Australia Post & Shopify boost delivery for AUD $19.2bn market
Customer Experience

Australia Post & Shopify boost delivery for AUD $19.2bn market

Australia Post and Shopify have teamed up to simplify shipping, benefiting thousands of businesses amid Australia's booming AUD $19.2bn online market.

By Melania Watson • 3 min read • Thu, 4th Sep 2025
Australian agriculture powers SME resilience as broader growth steadies
Productivity

Australian agriculture powers SME resilience as broader growth steadies

Australian SMEs show steady performance in Q2 2025, with agriculture leading growth despite challenges like US tariffs and reduced workforce.

By Sean Mitchell • 4 min read • Tue, 2nd Sep 2025
Dynamoney appoints Brett Thomas as CEO to drive SME finance growth
Organisational culture

Dynamoney appoints Brett Thomas as CEO to drive SME finance growth

Dynamoney appoints Brett Thomas as CEO to lead growth, capitalising on surge in SME lending and targeting expansion of flexible finance solutions across Australia.

By Melvin Hipolito • 3 min read • Mon, 25th Aug 2025
Australian SMEs rush into AI adoption without clear strategies
Digital Transformation

Australian SMEs rush into AI adoption without clear strategies

Most Australian SMEs adopt AI tools without strategies, risking missed growth opportunities despite urgent investments and competitive pressures.

By Kaleah Salmon • 4 min read • Wed, 20th Aug 2025
RBA rate cut fuels cautious optimism as essentials drive growth
Economic forecast

RBA rate cut fuels cautious optimism as essentials drive growth

The RBA's rate cut brings cautious optimism as Australians boost spending on essentials like groceries and pharmacy amid economic uncertainty.

By Kaleah Salmon • 4 min read • Thu, 14th Aug 2025
Australian tech sector urges swift digital skills reforms
Digital Transformation

Australian tech sector urges swift digital skills reforms

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

By Melvin Hipolito • 4 min read • Wed, 13th Aug 2025
FSO & Microsoft launch major drive to boost Australian AI skills
Hyperscale

FSO & Microsoft launch major drive to boost Australian AI skills

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.

By Melvin Hipolito • 4 min read • Wed, 13th Aug 2025

Global Stories

Australian economy stories

Agentic AI is Australia's unrealised productivity lever
Generative AI

Agentic AI is Australia's unrealised productivity lever

Australia's productivity lags despite longer work hours; adopting agentic AI could boost the economy by over AUD $116 billion in the next decade.

By Sharryn Napier • 6 min read • Wed, 20th Aug 2025
Succession planning crucial as Baby Boomer SME owners retire
Small Business

Succession planning crucial as Baby Boomer SME owners retire

Nearly half of Australian Baby Boomer SME owners plan to retire soon, yet only 24% have prepared succession plans to secure their businesses' futures.

By Shannon Williams • 5 min read • Thu, 14th Aug 2025