Economic forecast Stories

Australian Stories

Economic forecast stories

AI set to boost Australia's economy by up to AUD $142 billion

AI could boost Australia's economy by up to AUD $142 billion annually by 2030, driving productivity, wage growth, and small business benefits, a new report finds.

By Melania Watson • 6 min read • Mon, 20th Oct 2025

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

Supply Chain

Projected 5.8% increase to Australia IT spending in 2023

In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in Australia will grow 5.8% in 2023.

By Tom Raynel • 2 min read • Thu, 19th Jan 2023

EduTech

Gartner anticipates $117.2 billion 2022 Australian IT spend

Gartner has projected a total Australian IT spend of AU$117.2 billion in 2022 in its latest forecast, increasing by 13.1% from 2021.

By Zach Thompson • 3 min read • Thu, 7th Apr 2022

Global Stories

Economic forecast stories

Data Analytics

Visa predicts 2.4% global growth as online shopping rises

Higher energy costs are squeezing household budgets, but digital commerce and brisk business investment are helping keep growth steady at 2.4% in 2026.

By Karen Joy Bacudo • 4 min read • Last week

Marketing Technologies

WARC lifts ad outlook but Gulf crisis risks USD $94bn

A prolonged Gulf energy crisis could wipe USD $93.7 billion from expected ad market growth as higher costs hit spending worldwide.

By Karen Joy Bacudo • 5 min read • Last month

Robotics

Digital economy set to hit USD $28 trillion in 2026

The global digital economy is forecast to surge 9.5% in 2026 to USD $28 trillion, triple the pace of overall worldwide economic growth.

By Mark Tarre • 5 min read • Fri, 9th Jan 2026

Cartech

Understanding the US manufacturing slowdown

The US manufacturing slowdown reflects structural shifts and post-boom normalisation, with rising AI investment reshaping the sector amid tariff pressures.

By Rohit Garewal • 5 min read • Fri, 19th Sep 2025

Partner Programmes

GPC Asia Pacific adopts AI-powered platform to streamline supply chain

GPC Asia Pacific chooses RELEX Solutions to optimise forecasting and replenishment across 600 stores, aiming to improve inventory and product availability.

By Catherine Knowles • 3 min read • Thu, 8th May 2025

DevOps

IBM named leader in Gartner's cloud finance tools report

IBM has been recognised as a Leader in the 2024 Gartner Magic Quadrant for Cloud Financial Management Tools for its IBM Cloudability product.

By Catherine Knowles • 2 min read • Fri, 25th Oct 2024

Partner Programmes

Atturra to acquire managed IT services provider Sabervox

Headquartered in Newcastle, Sabervox specialises in providing managed IT services and cloud subscriptions to mid-sized customers in regional NSW and beyond.

By Gaurav Sharma • 3 min read • Thu, 7th Sep 2023

Internet of Things

Worldwide IoT spending to surpass $1 trillion in 2026 - IDC

Investments in the IoT ecosystem are expected to surpass $1 trillion in 2026 with a CAGR of 10.4% over the 2023-2027 forecast period, the analysts find.

By Catherine Knowles • 5 min read • Wed, 21st Jun 2023

Virtualisation

FMI predicts 25% CAGR for data virtualization cloud market

Recent studies reveal that over a third of companies are changing their focus to hybrid cloud structures as a core component of their existing cloud strategy.

By Gaurav Sharma • 3 min read • Mon, 24th Apr 2023