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Australian economy Stories

Australian Stories

Australian economy stories

Ten Australian suburbs edging towards $1 million homes
Property Market

Ten Australian suburbs edging towards $1 million homes

Population growth and tight supply are pushing 10 suburbs towards the million-dollar mark, with Queensland and Western Australia dominating the list.

By Sean Mitchell • 3 min read • Today
MYOB data points to pause in small business hiring
MYOB

MYOB data points to pause in small business hiring

Weaker demand and rising wage costs are leaving most SMEs in a holding pattern, with few planning to add staff over the next year.

By Karen Joy Bacudo • 4 min read • Yesterday
Professor Cori Stewart wins AI leadership scholarship
Robotics

Professor Cori Stewart wins AI leadership scholarship

The award will send the ARM Hub founder to Stanford, bolstering efforts to push AI into Australian manufacturing and policy.

By Joseph Gabriel Lagonsin • 3 min read • Last week
FinTech Australia names 2026 Finnies winners in Sydney
Fintech

FinTech Australia names 2026 Finnies winners in Sydney

The honours highlight a sector under tighter scrutiny yet still adding more than AUD $13.6 billion to Australia's economy and employing 50,200 staff.

By Karen Joy Bacudo • 4 min read • Last week
Three ways Australian banks can reinvent SME banking
Software-as-a-Service

Three ways Australian banks can reinvent SME banking

As SMEs demand faster lending and integrated tools, banks risk losing ground unless they cut red tape and modernise their platforms.

By Andrew Groth Infosys ANZ and Theo Albers Infosys Finacle ANZ • 4 min read • Last week
Colter Bay blames lending bias for Australia's slump
Digital Transformation

Colter Bay blames lending bias for Australia's slump

Weak lending to software and other asset-light firms is, Colter Bay says, dragging on productivity as Australia's credit flows into property.

By Karen Joy Bacudo • 4 min read • Last week
Spaceship urges investors to back AI beneficiaries
Software-as-a-Service

Spaceship urges investors to back AI beneficiaries

AI adoption could lift earnings for software and cybersecurity groups even as businesses trim staff and automation threatens more jobs.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Australia software programmers hit record 216,000 jobs
Generative AI

Australia software programmers hit record 216,000 jobs

AI fears have not dented demand for coders, with Australia's software and applications programmer workforce reaching a record 216,000.

By Sofiah Nichole Salivio • 4 min read • Last week
RBA set to hold as late business payments hit six-year high
Small Business

RBA set to hold as late business payments hit six-year high

Australian businesses face tighter cash flow as overdue invoices jump to a six-year high, reinforcing expectations the RBA will hold rates at 4.35%.

By Karen Joy Bacudo • 4 min read • Last week
Perth Airport appoints DXC for new terminal systems
Digital Signage

Perth Airport appoints DXC for new terminal systems

The contract puts more than 70 airport systems under one roof as Perth's new terminal moves towards an expected 2031 opening.

By Sean Mitchell • 3 min read • Last week
MYOB says Australian SMEs stay in growth territory
Supply Chain

MYOB says Australian SMEs stay in growth territory

Rising costs and weaker spending left many small firms under pressure, even as national SME activity still managed quarterly growth of 0.6%.

By Karen Joy Bacudo • 3 min read • This month
Half of Australian workers feel underpaid, Hays finds
Artificial Intelligence

Half of Australian workers feel underpaid, Hays finds

Cost-of-living pressures are leaving many staff with little real wage growth, even as most remain in jobs they see as secure.

By Sean Mitchell • 5 min read • This month
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 • This month
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 • This month
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 month
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 month

Global Stories

Australian economy stories

Hype growing - but SMEs still face barriers to AI adoption
Customer Relationship Management

Hype growing - but SMEs still face barriers to AI adoption

Small firms risk falling behind unless they adopt AI for practical gains, as SMEC AI says many are still confused by the technology.

By David Shilovsky • 5 min read • This month

Stories from Other Regions

Australian economy stories