Economic downturn Stories - Page 2

Australian Stories

Economic downturn stories

Australian workers prioritise work-life balance over higher pay

Nearly half of 500 Australian workers surveyed by Humanforce have changed jobs in the past year, prioritising work-life balance and wellbeing over higher pay.

By Catherine Knowles • 3 min read • Wed, 17th Jul 2024

Clean technologies

Australian small businesses seek global growth amid challenges

A recent Sendle survey reveals that 65% of Australian small businesses plan to tap into international markets for revenue growth amid rising costs.

By Kaleah Salmon • 3 min read • Wed, 26th Jun 2024

Artificial Intelligence

Australian fintech investment plummets by 76% amid global downturn

Australia's fintech deal value sunk by 76% to US$587m in 2023, a six-year low, amid a worldwide investment downturn, reports KPMG's Pulse of Fintech.

By Kaleah Salmon • 3 min read • Thu, 15th Feb 2024

eCommerce

Australian shoppers heavily rely on user-generated content for purchases

Over 80% of Australian consumers rely on user-generated content to influence purchase decisions, finds Bazaarvoice.

By Kaleah Salmon • 3 min read • Tue, 7th Nov 2023

Global Stories

Economic downturn stories

Digital Transformation

UK & Irish SME chiefs back growth despite economic gloom

UK and Irish SME bosses fear a worsening economy yet still plan to ramp up investment, betting on AI, innovation and sales growth in 2026.

By Sean Mitchell • 5 min read • Tue, 6th Jan 2026

Digital Transformation

Experts weigh in on marketing's redundancy crisis in Age of AI

As AI reshapes marketing teams, experts warn of a global redundancy wave-and argue human experience is now the industry's rarest asset.

By Sean Mitchell • 8 min read • Tue, 16th Dec 2025

Digital Transformation

Women CFOs linked to 10% shareholder return rise, report finds

Companies appointing women CFOs see a 10% boost in shareholder returns, linked to broader experience and strategic leadership, a new report reveals.

By Shannon Williams • 4 min read • Thu, 28th Aug 2025

Customer Experience

Exclusive: Lightspeed on why tech and AI are 'key' to hospitality's future

Lightspeed's Asia-Pacific MD Nicole Buisson says AI and smarter tech are vital for Aussie hospitality to tackle inflation, labour costs and changing consumer habits.

By Melania Watson • 5 min read • Thu, 26th Jun 2025

Artificial Intelligence

Economic confidence of UK SMEs drops amid uncertainties

New research shows that economic confidence among UK SMEs has dropped sharply from 91.4 to 87.5, with many leaders fearing a further downturn ahead.

By Melania Watson • 3 min read • Tue, 1st Apr 2025

Partner Programmes

The Resilience Roadmap – Six steps to building business strength

Amid a 50.2% rise in critical financial stress affecting nearly 47,000 UK businesses, experts outline six essential steps to bolster resilience in 2025.

By Nevil Durrant • 6 min read • Mon, 10th Mar 2025

Network Infrastructure

Auvik report shows need for advanced security in tech landscape

Auvik's latest trend report highlights a surging interest in Wi-Fi 7, cloud security, and 'cloud cost' amid a complex tech landscape.

By Tom Raynel • 3 min read • Mon, 5th Feb 2024

EduTech

Cyber security budget cuts linked to mental health issues, survey reveals

IT professionals' mental health impacted by reduced cyber security budgets, Integrity360 survey shows.

By Kaleah Salmon • 3 min read • Wed, 20th Dec 2023

Hyperscale

Equinix report explores Australian mining leaders' tech views amidst uncertainties

Equinix's latest report reveals Australian mining leaders maintain optimism amidst geopolitical and economic challenges, acknowledging technology's crucial role in industry adaptation.

By Kaleah Salmon • 3 min read • Tue, 28th Nov 2023

Fintech

Navigating uncertainty: The value of a robust finance unit

With the economy in a state of flux, a proactive, a high-performing Finance and Accounting team is the best asset an organisation can have.

By Rosie Cairnes • 3 min read • Mon, 4th Sep 2023

Human Capital Management

Offboarding strategies crucial during economic downturn

Over a third of Australian companies have made lay-offs in the last year, according to a study by Capterra. Find out more here.

By Catherine Knowles • 3 min read • Fri, 7th Jul 2023

Stories from Other Regions

Economic downturn stories

Ransomware

How MDR will transform cybersecurity in the mid-market

Mid-sized businesses under cyber-attack pressure look to Managed Detection and Response (MDR) to bridge security and staffing gaps, navigating an evolving threat landscape.

By Innes Muir • 5 min read • Mon, 16th Sep 2024

Partner Programmes

The greatest danger in a recession isn't (only) your bottom line

During recessions, businesses often cut charitable giving to protect their bottom line, but GravityLab urges Kiwi firms to keep funding social justice initiatives.

By Daniel Howell • 4 min read • Tue, 2nd Jul 2024