Displaying items by tag: Australian economy

The demand for Australian executives remains flat after many months of decline, according to the latest report from executive search firm E.L.Consult.

Executive employment is falling and that doesn’t bode well for the future of the Australian economy, according to Grant Montgomery, Managing Director of human resources consultancy E.L Blue, publishers of the E.L. Executive Demand Index.

New research by Deloitte indicates more than a quarter of the Australian economy will be rapidly and significantly disrupted by generative AI or almost $600 billion of economic activity.

Scams continue to wreak tremendous personal and financial damage on consumers and the Australian economy, warned ACCC Chair Gina Cass-Gottlieb when unveiling the ACCC’S annual compliance and enforcement priorities for 2023-24.

GUEST OPINION: Managed services are proving the answer to a growing range of challenges confronting businesses, writes Tecala Group’s Managing Director, Pieter DeGunst.

COMPANY NEWS: Australia today became the home of a partnership forged between Victoria’s Entrust ICT Solutions Company and Hong Kong-based Cloud-Computing Services giant, ZStack International.

Internet infrastructure for commerce provider Shopify has announced that its Australian merchants contributed $39.4 billion in economic activity in 2021, a 50.1% increase in economic activity from $26.3b in 2020. 

GUEST RESEARCH: Workers’ confidence in the economy has plummeted to its lowest level this year while support for employer-mandated COVID-19 vaccinations and tracking has soared, according to the Elmo Employee Sentiment Index for the September quarter.

Australia’s ageing population will see health services continue to be stretched in coming years unless greater efficiencies are embraced led by modern digital technologies that patients increasingly expect, according to the Australian Information Industry Association (AIIA).

The Australian Information Industry Association (AIIA) has grown the number of education courses it offers through its Skils Hub to over 3,000 in partnership with education institutions.

The Australian Government has been urged to increase thresholds under the Significant Investor Visa (SIV) program to enable migrant investors to “plug holes” in critically needed venture capital funds, according to one one fund manager.

The data intelligence arm of China’s Alibaba Group, Alibaba Cloud says it is delivering solutions to local Australian university partners providing critical relief for Chinese international students affected by novel coronavirus (COVID-19).

Optus has unveiled a suite of initiatives it says are designed to support small businesses to improve their operations, growth and profitability by better harnessing the power of Apple devices.

2017 Cyber in Business Conference Sydney, Friday 28th July – Vumero Institute is pleased to announce the expansion of the Cyber in Business Conference to Sydney, Australia. The Sydney Conference will be held on Friday 28th July 2017 at UTS Aerial Function Centre, with 350+ attendees expected across 2 tracks. The decision to expand the Conference Series to Sydney is following the success of the 2016 Cyber in Business Conference, held in Melbourne.

Consumer advocate Choice says ‘a third of consumers will dip into their savings to cover the cost of Christmas,’ which can affect future spending.

The proposed National Broadband Network (NBN) will potentially deliver significant long-term benefits to the Australian economy but it will be a major challenge just to get private funding into the project, let alone give investors a good return on their money.