Australian economy stories - Page 2

FinTech Australia has named Xero policy chief Grace Gown to its board as the industry body steps up its push for fintech-friendly regulation.

Visa study finds Australian SMBs are relying on personal credit to plug cashflow gaps, with many short on formal credit and bogged down by admin.

Australia's commercial property market is diverging, with office vacancies and tenant stress rising while industrial assets stay buoyed by tight supply.

Zeller rolls out Terminal 1x for Australian merchants, bundling POS and payments in one device to tackle rising fixed costs.

Australian residential building approvals surged in February, driven by a volatile apartment rebound, but higher rates and energy costs threaten builders.

Australia's central bank will outlaw card surcharges and squeeze interchange fees, forcing merchants, banks and payment firms to rethink costs.

Australia robotics investment could add AUD $201 billion to GDP by 2040, with ACIL Allen modelling pointing to higher wages and 128,900 jobs a year.

Households under cost pressure are spreading purchases across multiple outlets, while promotions, online research and store visits shape buying decisions.

Australian SMEs defy weak sentiment to lift hiring 6.8%, while AI job ads surge 13-fold and construction and trades lead wage growth.

Allianz research finds most Australian workers see little help with burnout, as psychological compensation claims climb and staff call for practical changes.

Revolut posts record 2025 results as Australian users shift from travel spending to everyday banking, driving surging local profits.

Australia's tech sector hits AUD $248.5bn GDP in 2025, reaching its 2030 target early and cementing its role as the nation's productivity engine.

Late payments leave Australian small firms fearing missed Payday Super, as Xero finds cash flow gaps and AUD $15,257 losses on average.

Specialised AI is set to transform Australian enterprise networks, outgunning generic tools in resilience, reliability and local relevance.

AI tools and cost-of-living strain see Australian lenders block AUD $1.5 billion in loan fraud as money mule cases almost double.

OpenAI triples Australian startup credits to USD $50,000 and adds free ChatGPT Business seats in expanded local founders programme.

Quantum Australia says it turned AUD $12 million in public funds into AUD $56 million in quantum research, claiming a 4.5x return.

Australian firms' slow, piecemeal AI adoption risks wasted investment and lost ground to faster-moving global rivals, TP leaders warn.

Australia's fintech sector could add AUD $37 billion to GDP and hit AUD $71 billion in revenue by 2035, if capital and policy align.

Late payments are pushing more Australian small firms into debt, draining weeks on chasing invoices and fuelling rising financial stress.