Australian economy stories - Page 6

Ransomware attacks cost Australian organisations AUD $42 billion annually, urging a shift from prevention to pragmatic cyber resilience amid rising threats.

Australia's SME sector posts strongest half-year growth since 2023, driven by digital adoption and productivity, nearing pre-pandemic output levels.

Adactin launches AI Innovation Studio to help Australian organisations trial GenAI solutions using AWS tools, focusing on practical adoption and custom roadmaps.

Australia could boost its economy by AUD $235 billion in a decade through AI investment, with small businesses driving over half of this growth, research shows.

Australian SME loan applications rose 14% in Q3, driven by larger firms, amid cautious borrowing and ongoing concerns over loan serviceability.

Ingram Micro Australia has opened a new headquarters at 40 Mount Street, North Sydney, uniting teams in a hybrid-ready hub to better serve customers nationwide.

Firmus has raised AUD $500 million to expand its AI infrastructure Project Southgate across Australia, boosting local manufacturing and jobs.

Australian firms lose 1.3 workdays monthly per employee to tech issues, causing revenue losses and higher staff turnover, says new industry research.

Queensland's tech workforce is set to double by 2035, adding 200,000 jobs and boosting its AUD $15 billion contribution to the economy.

Intuit QuickBooks has launched AI agents in Australia to automate key SME workflows, boosting efficiency and reducing time spent on bookkeeping and compliance.

Five key ICT trends for 2026-agentic AI, cybersecurity, edge computing, connectivity, and sustainability-will shape how businesses thrive amid uncertainty.

Supply Nation's 2025 Festive Season Catalogue spotlights women-led Indigenous businesses offering unique gifts across food, fashion, art and wellness in Australia.

Australia refuses to add a Text and Data Mining exception to copyright law, safeguarding creators' rights amid AI technology growth and tech industry lobbying.

ARM Hub and ICN have partnered to boost Australian SMEs by combining advanced manufacturing tech with access to AUD $400bn in major project opportunities.

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.

Despite 74% of Australian SMBs recognising branded merchandise boosts credibility, 55% still do not use it to enhance their business image.

Tasmania's tech workforce is set to nearly triple to over 32,000 by 2035, driven by a surge in digital skills and AUD $1.1 billion sector growth.

KPay has launched in Sydney, aiming to enhance payments and operations for Australian SMEs with a USD $55 million fundraise backing its expansion.

Research shows 79% of Australian small businesses linking milestone celebrations with better performance, yet only 21% take time to mark achievements.

Smarter digital rostering in manufacturing and logistics is easing skills shortages by boosting worker flexibility, morale and retention amid tight labour markets.