TechDay Australia - Australia's technology news network

Australian economy Stories - Page 3

Australian Stories

Australian economy stories

FinTech Australia appoints Xero policy chief Grace Gown
Digital Transformation

FinTech Australia appoints Xero policy chief Grace Gown

The appointment comes as Australia’s fintech sector pushes for rules that could lift its economic contribution from $13.6 billion to $38 billion by 2035.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Visa finds Aussie SMBs rely on personal cards for cashflow
Crypto

Visa finds Aussie SMBs rely on personal cards for cashflow

Tight cashflow is forcing many smaller firms to blur business and household finances, with 78% of leaders using personal cards for expenses.

By Joseph Gabriel Lagonsin • 3 min read • Last month
Australia's commercial property splits on office stress
Hyperscale

Australia's commercial property splits on office stress

Office landlords face rising vacancies and tenant stress, while industrial property stays resilient on tight supply and stronger demand.

By Joseph Gabriel Lagonsin • 3 min read • Last month
Zeller launches Terminal 1x to cut Aussie merchant costs
Digital Transformation

Zeller launches Terminal 1x to cut Aussie merchant costs

Australian small businesses could trim fixed payments and software costs with Zeller's AUD $199 Terminal 1x, pitched against Square and Tyro.

By Sean Mitchell • 4 min read • Last month
Building approvals jump 29.7% on apartment rebound
Inflation

Building approvals jump 29.7% on apartment rebound

Apartment approvals drove a February rebound in Australian homebuilding, but higher interest rates and energy costs now threaten builders' margins.

By Karen Joy Bacudo • 4 min read • Last month
RBA bans card surcharges and cuts fees in major overhaul
Fintech

RBA bans card surcharges and cuts fees in major overhaul

Checkout prices should become clearer for Australian shoppers as the Reserve Bank bans surcharges and trims card fees from October.

By Shannon Williams • 5 min read • Wed, 1st Apr 2026
Robotics push could add AUD $201 billion to GDP by 2040
Robotics

Robotics push could add AUD $201 billion to GDP by 2040

Australia could lift wages and jobs if robotics uptake broadens beyond mining and agriculture, according to new modelling.

By Joseph Gabriel Lagonsin • 3 min read • Tue, 31st Mar 2026
Australians split shopping across retailers to chase value
Customer Experience

Australians split shopping across retailers to chase value

Weaker loyalty and lower confidence are pushing most shoppers to compare prices across stores, with 67% splitting purchases to find value.

By Mark Tarre • 4 min read • Mon, 30th Mar 2026
Australian SMEs keep hiring despite tougher conditions
Agricultural Technology

Australian SMEs keep hiring despite tougher conditions

Higher rates and softer confidence have not stopped smaller firms recruiting, with casual hiring outpacing full-time roles by a wide margin.

By Sean Mitchell • 4 min read • Fri, 27th Mar 2026
Allianz warns of rising workplace burnout in Australia
Human Capital Management

Allianz warns of rising workplace burnout in Australia

Nearly two million Australian workers are losing sleep to job stress, as psychological compensation claims rise and burnout support gaps widen.

By Sean Mitchell • 3 min read • Thu, 26th Mar 2026
Revolut posts record results as Australia turns domestic
Crypto

Revolut posts record results as Australia turns domestic

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

By Karen Joy Bacudo • 4 min read • Wed, 25th Mar 2026
Australia tech sector hits AUD $250bn GDP milestone early
Agricultural Technology

Australia tech sector hits AUD $250bn GDP milestone early

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.

By Mark Tarre • 4 min read • Tue, 24th Mar 2026
Late payments threaten Payday Super for small businesses
Crypto

Late payments threaten Payday Super for small businesses

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

By Karen Joy Bacudo • 3 min read • Mon, 23rd Mar 2026
Specialised AI will define the next era of Australian enterprise networks
EduTech

Specialised AI will define the next era of Australian enterprise networks

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

By David Plummer • 5 min read • Wed, 18th Mar 2026
AI & hardship drive surge in Australian loan fraud
Fintech

AI & hardship drive surge in Australian loan fraud

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

By Karen Joy Bacudo • 4 min read • Wed, 18th Mar 2026
OpenAI boosts Australian startups credits to USD $50,000
Digital Transformation

OpenAI boosts Australian startups credits to USD $50,000

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

By Joseph Gabriel Lagonsin • 3 min read • Wed, 18th Mar 2026
Quantum Australia claims 4.5x return on public funding
Data Analytics

Quantum Australia claims 4.5x return on public funding

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

By Karen Joy Bacudo • 4 min read • Tue, 17th Mar 2026
AI lag puts Australian firms at risk of losing ground
Data Analytics

AI lag puts Australian firms at risk of losing ground

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

By Kaleah Salmon • 4 min read • Tue, 17th Mar 2026

Global Stories

Australian economy stories