TechDay Australia - Australia's technology news network

Inflation stories

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QBE report reveals emerging challenges for Singapore SMEs
4 days ago
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breach prevention
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ai
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inflation
QBE Insurance's annual SME surveys reveal challenges for small and medium-sized enterprises in Singapore and Hong Kong, highlighting rising costs and AI adoption concerns.
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SMEs in Singapore could miss out on SGD $800m annually
Last week
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inflation
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smes
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syfe
Small and medium-sized enterprises in Singapore are at risk of losing SGD $800 million each year by keeping cash in low-yield bank accounts.
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Tech workers in Australia pushing for 2025 pay boosts
This month
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inflation
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employment
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work-life balance
A survey by Robert Half reveals that nearly one-third of tech workers in Australia are prioritising pay rises in 2025, with many willing to seek new roles if unmet.
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UK FinTech funding drops 2% in 2024 to USD $4.9 billion
Last month
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fintech
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cybersecurity
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inflation
Funding for UK FinTech startups dipped 2% to USD $4.9 billion in 2024, marking a five-year low amidst growing regulatory challenges and economic concerns.
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Slowdown in employee pay raises forecasted for 2025
Last month
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hcm
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inflation
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financial management
A recent Gartner survey reveals that only 61% of CFOs plan to increase employee pay in 2025, marking a notable decline from previous years.
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Shifting U.S. consumer debt trends requires new collections approach
Last month
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data analytics
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inflation
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millennials
Rising consumer debt in the U.S. amid inflation and high interest rates prompts a shift towards multi-channel debt collection strategies to enhance recovery.
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Zero-Based Everything: the proven strategy that’s unlocking double-digit savings
Last month
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cfo
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procurement
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inflation
As inflation and uncertainty strain budgets, businesses are turning to Zero-Based Everything, a strategy promising savings of 10-25% and up to 50% in procurement.
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Consumers feel exploited by brands' dynamic pricing
Last month
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cx
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martech
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inflation
A Gartner survey reveals that 68% of US consumers feel exploited by dynamic pricing, with many preferring brands that offer consistent prices.
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Loopit gains traction with flexible car subscriptions
Last month
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economics
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subscriptions
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inflation
The car subscription model is rising in Australia, offering consumers alternatives to traditional loans amid inflation and economic uncertainty.
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Global wage inflation for IT TSPs set to improve in 2025
Thu, 26th Dec 2024
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financial systems
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leadership
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inflation
Service Leadership's latest report forecasts significant improvements in wage inflation for IT solution providers in 2025, following a stagnant 2023.
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Bitcoin reaches USD $100,000, joins top global assets list
Thu, 12th Dec 2024
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cryptocurrency
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blockchain
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bitcoin
Binance Australia's latest report reveals a 39.9% surge in crypto market capitalisation to USD $3.47 trillion, driven by investor optimism and Bitcoin hitting USD $100,000.
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SAP Concur reveals 2025 predictions for T&E management
Thu, 12th Dec 2024
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digital transformation
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risk & compliance
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ai
SAP Concur predicts major shifts in travel and expense management by 2025, highlighting investment in AI, compliance tools, and user experience improvements.
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Nearly half of Aussie small firms expect cash flow boost
Tue, 10th Dec 2024
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martech
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cdp
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digitisation
Despite rising costs and economic pressures, nearly 47% of Australia's small businesses foresee improved cash flow by 2025, revealing growing optimism.
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Black Friday evolves into key November event in Australia
Fri, 6th Dec 2024
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cx
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martech
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inflation
Australia's Black Friday has transformed into 'Black November', with a 15% increase in spending, reflecting a shift in consumer habits and enhanced retail strategies.
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Australians & Kiwis face strain from living cost crisis
Fri, 6th Dec 2024
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inflation
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immigration
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analyst report
A report reveals ongoing financial strain for Australians and New Zealanders, with rising living costs leaving nearly half feeling worse off than last year.
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Majority of UK CFOs require six-day week amid stress
Thu, 5th Dec 2024
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ai
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cybersecurity
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inflation
A survey by AccountsIQ reveals that 85% of CFOs in the UK and Ireland feel a six-day work week is essential to manage financial responsibilities.
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Alternative lending gains popularity among New Zealand SMEs
Thu, 5th Dec 2024
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commerce commission
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christmas
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inflation
A Prospa survey reveals many New Zealand SMEs view summer as vital, with 43% expecting better conditions despite economic challenges ahead.
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Cyber Monday 2024 online sales surge to USD $13.3 billion
Wed, 4th Dec 2024
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gaming
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data analytics
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martech
Adobe has announced that online spending soared to USD $13.3 billion during Cyber Monday 2024, reflecting a 7.3% rise from last year.
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Supply chain trends 2025: cybersecurity & AI focus
Tue, 3rd Dec 2024
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digital transformation
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ai
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cybersecurity
FourKites experts forecast that supply chain trends in 2025 will focus heavily on cybersecurity, AI innovation, and data normalisation.
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Why your money buys less every year — and how to fight back
Tue, 3rd Dec 2024
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cryptocurrency
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blockchain
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bitcoin
As inflation erodes purchasing power, experts advise investing in assets that outpace price rises to safeguard your finances against currency debasement.