ChannelLife Australia - Industry insider news for technology resellers
Australia

Economy Stories - Page 2

Australian Stories

Economy stories

Qantas & Airbus invest AUD $15m in climate tech fund
Supply Chain

Qantas & Airbus invest AUD $15m in climate tech fund

Qantas and Airbus have committed AUD $15 million to Climate Tech Partners, aiming to boost sustainable aviation fuel and decarbonisation tech in aviation.

By Sean Mitchell • 3 min read • Tue, 8th Apr 2025
CBRIN boosts ACT economy with AUD $196 million GSP in 2024
EduTech

CBRIN boosts ACT economy with AUD $196 million GSP in 2024

The Canberra Innovation Network has boosted the Australian Capital Territory's economy, adding AUD $196 million to its Gross State Product in 2024.

By Catherine Knowles • 3 min read • Thu, 5th Dec 2024
Hospitality sector shows resilience with 7% sales growth
Hospitality

Hospitality sector shows resilience with 7% sales growth

Quantaco's Hospitality Industry Update reveals a 7% increase in weekly sales in Q1 2025, highlighting resilience amid rising living costs.

By Imee Dequito • 3 min read • Wed, 30th Oct 2024

Global Stories

Economy stories

Anetac launches Human Link Pro to combat access risk with AI
Identity and Access Management

Anetac launches Human Link Pro to combat access risk with AI

Anetac launches Human Link Pro, unifying human and non-human identity management with AI to combat rising security risks amid workforce shifts globally.

By Catherine Knowles • 5 min read • Wed, 30th Apr 2025
Cost of living & supply chain woes top retail concerns
Customer Experience

Cost of living & supply chain woes top retail concerns

Retailers name the cost of living crisis their biggest challenge in 2025, with 56% citing it as the main concern amid economic uncertainty, says Fluent Commerce.

By Shannon Williams • 4 min read • Fri, 25th Apr 2025
Business travellers opt for earlier hotel bookings, study finds
Online bookings

Business travellers opt for earlier hotel bookings, study finds

A report reveals that business travellers are booking hotels earlier, with average lead times rising to 17.35 days in late 2024, up nearly 7% from 2023.

By Catherine Knowles • 3 min read • Fri, 21st Feb 2025
Office gifting trends shift amid rising living costs
Workplace culture

Office gifting trends shift amid rising living costs

Workplace gifting is evolving as living costs rise, with fewer colleagues contributing but higher average amounts per gift, reports GroupTogether.

By Shannon Williams • 3 min read • Thu, 6th Feb 2025
LG Electronics posts record Q3 revenue despite challenges
Economy

LG Electronics posts record Q3 revenue despite challenges

LG Electronics has achieved record third-quarter revenue of AUD $24.23 billion amidst ongoing global economic challenges.

By Shannon Williams • 3 min read • Thu, 31st Oct 2024

Stories from Other Regions

Economy stories

European display market faces falling prices in 2025
Digital Signage

European display market faces falling prices in 2025

The European Large Format Display market is struggling as unit sales and prices dip, despite higher shipments; education sector saturation is a key factor.

By Catherine Knowles • 3 min read • Fri, 21st Mar 2025
SDEC and Kintone Southeast Asia advance digital adoption in Malaysia
Unified Communications

SDEC and Kintone Southeast Asia advance digital adoption in Malaysia

Sarawak Digital Economy Corporation and Kintone Southeast Asia have enhanced their partnership to boost digital adoption among Malaysia's SMEs, crucial for economic growth.

By Catherine Knowles • 3 min read • Thu, 20th Feb 2025
Anchor raises USD $20m to transform SMB invoice process
Fintech

Anchor raises USD $20m to transform SMB invoice process

Anchor has successfully raised USD $20 million in Series A funding to combat late payments for U.S. small businesses, boosting growth and efficiency.

By Catherine Knowles • 3 min read • Mon, 3rd Feb 2025
Kantar reveals rise in UK ad-supported streaming tiers
Marketing Technologies

Kantar reveals rise in UK ad-supported streaming tiers

Kantar's latest report reveals a surge in ad-supported streaming subscriptions in the UK, rising to 31% amid changing viewer habits and economic pressures.

By Catherine Knowles • 3 min read • Fri, 31st Jan 2025
Economic uncertainty top worry for NZ business leaders
Financial Systems

Economic uncertainty top worry for NZ business leaders

A recent survey reveals that 77% of New Zealand business leaders are increasingly concerned about economic uncertainty as they prepare for 2025.

By Catherine Knowles • 4 min read • Wed, 15th Jan 2025
ScotlandIS outlines 2025 trends in AI, remote work, security
Partner Programmes

ScotlandIS outlines 2025 trends in AI, remote work, security

ScotlandIS predicts a surge in AI skills demand and hybrid working models for 2025, despite economic hurdles, with a push for greener data centres.

By Catherine Knowles • 4 min read • Thu, 26th Dec 2024
NVIDIA opens Vietnam R&D centre to boost AI innovation
EduTech

NVIDIA opens Vietnam R&D centre to boost AI innovation

NVIDIA has unveiled its inaugural research and development centre in Vietnam, a significant step in enhancing the country's artificial intelligence landscape.

By Catherine Knowles • 2 min read • Thu, 12th Dec 2024
Accept Cards launches SME-focused cash deposit solution
Fintech

Accept Cards launches SME-focused cash deposit solution

Accept Cards has launched Accept Cash, an innovative solution for SMEs enabling same-day cash deposits amid rising bank branch closures in the UK.

By Catherine Knowles • 4 min read • Fri, 8th Nov 2024
UK STEM productivity hampered by limited AI tool access
Artificial Intelligence

UK STEM productivity hampered by limited AI tool access

A study reveals the UK's STEM workforce is losing GBP £64 billion annually due to limited access to advanced AI tools, impacting productivity significantly.

By Catherine Knowles • 3 min read • Thu, 31st Oct 2024