The majority of Australians (65%) will be curtailing their festive season celebrations this year, with 42% expecting to buy fewer gifts and 60% avoiding travel to cut down on discretionary spending. This is according to a new report from global data and insights company, Pureprofile
The latest Employment Hero SME Index, which uses an accumulative dataset of over 140,000 small and medium-sized businesses (SMEs) and 1.4 million employees, indicates Australia’s technology sector is correcting itself after a period of unsustainable growth. The average employee growth for the Science, Information and Communication
The Victorian economy is growing strongly and providing jobs for workers with more than 130,000 Victorians joining the workforce over the past 12 months – the best performance in the country. The state’s 2022-23 Annual Financial Report published today reveals the resilience of the Victorian economy despite
Appliance cashbacks for businesses to invest in energy efficient equipment is a positive step to support business on their energy efficiency and sustainability journey, the state’s peak business body says. Announced this week, the Queensland Business Energy Saving Transformation program comes as Business Chamber Queensland
Today’s business owners and leaders must possess diverse skills to navigate a wide range of challenging scenarios. Among the many skills required, financial literacy is a must for business owners looking to sustain long-term success. What financial literacy means Financial literacy is the ability to make informed decisions
Apple recently made history as the world’s first $3 trillion company, making it the biggest company in the world by market cap, thanks to expansion into new markets and signs of improving inflation. With this in mind, City Index has revealed the biggest companies in 1980, 2000 and today by market cap,
Seven of the 13 selected industries reported falls in business turnover in July, according to figures released today by the Australian Bureau of Statistics (ABS). Robert Ewing, ABS head of business statistics, said the Electricity, gas, water and waste services industry reported the largest monthly
The number of people holding multiple jobs rose to 959,000 in the June quarter 2023, an increase of 7.0 per cent over the past year, according to Labour Account figures released today by the Australian Bureau of Statistics (ABS). Bjorn Jarvis, ABS head of labour
NVIDIA is the leading provider of chips that are needed for data centres to run powerful AI and machine-learning applications, and it is the poster child of the AI world after earning a $1 trillion valuation this year. Palantir’s software solutions help government and financial firms better understand data,
After an agonising 15 months for Australians, it seems like there might be reason to breathe a sigh of relief with another rate rise hold confirmed. This couldn’t come a moment sooner, as these rises have continuously pushed Australians further into the depths of financial
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