Australian economy stories
Labour shortages are leaving Australian companies unable to fill critical roles, with one in three reporting poorer service and 32% losing customers.
Spending jumped across retail, hospitality and entertainment as ANZ customers marked Father's Day with gifts and outings over the weekend.
Australian employers are losing customers and delaying contracts as skilled vacancies linger for weeks, a survey of 214 firms found.
Small Australian businesses are adding marketplaces to their sales mix as online spending climbs and Temu seeks a bigger local foothold.
Business innovation has stalled in the latest two years, even as a new index puts Australia at a record high in 2023-24.
Software tools are helping engineers save time as Australia braces for a shortfall of about 150,000 staff over the next decade.
Spring selling is off to a cautious start, with fewer homes going under the hammer and the capital-city clearance rate stuck at 49.3 per cent.
Rising fuel and borrowing costs are squeezing Australian households and firms, bolstering expectations the Reserve Bank may lift rates again in September.
Households are set to boost spending on screens, snacks and beer as football finals and the NFL's Melbourne debut draw bigger audiences.
Australian SMEs are waiting 19 days beyond terms for payment, squeezing cash flow as ezyCollect rolls out AI to target late invoices.
Australia could miss the productivity gains from artificial intelligence unless small firms get more practical support to use it across their operations.
Spring's housing market is yet to show a strong lift, as auction numbers stayed well below last year while buyer demand held up.
The tie-up gives Commonwealth Bank a branded slot beside 24-hour market coverage as households face interest rates and cost-of-living pressure.
Businesses risk wasting money on AI unless they first tackle the repetitive admin that is draining skilled staff time across departments.
Rising listings and longer selling times are deepening the downturn, with vendor discounts widening as buyers retreat from Australia's housing market.
Productivity gains are being left on the table as businesses adopt artificial intelligence too slowly and without the skills or strategy to scale it.
Despite softer confidence, most Australian SMEs still expect to meet targets, with price rises and technology investment helping offset cost pressure.
More than a third of Australian employers have lost customers or cut service quality as hiring gaps force them to turn work away.
New customers can earn an introductory 5.50% savings rate for three months on balances up to AUD $100,000 without deposit or card-spend conditions.
A shift to renewable-powered computing could save millions of tonnes of carbon and unlock billions of dollars in investment, new research says.