The construction industry in Australia has always been a vital sector, contributing significantly to the country’s GDP and economic growth. Similarly, the Australian Apprenticeship System has been vital to the construction industry, delivering a pipeline of skilled, trained individuals ready to commence their careers. In recent years however, even though the construction industry has […]
Helen Whait, the founder of ActivOT delves into the art of mastering the skill of saying NO and shares how it transformed her business In the hustle of entrepreneurship, it often seems like we’re compelled to say ‘yes’ to every opportunity to stay ahead or avoid being seen as weak by our peers. And […]
The only constant in business is change, and if there’s one lesson recent years has taught business leaders, it’s that businesses of all sizes must be prepared for anything. From global economic recessions to unforeseen market shifts, companies have been challenged time and again to adapt and pivot. Now, more than ever, the role […]
The latest Employment Hero SME Index, which uses an accumulative dataset of over 150,000 small and medium-sized businesses (SMEs) and 1.5 million employees, reveals Australia’s wage growth is beginning to flatten to align with inflation, prompting CEO Ben Thompson to call for a near term halt in further interest rate increases by the Reserve Bank of […]
New research from YouGov commissioned by ANZ has shown that 90% of Australians have made adjustments to their spending habits in the last six months. The most common ways that Australians are making changes include looking for cheaper alternatives when grocery shopping (59%), eating out less (56%), getting fewer takeaways (55%), and shopping for/at […]
CommBank’s innovation arm, x15ventures, has declared Pairtree Intelligence the winner of its 2023 Xccelerate program. Revealed during the bank’s tech and innovation update in Sydney, the collaboration will see Pairtree working closely with CommBank to enhance and reshape its offerings within the agricultural sector. Established in 2018, Pairtree simplifies data management for farmers by […]
Welcome to AI Weekly, where we delve into the cutting-edge and ever-evolving world of artificial intelligence and bring you concise yet comprehensive summaries of the most exciting AI developments. Global Surge in Interest for OpenAI’s ChatGPT on Google Breaks Records The demand for generative artificial intelligence (AI) tools is witnessing an unprecedented surge, with […]
Charlie Munger, the venerable vice chairman of Berkshire Hathaway and a billionaire philanthropist, leaves behind a legacy of unparalleled wisdom and investing acumen. Known for his sharp intellect and insightful perspective, Munger, who worked closely with Warren Buffett, passed away on Tuesday night in California at the age of 99. Born on January 1, […]
In October 2023, Australian retail turnover experienced a decline of 0.2%, as revealed by seasonally adjusted data released today by the Australian Bureau of Statistics (ABS). This downturn follows increases of 0.9% in September 2023 and 0.2% in August 2023. According to Ben Dorber, ABS head of retail statistics, the dip in retail turnover […]
The government is set to fast-track numerous industrial relations (IR) amendments through Parliament without proper consultation. This move raises concerns among major Australian employer groups, as over one hundred amendments are expected to be introduced hastily, leaving insufficient time for debate and scrutiny. Amidst a cost-of-living crisis, the proposed changes are deemed problematic for […]