In Australia, holiday shutdowns from Christmas into the first week or two of the new year are commonplace. However, this year’s process will need to address new obligations that took effect from 1 May 2023 for employees employed under a modern award. This follows rulings made by the Fair Work Commission (FWC) in August […]
The Australian Innovation Competition has unveiled its five winners, representing diverse industries and offering transformative technological solutions. EarFlo, Innofocus, Ripen Tech, Vaulta, and Zondii have each earned a $30,000 Innovation Prize from Industry Growth Centre METS Ignited, providing vital support for their innovations and the potential to enhance efficiency and effectiveness in their respective […]
Australia has witnessed a robust surge in inflation during the third quarter, sparking concern among policymakers and heightening the likelihood of an impending interest rate hike, potentially as early as the following month. Investors have promptly recalibrated their expectations, with futures markets now reflecting a significant shift from the prior 35% estimate to a […]
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. Apple’s Generative AI in iOS 18 Apple is making strides to introduce generative AI technology into its iOS ecosystem, with an anticipated release as early […]
A new survey reveals two-thirds (68%) of SMEs require additional or updated assets to grow their business this year. However, almost a quarter (22%) blame the high price of vehicles and equipment as the reason preventing them from acquiring them. An additional one in five (19%) are concerned they are unable to afford new […]
In a significant finding, 84% of ANZ businesses view the adoption of hybrid and remote work as a boon to their bottom line. CEOs are placing hybrid work flexibility as the top driver for successful employee experience strategies. However, less than half (43%) of ANZ organizations believe their employees have access to the technology […]
In common with many other sectors, the insurance market continues to experience the effects of digital disruption. Long-established behemoths are up against nimble, digital-first upstarts with lower cost bases and a laser-sharp focus on winning mind and market share, by offering keenly priced policies and highly responsive service. The Covid-sparked pivot to digital has […]
In this week’s Let’s Talk, we’re delving into the important topic of talent retention. As the global job market evolves, businesses grapple with the ongoing challenge of keeping top talent. Holding onto skilled professionals is crucial for growth and innovation. Our experts will explore strategies and insights to attract and retain the best employees, […]
Data from the Australian Government Productivity Commission shows poor mental health costs the Australian economy $12.2 – 22.5 billion each year. Research from Stanford University has shown that breathwork is more effective in reducing stress than meditation, and Australian businesses and government bodies such as Google and the Navy SEALS are embracing the practice, […]
In today’s challenging economic environment, the topic of small business productivity is dominating conversations everywhere from government halls to newsrooms. All because the vital role of small business in our economy – and the huge benefits promised by increased innovation and productivity within the sector – has never been more critical. From inflation to […]