Displaying items by tag: Economy

Virga is a fast, powerful and energy-efficient accelerated computing cluster that will help grow Australia’s science, industry and economy.

Australia’s national science agency, CSIRO, has worked with Dell Technologies to build a high-performance computer (HPC) system which will speed up scientific discoveries and help grow Australia’s industry and economy.

The Federal Government’s announcement that it will move to strengthen Australia’s merger laws, bringing Australia into line with most other developed economies, will benefit Australian consumers and businesses of all sizes, as well as the wider economy, according to the head of the competition watchdog, the ACCC.

Future Skills Monash College has announced an AI collaboration with Microsoft, which it says is unique and will deliver a fresh new approach to technology education and industry partnership in Australia.

Consumer and competition issues in the supermarket sector and essential services including electricity and financial services are among the compliance and enforcement priorities for the year ahead, according to the competition watchdog, the ACCC.

GUEST OPINION by Chris Parker, Vice President of Asia Pacific & Japan at Riverbed: As 2024 accelerates, the Australian IT landscape will be influenced by economic and technological challenges such as resilient inflation, the impact of rate rises, cybersecurity risks, and AI. The upcoming year is set to mark a transformation in how businesses approach their tech investments, handle complexity, and incorporate AI and ML into their operations. Let's explore the key trends poised to define the IT sector in the year ahead.

Executive employment is falling and that doesn’t bode well for the future of the Australian economy, according to Grant Montgomery, Managing Director of human resources consultancy E.L Blue, publishers of the E.L. Executive Demand Index.

COMPANY NEWS: New data shows 81%of Australian consumers prioritise ease of use online, with identity theft highest concern over financial loss

New research by Deloitte indicates more than a quarter of the Australian economy will be rapidly and significantly disrupted by generative AI or almost $600 billion of economic activity.

GUEST OPINION: As the Australian workforce braces itself for the rise of artificial intelligence (AI) and automation, individuals must adapt by acquiring new skills. By doing so, Australians can secure better-paying jobs and embark on more fulfilling career paths, while also leading to increased efficiency and competitiveness for the country that has recently seen record declines in productivity.

Almost a decade ago the Buy Now Pay Later (BNPL) industry steamrolled into our lives, gaining significant popularity among Australian consumers.

The head of Science & Technology Australia, the peak body representing 115,000 Australian scientists and technologists, has  welcomed the creation of the new National Reconstruction Fund, predicting that it would give Australia a powerful new vehicle to “spur and scale” the nation’s economic development and diversification.

Forget the great resignation, it's the mass layoff. Experienced tech industry workers have long enjoyed being on the supply end of a demand-and-supply chain in their favour. Yet, a spate of mass terminations across industry giants is gaining momentum.

GUEST OPINION by Rajith Haththotuwegama, Manager – Data Analytics & Automation at Tecala:  Automation has been on the radar of Australian organisations for some time. Though the promise of the technology is fairly well understood, it has faced some barriers to broad-scale use, particularly in the mid-market, which is home to many economically important Australian businesses. But this is about to change.

COMPANY NEWS: Critical infrastructures and essential service industries have been placed in the spotlight over the past two years and, as a result, Australia has made great progress in addressing threats against vital elements of our economy and society, says banking services, digital identity and cybersecurity company Thales.

Digital technologies and data are increasingly important for Australia’s economy and policies that promote digital innovation and adoption are needed to drive productivity growth, according to independent research and advistory body to government, The Productivity Commission.

The Internet Association of Australia (IAA) has thrown its support behind Communications Minister Michelle Rowland in rejecting NBN Co’s proposed variation to the Special Access Undertaking (SAU).

Farmers for Climate Action, a farmer-led organisation focused solely on climate change, says strong climate policy can help deliver Australian farmers a “great trade deal “with the EU.

Australian federal government agencies have less than five months to comply with the Australian Taxation Office (ATO) mandate to adopt e-invoicing by 1 July 2022, which will be a game-changer for government and business across the country and may help the nation’s economic recovery, according to SAP Concur.

In an event featuring Australian Prime Minister, Scott Morrison, and Google CEO Sundar Pichai, Google Australia has launched its "Digital Future Initiative," a AUD $1 billion investment in Australian infrastructure, research and partnerships that aims to "strengthen local capabilities, support jobs and help build Australia’s digital economy for the future."

GUEST OPINION by Danny Lessem CEO ELMO Software: Australian tech solutions can facilitate the next step in reopening the economy through secure information sharing of employees’ COVID-19 vaccination and test status between Government, business and the tech sector.