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Cash still to account for 9% of Australian payments
Digital Transformation

Cash still to account for 9% of Australian payments

Digital wallets are gaining ground in Australia, but cash is still expected to account for 9% of point-of-sale value by 2030.

By Karen Joy Bacudo • 3 min read • Last month

Stories from Other Regions

Bank of Australia stories

Data centre influx applies pressure on AU emissions targets
Data centers

Data centre influx applies pressure on AU emissions targets

Australia's net zero goal faces fresh strain as billions flow into data centres that could lift power demand, water use and emissions.

By David Shilovsky • 5 min read • Last week
Australia launches gender equity benchmark for tech
Higher education

Australia launches gender equity benchmark for tech

Retention, pay transparency and flexible roles are now the key tests as employers try to keep women in technical jobs and close a widening gap.

By Joseph Gabriel Lagonsin • 4 min read • This month
Australia jobs rebound leaves RBA outlook uncertain
Jobs

Australia jobs rebound leaves RBA outlook uncertain

Unemployment held above the Reserve Bank of Australia's forecast in May, keeping interest rate markets guessing despite a 40,300 jobs rebound.

By Sean Mitchell • 5 min read • Last month
Australia inflation supports case for RBA rate rise
Supply Chain

Australia inflation supports case for RBA rate rise

Higher housing and wage pressures are keeping Australian inflation too hot for the Reserve Bank to rule out another rate rise as soon as November.

By Karen Joy Bacudo • 4 min read • Last month
Beyond quotas: fixing the real problem behind gender imbalance in technology and engineering
Human Capital Management

Beyond quotas: fixing the real problem behind gender imbalance in technology and engineering

Australia risks missing billions in economic gains unless more girls choose technology and engineering at school, experts warn.

By Karla Bester • 4 min read • Last month
Three ways Australian banks can reinvent SME banking
Software-as-a-Service

Three ways Australian banks can reinvent SME banking

As SMEs demand faster lending and integrated tools, banks risk losing ground unless they cut red tape and modernise their platforms.

By Andrew Groth Infosys ANZ and Theo Albers Infosys Finacle ANZ • 4 min read • Last month
Colter Bay blames lending bias for Australia's slump
Digital Transformation

Colter Bay blames lending bias for Australia's slump

Weak lending to software and other asset-light firms is, Colter Bay says, dragging on productivity as Australia's credit flows into property.

By Karen Joy Bacudo • 4 min read • Last month
RBA set to hold as late business payments hit six-year high
Small Business

RBA set to hold as late business payments hit six-year high

Australian businesses face tighter cash flow as overdue invoices jump to a six-year high, reinforcing expectations the RBA will hold rates at 4.35%.

By Karen Joy Bacudo • 4 min read • Last month
Australian consumer confidence stays deeply negative
Managed Services

Australian consumer confidence stays deeply negative

Higher borrowing and living costs have pushed household sentiment close to the survey's weakest level in 50 years.

By Mark Tarre • 4 min read • Last month
Inflation pressures remain entrenched, CreditorWatch warns
Inflation

Inflation pressures remain entrenched, CreditorWatch warns

Rising fuel and wage costs could keep Australian prices elevated for months, complicating the Reserve Bank of Australia's inflation fight.

By Mark Tarre • 5 min read • Last month
Commonwealth Bank tests AI companion in banking app
Data Analytics

Commonwealth Bank tests AI companion in banking app

The trial could make everyday banking decisions clearer for millions of app users, while keeping human oversight and fraud controls in place.

By Mark Tarre • 5 min read • Wed, 27th May 2026
Altman says businesses lag AI adoption amid rapid change
Digital Transformation

Altman says businesses lag AI adoption amid rapid change

Businesses face pressure to speed up AI rollouts as OpenAI chief Sam Altman says enterprise adoption remains very early.

By Mark Tarre • 6 min read • Wed, 27th May 2026
TermPlus expands fixed-term accounts for SMSF investors
Inflation

TermPlus expands fixed-term accounts for SMSF investors

SMSF trustees hunting income are being offered higher target returns as TermPlus taps stronger demand for fixed-term private credit accounts.

By Karen Joy Bacudo • 4 min read • Tue, 26th May 2026
ASIC says Australia primed for fintech & regtech growth
Fintech

ASIC says Australia primed for fintech & regtech growth

Australia's financial regulator sees artificial intelligence and easier rules helping startups turn a strong funding base into faster growth.

By Karen Joy Bacudo • 4 min read • Tue, 26th May 2026
Australia's late business payments hit six-year high
Manufacturing

Australia's late business payments hit six-year high

Cash-flow strain is deepening as overdue invoices and tax debts rise, with smaller firms hardest hit by higher rates and costs.

By Karen Joy Bacudo • 6 min read • Wed, 20th May 2026
Australia tests tokenised finance in Project Acacia
Fintech

Australia tests tokenised finance in Project Acacia

Settlement could become faster and cheaper for wholesale markets, but regulators say tokenised finance still needs new rules and infrastructure.

By Karen Joy Bacudo • 4 min read • Tue, 19th May 2026
CommBank appoints first Chief AI Scientist in Australia
Robotics

CommBank appoints first Chief AI Scientist in Australia

The appointment underscores the lender's push to scale responsible AI as banks race to recruit academic talent and manage security and governance risks.

By Sean Mitchell • 4 min read • Mon, 18th May 2026