Economic downturn stories
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Australian workers prioritise work-life balance over higher pay
Last week
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financial systems
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fintechs
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productivity
Nearly half of 500 Australian workers surveyed by Humanforce have changed jobs in the past year, prioritising work-life balance and wellbeing over higher pay.
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The greatest danger in a recession isn’t (only) your bottom line
This month
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business success
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recession
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funding
During recessions, businesses often cut charitable giving to protect their bottom line, but GravityLab urges Kiwi firms to keep funding social justice initiatives.
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Australian small businesses seek global growth amid challenges
Last month
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cleantech
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sustainability
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inflation
As high interest rates and inflation squeeze, two-thirds of Australian small businesses target international markets for growth, with 48% anticipating up to 25% sales increase in FY25.
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Australian fintech investment plummets by 76% amid global downturn
Thu, 15th Feb 2024
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ai
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payment technologies
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economic downturn
Australia's fintech deal value sunk by 76% to US$587m in 2023, a six-year low, amid a worldwide investment downturn, reports KPMG's Pulse of Fintech.
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Auvik report shows need for advanced security in tech landscape
Mon, 5th Feb 2024
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network infrastructure
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datacentre infrastructure
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network management
Auvik's latest trend report highlights a surging interest in Wi-Fi 7, cloud security, and 'cloud cost' amid a complex tech landscape.
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Cyber security budget cuts linked to mental health issues, survey reveals
Wed, 20th Dec 2023
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ransomware
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encryption
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advanced persistent threat protection
IT professionals' mental health impacted by reduced cyber security budgets, Integrity360 survey shows.
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Equinix report explores Australian mining leaders' tech views amidst uncertainties
Tue, 28th Nov 2023
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hyperscale
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dc
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skills gap
Equinix's latest report reveals Australian mining leaders maintain optimism amidst geopolitical and economic challenges, acknowledging technology's crucial role in industry adaptation.
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Centrix and Envestnet | Yodlee to enhance financial data in New Zealand
Tue, 21st Nov 2023
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data analytics
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big data
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bi
Centrix partners with global data aggregator Envestnet | Yodlee to enhance financial data improving bank feeds for New Zealand.
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Australian shoppers heavily rely on user-generated content for purchases
Tue, 7th Nov 2023
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reviews
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social media
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technology gifts
Over 80% of Australian consumers rely on user-generated content to influence purchase decisions, finds Bazaarvoice.
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Navigating uncertainty: The value of a robust finance unit
Mon, 4th Sep 2023
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financial systems
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fintechs
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blackline
With the economy in a state of flux, a proactive, a high-performing Finance and Accounting team is the best asset an organisation can have.
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1.1 million SMEs risk collapse in current UK economy: CyberSmart
Fri, 4th Aug 2023
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fintechs
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financial systems
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fraud
According to the survey, 15% of senior SME leaders are willing to commit accounting/tax fraud or evasion to ensure survival.
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Offboarding strategies crucial during economic downturn
Fri, 7th Jul 2023
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hcm
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ex
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strategy
Over a third of Australian companies have made lay-offs in the last year, according to a study by Capterra. Find out more here.
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Huawei Cloud sets off SMB business development revolution
Wed, 19th Apr 2023
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smartphones
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hybrid & remote work
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integrated products
Huawei Cloud's new Digital Workspace package is designed to help SMBs keep up with digital transformation amid economic uncertainty.
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How CFOs can plan for the financial pressures in 2023
Tue, 18th Apr 2023
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data analytics
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planning
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it automation
Throughout 2023, CFOs need to explore how to manage their spending during a recession and look beyond just cutting budgets or reducing expenses.
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CFOs prepare to automate their way through a challenging future
Wed, 15th Mar 2023
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it automation
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challenge
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cfo
After a year of unexpected challenges for CFOs, they are looking increasingly to automation and technology to manage what comes their way.
![Story image](../../../../../uploads/story/2023/03/07/preview_GettyImages-1354321367.webp)
How can retailers become more recession resilient?
Tue, 7th Mar 2023
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cx
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martech
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spending
With another recession looming, retailers must prioritize customer experience and mitigate developer burnout to survive and thrive.
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How companies can save money on cloud usage
Wed, 1st Mar 2023
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cloud services
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economic downturn
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budget
Companies are finding that their bills are rising as they harness the cloud to use new technologies and explore new opportunities.
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Understanding end-user behaviour critical for cost-cutting and sustainability goals
Tue, 7th Feb 2023
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cleantech
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e-waste
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forrester research
CIOs have an opportunity to take a comprehensive look into the health of their IT infrastructure, and in particular, end-user experience.
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China’s smartphone market fell to a decade low in 2022
Fri, 3rd Feb 2023
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smartphones
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analyst report
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idc
IDC says that the full-year market size neared the level ten years ago when two out of five mobile phone shipments were still feature phones.
![Story image](../../../../../uploads/story/2022/09/12/preview_GettyImages-1213574690.webp)
Use the downturn to set your business up well for the upswing
Mon, 12th Sep 2022
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inflation
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financial results
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leadership
How can businesses navigate an economic downturn? Invest in compliance, marketing, R&D, and customer service, say experts.