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Economic downturn Stories - Page 3

Global Stories

Economic downturn stories

Cyber security budget cuts linked to mental health issues, survey reveals
EduTech

Cyber security budget cuts linked to mental health issues, survey reveals

IT professionals' mental health impacted by reduced cyber security budgets, Integrity360 survey shows.

By Kaleah Salmon • 3 min read • Wed, 20th Dec 2023
Equinix report explores Australian mining leaders' tech views amidst uncertainties
Hyperscale

Equinix report explores Australian mining leaders' tech views amidst uncertainties

Equinix's latest report reveals Australian mining leaders maintain optimism amidst geopolitical and economic challenges, acknowledging technology's crucial role in industry adaptation.

By Kaleah Salmon • 3 min read • Tue, 28th Nov 2023
Navigating uncertainty: The value of a robust finance unit
Fintech

Navigating uncertainty: The value of a robust finance unit

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.

By Rosie Cairnes • 3 min read • Mon, 4th Sep 2023
Offboarding strategies crucial during economic downturn
Human Capital Management

Offboarding strategies crucial during economic downturn

Over a third of Australian companies have made lay-offs in the last year, according to a study by Capterra. Find out more here.

By Catherine Knowles • 3 min read • Fri, 7th Jul 2023

Stories from Other Regions

Economic downturn stories

Australian workers prioritise work-life balance over higher pay
Fintech

Australian workers prioritise work-life balance over higher pay

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.

By Catherine Knowles • 3 min read • Wed, 17th Jul 2024
The greatest danger in a recession isn't (only) your bottom line
Partner Programmes

The greatest danger in a recession isn't (only) your bottom line

During recessions, businesses often cut charitable giving to protect their bottom line, but GravityLab urges Kiwi firms to keep funding social justice initiatives.

By Daniel Howell • 4 min read • Tue, 2nd Jul 2024
Australian small businesses seek global growth amid challenges
Clean technologies

Australian small businesses seek global growth amid challenges

A recent Sendle survey reveals that 65% of Australian small businesses plan to tap into international markets for revenue growth amid rising costs.

By Kaleah Salmon • 3 min read • Wed, 26th Jun 2024
Australian fintech investment plummets by 76% amid global downturn
Artificial Intelligence

Australian fintech investment plummets by 76% amid global 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.

By Kaleah Salmon • 3 min read • Thu, 15th Feb 2024
Centrix and Envestnet | Yodlee to enhance financial data in New Zealand
Data Analytics

Centrix and Envestnet | Yodlee to enhance financial data in New Zealand

Centrix partners with global data aggregator Envestnet | Yodlee to enhance financial data improving bank feeds for New Zealand. .

By Catherine Knowles • 3 min read • Tue, 21st Nov 2023
Australian shoppers heavily rely on user-generated content for purchases
eCommerce

Australian shoppers heavily rely on user-generated content for purchases

Over 80% of Australian consumers rely on user-generated content to influence purchase decisions, finds Bazaarvoice.

By Kaleah Salmon • 3 min read • Tue, 7th Nov 2023
1.1 million SMEs risk collapse in current UK economy: CyberSmart
Fintech

1.1 million SMEs risk collapse in current UK economy: CyberSmart

According to the survey, 15% of senior SME leaders are willing to commit accounting/tax fraud or evasion to ensure survival.

By Gaurav Sharma • 3 min read • Fri, 4th Aug 2023
Construction insolvencies up 53% in one year
Disaster Recovery

Construction insolvencies up 53% in one year

Construction firms are under mounting strain as price rises, supply shortages and softer demand push insolvencies higher across New Zealand.

By Staff Writer • 4 min read • Thu, 1st Jun 2023
The year that was leaves a legacy
Supply Chain

The year that was leaves a legacy

Severe weather, Covid and inflation are worsening New Zealand’s infrastructure, emergency readiness and cost of living, with repairs set to take years.

By Staff Writer • 6 min read • Mon, 24th Apr 2023
Huawei Cloud sets off SMB business development revolution
Hybrid & Remote Work

Huawei Cloud sets off SMB business development revolution

Huawei Cloud's new Digital Workspace package is designed to help SMBs keep up with digital transformation amid economic uncertainty.

By Zach Thompson • 7 min read • Wed, 19th Apr 2023
How CFOs can plan for the financial pressures in 2023
Data Analytics

How CFOs can plan for the financial pressures in 2023

Throughout 2023, CFOs need to explore how to manage their spending during a recession and look beyond just cutting budgets or reducing expenses.

By Christian Müller • 6 min read • Tue, 18th Apr 2023
CFOs prepare to automate their way through a challenging future
IT Automation

CFOs prepare to automate their way through a challenging future

After a year of unexpected challenges for CFOs, they are looking increasingly to automation and technology to manage what comes their way.

By Laurent Descout • 4 min read • Wed, 15th Mar 2023
How can retailers become more recession resilient?
Customer Experience

How can retailers become more recession resilient?

With another recession looming, retailers must prioritize customer experience and mitigate developer burnout to survive and thrive.

By Kam Zulawski • 5 min read • Tue, 7th Mar 2023
How companies can save money on cloud usage
FinOps

How companies can save money on cloud usage

Companies are finding that their bills are rising as they harness the cloud to use new technologies and explore new opportunities.

By Dr James Mitchell • 4 min read • Wed, 1st Mar 2023