SecurityBrief Australia - Technology news for CISOs & cybersecurity decision-makers
Australia

Australian economy Stories

Australian Stories

Australian economy stories

ATO tax debts lift insolvency risk for Australian firms
Data Analytics

ATO tax debts lift insolvency risk for Australian firms

More than 35,000 Australian businesses now face heightened failure risk as ATO debts above AUD $100,000 coincide with rising defaults.

By Karen Joy Bacudo • 5 min read • Yesterday
SMEC AI launches national line to aid SME AI adoption
Digital Transformation

SMEC AI launches national line to aid SME AI adoption

A free phone service aims to help Australian small businesses move beyond early AI trials, after research found most do not know where to begin.

By Mark Tarre • 4 min read • Yesterday
Revolut launches Australian bank after licence win
Digital Transformation

Revolut launches Australian bank after licence win

Australia-based customers will soon get savings accounts and a credit card as Revolut commits nearly AUD $400 million to its local banking push.

By Karen Joy Bacudo • 4 min read • 2 days ago
Australian banks pay over AUD $4,000 a day for specialists
Digital Transformation

Australian banks pay over AUD $4,000 a day for specialists

Banks and insurers are scrambling for scarce regulatory experts as deadlines bite, even after cutting about 8,000 permanent roles this year.

By Sean Mitchell • 4 min read • 2 days ago
Australia lags on AI governance as adoption races ahead
Digital Transformation

Australia lags on AI governance as adoption races ahead

Only 22% of Australian organisations say they are ready to govern AI safely, as spending and use surge across daily operations.

By Mark Tarre • 5 min read • 3 days ago
Younger workers drive wage growth in Australia's SMBs
Small Business

Younger workers drive wage growth in Australia's SMBs

Pay rises are easing across Australia's SMB sector, but 18- to 24-year-olds still posted the strongest annual wage gains in June.

By Mark Tarre • 4 min read • 3 days ago
Australia urges small firms to ditch cheques for digital
Digital Transformation

Australia urges small firms to ditch cheques for digital

Small businesses face disruption as Australia phases out cheques by 2029, with 3.5 million bank cheques still unbanked.

By Sean Mitchell • 3 min read • 3 days ago
'Very small' fines unlikely to prevent future mobile outages
Customer Experience

'Very small' fines unlikely to prevent future mobile outages

Penalties in the low-to-medium eight figures may barely dent Telstra, as experts say tougher laws are needed to stop repeat outages.

By David Shilovsky • 5 min read • Last week
Australians cut spending & lean on credit as costs bite
Data Analytics

Australians cut spending & lean on credit as costs bite

Household finances are under growing strain as more Australians dip into savings, cut discretionary spending and lean on credit for essentials.

By Joseph Gabriel Lagonsin • 3 min read • Last week
Australia rates more likely to rise again, warns economist
Artificial Intelligence

Australia rates more likely to rise again, warns economist

Households and firms face renewed pressure, as mixed survey data point to the Reserve Bank of Australia staying tight and possibly lifting rates again.

By Karen Joy Bacudo • 4 min read • Last week
FinTech Australia warns Treasury over startup tax plan
Fintech

FinTech Australia warns Treasury over startup tax plan

Most fintech startups could miss out on planned tax relief unless Treasury rewrites rules to reflect the sector's long, costly path to scale.

By Karen Joy Bacudo • 4 min read • Last week
Australian firms rush AI adoption amid rising risks
Software-as-a-Service

Australian firms rush AI adoption amid rising risks

Boards face mounting pressure to set AI rules now, as faster adoption is exposing Australian firms to data, workforce and security risks.

By Mark Tarre • 5 min read • This month
Australia urged to back national semiconductor roadmap
Semiconductors

Australia urged to back national semiconductor roadmap

A lack of national coordination risks leaving Australia behind as other countries pour funds into chips vital to defence, AI and industry.

By Sean Mitchell • 4 min read • This month
Warburg Pincus takes stake in Australian CreditorWatch
Software-as-a-Service

Warburg Pincus takes stake in Australian CreditorWatch

The Australian credit-reporting firm plans to expand staff and technology after Warburg Pincus agreed to invest, with terms undisclosed.

By Karen Joy Bacudo • 4 min read • This month
Confirmation of Payee passes 150 million checks in year
Data Protection

Confirmation of Payee passes 150 million checks in year

The name-checking service is now helping avert scam losses and mistaken payments, with more than 150 million checks completed in its first year.

By Joseph Gabriel Lagonsin • 4 min read • This month
Amazon Australia launches seven-day Prime Day sale
eCommerce

Amazon Australia launches seven-day Prime Day sale

Australian shoppers facing tighter budgets are being drawn to Amazon's biggest annual discount event, which covers hundreds of thousands of items.

By Joseph Gabriel Lagonsin • 4 min read • This month

Global Stories

Australian economy stories

Australian warehouse costs rise as Sydney rents shift
Data centers

Australian warehouse costs rise as Sydney rents shift

Higher build and rent costs are squeezing occupiers, with Sydney's industrial market now showing wider price gaps and slower dealmaking.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Procurement blocks AI adoption for 84% of Australian CEOs
Digital Transformation

Procurement blocks AI adoption for 84% of Australian CEOs

Poor data and supply chain fragility are slowing AI rollouts, with most Australian chief executives saying procurement is holding back adoption.

By Sean Mitchell • 4 min read • This month