The Double-Edged Sword

How AI saves money, but…

Latest Stories

Australian businesses are bleeding money due to poor AI integration and digitisation, with a shocking $1.4 billion wasted annually on unused digital tools. Various factors fuel this costly inefficiency — get the insights from this must-read article.

Find out how a Supreme Court ruling has clarified 'payment claims' for builders' retention money under the Building and Construction Industry Security of Payment Act 2002, highlighting a stark contrast with a previous Punton's Shoes case.

SMEs struggle with costs like insurance, energy, and taxes. This article provides practical strategies to cut these expenses, streamline processes and build a stronger, more sustainable business. Don't let costs hinder your business growth - read on!

Discover the power of no-code automation tools in streamlining operations without the need for technical know-how. Find out how tools like Zapier, UiPath, and Okta Workflows are revolutionizing industries, boosting efficiency, and promoting collaboration.

Top stories

New laws in Australia now require employers to take proactive steps to prevent sexual harassment in the workplace. The Australian Human Rights Commission will have the power to investigate companies and ensure they are making workplaces safer.

Amid rising costs and the closure of bank branches, small businesses in regional areas in Australia are feeling the financial strain more than their city counterparts, according to a survey. Regional operators are grappling with higher wages, transportation costs, and energy expenses, while also struggling to pass these increased costs onto consumers.

Australia

New research from Rubrik reveals that Australia's casual culture is leading to data security blind spots, with employees and business leaders skirting data policies and best practices. This poses a significant challenge in the face of increasing cyber risks.

In a digital age where negative posts can quickly go viral, companies need a strategy for managing customer complaints. This article discusses research findings and recommendations for preventing and mitigating social media firestorms.

Australian Economy

With a slowing labor market, data shows record-low retrenchment rates. However, there is an "acute" shortage of skilled trades as the pendulum swings back to employers. Read more for insights.

In a year full of economic turmoil, the interest rate Grinch has threatened to steal Christmas for consumers. The latest sentiment reading reveals the lowest yearly score since 1974. Read more.

India

India to review 13-year-old trade pact with ASEAN as imports surge. The deal, signed in 2009, faces potential changes amidst a spike in imports from member countries.

World

US inflation is expected to continue its steady slowdown, but some areas of the economy may see higher prices. Falling gas prices offset a rise in food costs, with core prices predicted to rise above the Federal Reserve's target.

The European Union has agreed on landmark legislation to regulate artificial intelligence, sparking immediate opposition. The new rules have been described as the world's most restrictive, presenting a dilemma between the risks and rewards of AI.

As AI continues to shape the tech industry, some Big Tech companies are reaping the benefits while others lag behind. Will profits from AI make these stocks more enticing?

Tech

In today's competitive world, personal branding is crucial for professional success. AI technology offers tools to enhance online presence, create engaging content, and build strong connections in personal branding strategies.

Google Ads is set to launch a conversions account level diagnostic tab, offering deeper insights into your measurement setup and allowing necessary changes for improved ad performance. Stay tuned for more details.

From transforming business operations to creating new markets, generative AI is sweeping through the business world at lightning speed. CEOs and leaders who embrace this technology will gain a competitive edge, while those who hesitate may find themselves left behind in "asteroid territory." It's time to seize the AI opportunity.

Curated for you

In the current digital landscape, safeguarding your online reputation is crucial. This article provides a strategic defense plan to protect your reputation from fake reviews and maintain your professional trajectory in the online world.

As CEOs face unprecedented challenges, productivity takes center stage in determining organizational progress. Leaders are leveraging strategies such as fostering collaboration, measuring effectiveness over efficiency, and adopting emerging technologies to drive productivity in 2024 and beyond.

In a recent interview with Master P, the entertainment mogul and entrepreneur shared his journey from poverty to success and the lessons he's learned along the way. From having a positive mindset to surrounding yourself with positive people, Master P's story is an inspiration to all aspiring entrepreneurs. Read on to discover the six lessons that Master P taught about entrepreneurship and how they can help you achieve your own success.

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