Op-ed

Workplaces are full of bad managers due to the labour shortage impacting businesses across Australia – and they are having a disastrous effect on workplaces, productivity and morale. Want to know why people don’t want to come back to the office, because workplaces are full of bad managers. For the last 12 to 18 months especially, businesses have been severely impacted by the labour shortage affecting economies all over the world including Australia.

Prepare for the upcoming wave of Gen Z travelers as their purchasing power grows. Developing appropriate strategies and offerings tailored to their unique preferences is crucial to target this emerging group of travelers effectively. To tap into their demand, travel brands must explore the values, psychology, and behavioral patterns specific to this generation. While Gen Z travelers are often compared to millennials, they possess distinct characteristics.

The latest effort by private health insurance organisations to justify their push towards vertical integration is a distraction from the real work of health care reform that will help patients. According to the recently released Private Healthcare Australia’s (PHA) report, Aussie private hospitals welcomed health insurance companies’ new desire to fund out-of-hospital care, but experience shows they can currently do this, they just choose not to.

The Federal Government’s tax amnesty for Australian small businesses comes at the right time as new data shows a 25% increase in insolvencies already this financial year. As earlier announced in the federal budget, the Australian Tax Office (ATO) has pledged to scrap failure-to-lodge penalties for some small businesses with an annual turnover of less than $10million.

The fourth and final season of HBO’s hit series, Succession, has drawn to a close. Captivating audiences with its drama and pithy one-liners, this season reveals who will succeed Logan Roy at the Waystar Royco media conglomerate. Set against a backdrop of mansions, private jets and yachts, this conniving family couldn’t feel further from the everyday Aussie reality.

The real estate industry is adopting PropTech to streamline a range of property management processes. PropTech solutions can help provide improved oversight over available properties, making it easier for developers to track their portfolios and monitor market conditions.

In an ever-evolving world, businesses must stay relevant, competitive, and showcase their growth through adaptability and innovation. Undergoing a brand refresh is a powerful way to signal commitment and differentiate from competitors, fostering stronger brand recognition. In the travel industry, where tech and consumer preferences constantly evolve, adapting quickly is vital. With the industry serving as a barometer of societal change, reflecting consumer needs, businesses have even more reason to undergo agile transformations.

In the post-pandemic cloud/ESG-first era, data centres are power hungry lynchpins that need hyper efficiency to keep the world churning. In the past few years, Australia, and the world, weathered the storm of lockdowns, rushed digital transformation, and shifts to hybrid-working due to the scalability of data centres to support skyrocketing levels of cloudification.

Financial volatility is nothing new. That said, Australian banks and insurance companies will weather the economic storm of 2023 just as they did following the 2007-2008 global financial crisis, the early 1990s recession and previous financial turmoil. One thing that remains constant is the financial services sector keeps moving forward, particularly as tech advances and consumer behaviours change. Even during this economic environment, there are 5 emerging trends across Australia’s banking and insurance sectors. 

With Australian businesses increasingly under pressure to increase productivity, cut costs and drive growth in the face of economic hardships, many are adopting a ‘small business’ mindset to survive and thrive. More than ever, office scalability and flexibility is now the core focus of many businesses wanting to achieve efficiencies, grow sales and increase profitability.