Thursday, February 9, 2023

Australian businesses are expecting their teams to do more with less

0
Smartsheet, the global enterprise platform for modern work management, released its inaugural annual Future of Work Management Report which surveyed thousands of Australian employees about project and process management at their workplaces. According to its findings, the majority of project management teams in Australia are feeling rising pressure to do more but within tight deadlines and without the support of dedicated resources. 

Only 27% of Australian property investors are female, PIPA says

0
New research has highlighted the disparity between property investor genders with 27% of women indicating they own investment property. The 2022 PIPA Annual Investor Sentiment Survey asked survey respondents for their gender for the first time in its eight-year history.  The co-authors of the 2022 Australian personal finance and investment business book of the year, The Female Investor: Creating Wealth, Security & Freedom Through Property, Nicola McDougall and Kate Hill, said lower rates was another financial headwind women faced.

Nearly half of SMEs will focus on growth in 2023 despite recession

0
From bushfires, floods, lockdowns, inflation and labour shortage, Aussie businesses have faced unprecedented challenges in recent years. In 2022, Australia also recorded the largest quarterly rise to the cost-of-living index since the September 2000, with many economists predicting a recession for Australia in 2023. Despite these obstacles, new research reveals that half (48%) of SMEs are looking to expand this year, despite the risk of recession.

Similarweb’s report reveals Australia’s fastest growing online brands in 2022

0
With its annual Digital 100 ranking for 2022, Similarweb is recognising 10 top-performing digital domains from 10 categories, ranked by growth. This year’s winners include a range of services from robot vacuum cleaners to designer fashion and online car dealerships. This ranking is based on traffic from Australian desktop and mobile web internet users, focusing on digital domains that were active throughout 2021 and averaged at least 100,000 monthly visits in 2022. Parallel reports for the United States, UK, Germany, France, and Japan, are also being released, and separate reports for additional countries will follow.

Most Aussies believe immigration boost will benefit the economy

0
The Federal Govt is planning its 2023-24 Migration Program, and has sought submissions from the public on the ideal size and composition of its intake from July. Research reveals that 84% of Aussies support this year’s boost in immigration numbers, largely due to the economic benefits. Since the program, job vacancies in Australia have dropped from 480,000 in May – more than double the 277,000 vacancies in Feb. 2020 – to 444,200 in Nov. 2022.

Smartsheet’s report uncovers new truths about project management

0
Smartsheet, the enterprise platform for modern work management, released its inaugural annual Future of Work Management Report. The organisation surveyed thousands of Australian employees about project and process management at their workplaces. The report found that over 4 in 5 Aussies (83%) say projects at their firm are sometimes, often or always managed by people who do not have a formal project management title or role, which has created “citizen project managers'' who are stepping up to fill the gap.

Businesses respond to inflation with investment in tech transformation

0
Financial decision-makers across regions are investing in automation (37%) and supply chain tech (37%) as businesses respond to inflation and lingering concerns about a recession, according to research from Taulia, the working capital management solutions provider. The survey, which was carried out amongst more than 500 senior financial decisions-makers in the United States, the UK, Germany and Singapore found that businesses in Singapore and the U.S. are more likely to invest in technology and infrastructure than undertake cost-cutting measures, such as seeking cheaper suppliers, reducing staff expenses, and working more efficiently with raw materials and energy, as economic uncertainty continues.

About 44,500 new aircraft will be delivered over the next 20 years

0
The new Cirium Fleet Forecast reveals demand for approximately 44,500 new aircraft globally over the next two decades, worth $2.9 trillion. The Cirium Fleet Forecast is published by Ascend by Cirium, the consultancy arm of aviation analytics firm Cirium, is an independent outlook of the global passenger and freighter market for the next 20 years.

Air ambulance and air taxis are the biggest eVTOL growth markets

0
Air passenger taxis, air ambulance and cargo transport are seen as the three areas of the eVTOL market that will see the biggest growth over the next five years. This is according to new research from Horizon Aircraft (Horizon), an innovative player in hybrid electric Vertical Take-off and Landing (VTOL) aerial vehicles, with private equity and venture capital experts.

Exercise has the power to sharpen even the brightest minds, ASICS says

0
ASICS reveals exercise can significantly improve cognitive function and advance mental performance.​ From boosting short-term memory to increasing concentration levels, exercise enhances brain power and could be the solution to helping us pass exams or excel at work. In a unique experiment, ASICS invited competitive gamers specialising in mind games such as Chess and Esports and who rely on their cognitive function, to start an exercise programme.