Deloitte | News | Economy

An overview of Deloitte news in Australia:

Generative AI to disrupt $600 billion in economic activity Generative AI, which allows users to easily create text, images, videos, and other media with minimal input, is set to disrupt a $600 billion cross-section of the Australian economy.
18 September 2023
Financial abuse costs victims and Australian economy $11 billion In a wide-ranging study commissioned by the Commonwealth Bank, researchers from Deloitte Access Economics have concluded a near $11 billion annual cost to victims of ‘financial abuse’ and the Austral
20 March 2022
Australia's economy poised to start bouncing back in 2021 As the Covid-19 tide gradually turns a corner towards recovery, Deloitte Access Economics has taken stock of Australia’s economy – forecasting a much brighter 2021 than originally feared.
19 January 2021
Drones can boost Australia's GDP by $15 billion over 20 years The drone economy is vibrant in itself, while also bringing myriad potential savings to other key sectors in Australia.
22 November 2020
Climate change a $3.4 trillion opportunity for Australia Inaction on climate change could cost the Australian economy $3.4 trillion in the lead up to 2070, while the right steps could add nearly $700 billion.
16 November 2020
Second Covid-19 wave can cost over $100 billion, warns Deloitte Experts at Deloitte Access Economics suggest that a second wave of infections in Australia could land a devastating blow of $100 billion to the economy, as fear of infection will subdue consumers and
07 July 2020
Eight recommendations for economic recovery in Australia The Covid-19 crisis might pan out in a number of ways for Australia’s economy, but a few objectives can remain constant irrespective of the final outcome.
14 June 2020
Employment in hard hit sectors will need years to recover A new report reveals that Covid-19’s impact on the job market is going to be severe.
27 May 2020
People and businesses to lose $60 billion in just months As the Covid-19-induced downturn continues to grapple the world, more and more is becoming clear on its devastating impact on the economy.
03 May 2020
Concern over AI outweighs confidence in its value for Australian businesses While businesses in Australia perceive investment in artificial intelligence (AI) to be remarkably urgent, a number of them appear not to be ready for the advent of AI technology, according to a new
27 May 2019
Lights out Down Under: an analysis of Sydney’s nighttime economy A report by Deloitte Access Economics, titled ‘Imagine Sydney: Play’ has analysed the potential of Sydney’s nighttime economy (NTE) and come up with striking numbers.
20 May 2019
Australia’s social progress falters after decade of political uncertainty Australia is one of the wealthiest countries in the world.
10 October 2018
Professional services grow to become one of Australia’s largest industry groups The Australian professional services industry has grown by 30% since the beginning of the decade to become the fourth largest industry group in the country.
24 July 2018
Australian millennials are losing faith in profit driven businesses The 2018 Deloitte Millennial Survey identifies several key attitudes that Australian millennials hold towards big business and also about the future in general.
07 June 2018

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