Government procurement rigged against SMEs, says ombudsman

Australia’s dream of a thriving small business sector is being hampered by a government procurement system stacked against them, according to a scathing new report by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO).  The report paints a grim picture, revealing a system riddled with risk aversion that discourages small businesses from even attempting to compete…

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Overwhelmed entrepreneur? AI can be your secret weapon for mental wellbeing 

Over half of small business owners have experienced poor mental health, confessing that running their own business has jeopardised their wellbeing.  However, harnessing AI effectively can significantly alleviate stress, and yield substantial time and cost savings for business owners, with a recent AIPRM survey revealing that one in eight US businesses have saved between $1,000 and $5,000 by replacing simple…

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ACTU pushes for clearer rules on disconnecting after work

Key Points: ACTU proposes stronger right-to-disconnect clauses in workplace awards. Right to disconnect allows employees to refuse after-hours work communication. The Australian Council of Trade Unions (ACTU) is stepping up its fight to solidify the right to disconnect for workers. They submitted a proposal to the Fair Work Commission advocating for stricter regulations within workplace…

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Productivity soars in sectors of global economy most exposed to AI, says report

Artificial intelligence (AI), Global economy, Productivity, PwC, Business, Technology sector, Technology, UK news, World news, Economics, ChatGPT Business | The Guardian ​Employers in UK, one of 15 countries studied, willing to pay 14% wage premium for jobs requiring AI skillsThe sectors of the global economy most heavily exposed to artificial intelligence (AI) are witnessing a marked…

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