News, views and analysis from the A/NZ tech sector
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Hi there,
Yesterday’s figures from the Australian Bureau of Statistics, showing a record 992,000 Australians officially unemployed – despite 210,000 new jobs having been created last month – highlight the challenge ahead of us.
But while the unemployment might be soaring – Treasurer Josh Frydenberg said this week that the real unemployment rate is 13.3 percent, twice the ‘official’ figure – it appears that demand for skilled workers remains, with a Hays survey showing 35 percent of employers are actively hiring.
But there’s also a potential role for government in having more data-driven policy responses to unemployment, as highlighted in an SAP public policy paper. Utilising tech platforms and big data with better – different – data about the new, more diverse group of unemployed, could enable more individualised assistance and better marry jobseekers with industry needs, while stimulating the right employment opportunities in the right places, and at the right times.
In other news this week:
- (Ex)terminate: Clearview AI hits rough water with new investigations, termination
- Aussie Oovvuu’s big WordPress win to drive online video content
- Leading with digital loyalty
When you’re a not-for-profit, there can be extra challenges with finances. Enter dimensional accounting. We take a look at how it could help simplify the lives of your finance team while providing greater insight and helping build a compelling story for donors.
Enjoy the read,
Heather Wright
Editor
editor@istart.com.au
TECH RECRUITMENT
Recession be damned: There’s an IT hiring boom downunder
Despite the doom and gloom, there’s a big demand for skilled workers says Hays…
Recruitment company Hays’ new survey of 1100 employers shows that more than a third of them are actively hiring right now, with just 19 percent saying that a recruitment freeze is still in place in their business.
The appetite for new hires is expected to continue for at least the next 12 months.
[Read more]
ECONOMY
Getting A/NZ back to business with data and tech
Can we do it? Yes we can, says SAP…
Good data, and an agile, data-based approach to government, will be key to getting NZ and Australia back up and running and out of the Covid crisis.
“Even a modest one to two percent reduction could translate into billions of dollars of savings.”
[Read more]
FACIAL RECOGNITION
Privacy watchdogs lining up against Clearview AI
Tech subterfuge and the dark arts of biometric algorithms…
Clearview AI’s future is becoming increasingly murky as the controversial AI facial recognition-for-cops system becomes mired in new investigations.
The investigation will focus on Clearview’s use of scraped data and biometrics.
[Read more]
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VIDEO
Oovvuu strikes it big with WordPress
Media-tech start-up brings better video to website giant…
Oovvuu has been named a WordPress VIP Feature Technology Partner, in a deal that will see the Aussie company’s technology integrated into some of the world’s biggest news websites.
“The future of news-telling will be video-led, but given recent scandals, it’s unlikely that will be built by Facebook or Google.”
DIGITAL LOYALTY
Digital loyalty a ‘prized differentiator’ in post-Covid retail
A/NZ privacy concerns not stifling digital growth…
Digital loyalty is becoming a prized differentiator for retailers, particularly bricks and mortar outlets struggling to recover from lockdowns and an increased move to online sales.
“Although people have become more wary of sharing personal information to receive rewards, there has to be give and take.”
CLIENT INSIGHT
Dimensional accounting can convince donors and support your not-for-profit mission
Running a not-for-profit organisation is certainly no picnic…
You’ve got the challenges for-profit businesses to deal with, such as increasing revenue, consolidating across multiple entities, budgeting, implementing internal controls, and facilitating audits.
You can create contextually rich reporting that includes critical outcome and performance metrics.
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