Overall operating profit before tax by 38.6 per cent. Australia’s mutual banks, building societies and credit unions (the ‘mutuals’) increased overall operating profit before tax by 38.6 per cent to $685.0m in the 2021 financial year, with total assets up 7.4 per cent to $148.2b. The renewed growth by the…
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Reimagining banking. Bendigo and Adelaide Bank, Australia’s better big bank, today provided a detailed market briefing on its digital transformation strategy, including the acquisition of Melbourne-based fintech, Ferocia. Driven by changing customer behaviours and expectations, the Bank told investors how it was positioning itself through growth and transformation to deliver…
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Decrease of off-campus classroom training will lead to students use more endpoints to learn online. Since the outbreak of the COVID-19 pandemic, the demands for K-12 PCs have become increasingly strong for supporting K-12 children to learn and grow. In July 2021, the Ministry of Education, China, issued the policy…
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Streamlining work and maximise connections. One of the big wins for Victoria-based aged care provider BlueCross during the pandemic lockdowns, was its ability to keep residents and families connected. Mobile devices and Microsoft Teams meant residents were literally able to hold their family in their hands and talk to them.…
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Promoting inclusivity and sustainability. Property executives Matt Berg and Dan McLennan have joined forces in a venture with Macquarie Asset Management to launch Local, a new build-to-rent platform designed to create positive change in the Australian housing market, incorporating impact housing and targeting zero carbon emissions. Local is focussed on…
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Enhancementswill extend benefits of digital economy throughout the country and establish Malaysia as the region’s preferred Digital Nomad Hub. Malaysia Digital Economy Corporation (MDEC), Malaysia’s lead digital economy agency, is set to revamp and rebrand the MSC Malaysia initiative as it marks its 25th anniversary this year. The new and improved…
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Explorig how I&O builds resilient systems and teams. In a world where constant change is becoming routine, Gartner said that infrastructure and operations (I&O) leaders must shift their traditional focus from efficiency to one of adaptive resilience. “I&O leaders must re-imagine how they manage their talent, their platforms and operations,…
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Businesses expected to benefit from the guide rolled out by Enterprise Singapore and IMDA. About 2,700 businesses and 101,000 employees can now tap the Precision Engineering Industry Digital Plan (IDP) to drive productivity and transform through digitalisation. Jointly led by Enterprise Singapore (ESG) and the Infocomm Media Development Authority (IMDA), in partnership with…
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Sustainability, digitisation, and eCommerce top priorities. As the COVID-19 pandemic continues to disrupt and challenge global supply chains, new research shows that Australian businesses are directing their focus to sustainability, digitisation and preparing for a permanent world of eCommerce. According to Australia’s first Supply Chain Leaders Sentiment Report, produced as supply…
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Driven by adoption of remote working strategy by enterprises considering the second wave of COVID-19. The total addressable market size of the enterprise mobility in Australia, in terms of spending opportunity, is set to reach $US1.4bn in 2025 with enterprises proactively allowing employees to use mobile devices for remote work…
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