Is AI Coming for Canva? - ABC News & Headlines – Australian Broadcasting Corporation

Australian tech darling and design giant Canva has announced major job cuts.

Is this the story of big business becoming the victim of global AI expansion - or is there something else going on?

And the country has reacted to another interest rate rise from the Reserve Bank.

Yesterday borrowers learned their fate - "feeling poorer" for longer, and inflation staying up. 

So the morning after the night before, what do we need to understand about the future of the Australian economy in the eyes of the RBA?

Lin Lin and ABC chief business correspondent Ian Verrender break it all down on ABC Business Daily.

We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.

A Canva logo on a mobile phone sitting on a desk.