John Durie: Banks could raise interest rates faster than RBA, as small business confidence expected to slump
The message has come loud and clear that more rate hikes are coming, and history says the banks will raise rates at a faster rate than the Reserve Bank to cover wholesale funding costs.
Act early, but don’t panic yet: How small businesses should respond to the first interest rate hike since 2010
With interest rates on the rise, experts say small businesses should get ahead of further increases without panicking over the first hike.
Four in five skilled migrants’ qualifications are not recognised for work in Australia: Research
The new research into culturally and linguistically diverse workers was conducted by Australian employment services provider MAX Solutions and not-for-profit HOST International.
How the RBA being too aggressive on interest rates could cause a recession
Australia's latest burst of inflation is weird, and resistant to rate hikes. If the RBA isn’t careful, too many more rate hikes like this might help bring on a recession.
What’s in the 2022 Victorian budget for small businesses?
The 2022 Victorian budget includes a number of new spending measures for small business, alongside major investments in health and infrastructure.
‘The right time’: RBA hikes cash rate target to 0.35%, ending record low interest rates to combat rising inflation
The Reserve Bank of Australia will lift its cash rate target by 25 basis points to 0.35%, marking its first rate hike in more than a decade.
The market is 50/50 on an interest rate hike, CommSec says, as small businesses borrowers await today’s news
Mainstream economists and the big banks are largely convinced the Reserve Bank of Australia will lift the cash rate for the first time in more than a decade.
Why the RBA still might hold off on raising interest rates despite rising inflation
Will the Reserve Bank of Australia raise interest rates today? The market is not quite as sure as a week ago.
Insolvencies climb as the ATO ups the pressure on directors
New figures released this week show the number of companies entering external administration in March climbed to 463, a 30% jump on February and nearly 80% higher than January.
Sydney-based Next the latest builder to enter voluntary administration as price pressures reach record highs
Sydney construction firm Next has reportedly entered voluntary administration, as its owner seeks a deal with creditors to avoid total collapse.
“No one seems to listen”: Urgent support needed to solve worker shortage, hospitality and small business leaders say
Australia’s skills shortage is continuing to hurt small businesses, despite international borders reopening more than two months ago.
Election 2022: Morrison, Joyce push plan to create 450,000 jobs in regional Australia
Deputy Prime Minister Barnaby Joyce said the government’s plans were designed to make the regions “an even better place to live and work”.