Three in four Aussie employers have a gender pay gap of more than 5%
Australia's gender pay gap has had its biggest single-year drop in almost a decade, but women are still earning much less than their male colleagues.
Barbers “in shock” after RBA governor says haircuts contributing to inflation
Fresh commentary from Reserve Bank of Australia governor Michelle Bullock has one barbershop founder "in shock", after she suggested lower spending at hairdressers and salons could help the fight against inflation.
Cost of living pressures see young people cut back on essentials
Spending by people aged 25 to 29 on must-haves, such as groceries and pharmaceuticals, fell 3.7% over the year to September, based on Commonwealth Bank payments data.
Cash may not be king, but the Optus outage shows it’s far from obsolete
A March 2021 RBA report found from March 2020 to February 2021, the value of banknotes in circulation rose 17.1% to $97.3 billion because people were holding onto money at home.
Why Australia’s lobbying code of conduct needs greater transparency
Compared to international lobbying registers, Australian registers provided little information. Only four jurisdictions (federal, Australian Capital Territory, Victoria and Queensland) provided information about whether a lobbyist had previously worked in government.
RBA lifts cash rate to 4.35%, in “make or break” call for SMEs
Interest rates look set to climb higher, after the Reserve Bank of Australia today decided to raise the official cash rate by 25 basis points to 4.35%.
SMEs remain optimistic despite turbulent economic conditions
SME leaders retain a confident and optimistic attitude while keeping an eagle eye on the economic outlook, which is a healthy position.
Pour decisions: China’s wine tariff review may not spell good news for the industry
Rather than being the sole source of the industry’s woes, the collapse of the China trade served only to exacerbate the chronic oversupply in the Australian industry.
Will the RBA lift rates on Melbourne Cup Day? Don’t bet on it
The prices quoted on the Australian Securities Exchange implied a 52% probability of an increase in the Reserve Bank cash rate next Tuesday and a 48% probability of no change.
Millennials lead the regional migration race, as NSW overtakes Queensland as top spot
New figures show regional migration was 11% higher than pre-pandemic levels, in part due to more than 90,000 job vacancies in country areas.
Cost of living pressures: 54% of retailers passing on costs to consumers
The ARA has found that Aussie retailers are under relentless pressure as shoppers limit their spending due to cost of living pressures.
What small businesses are doing to bust cost of living pressures
Fresh data showing inflation growth over the September quarter comes as no surprise to small businesses across Australia, which are torn between raising prices and laying off staff, or offering special deals to customers also struggling to keep up with the cost of living.
