“Tumultuous economic conditions”: 91% of SMEs feeling the cost pinch
The rising cost of doing business is attributed to wage pressures, the cost of goods and services, and cash flow management, the study highlighted.
No extra cost of living relief but budget repair job is underway: Chalmers
Treasurer Jim Chalmers said a healthier budget would give the government more flexibility to respond to economic challenges in the future.
Why Australian renters are vlogging through the rental crisis on TikTok
Content about the sorry state of renting in Australia is incredibly popular on the social media platform TikTok.
Energy relief, JobSeeker and more put Labor’s cost-of-living package at $14 billion
More government plans to support households and businesses through the period of sky-high inflation will be unveiled in the budget on Tuesday night.
Four ways small and medium businesses can weather the cost of living storm
Australia is in the grips of the fastest increase to inflation rates in a generation. Weather conditions, supply chain disruptions, the continuing COVID-19 pandemic and international pressures are raising the cost of groceries, fuel and accommodation, while wages remain stubbornly stagnant.
John Durie: Retailers test how far they can push prices amid inflation before consumer behaviour changes
Cost-of-living increases are a key election issue but the reality is many manufacturers and retailers like some inflation.
Why the fuel excise cut won’t save you as much as Josh Frydenberg says it will
At a cost of about $3 billion, cutting 22 cents in tax from every litre of petrol for six months will disproportionately help wealthy households.
Uber and DiDi stick to fuel surcharges, even as excise is slashed
Uber and DiDi are not planning to remove or reduce temporary fuel surcharges, even after the federal budget cut costs by 22 cents per litre.
Fuel excise deadline a “trap” for government and business, Shippit CEO warns
Labor has warned the temporary discount on the fuel excise is a thinly laid "trap" that could snap in September, while Shippit CEO Rob Hango-Zada has warned businesses could be forced to pick up the tab.
Why the RBA will wait before raising interest rates, even as breakfast surges in price
The RBA sees inflation as an imported phenomenon and is waiting for wages to rise before it lifts rates ... but when will that happen?
The Reserve Bank won’t hike interest rates just yet. Here’s why
The inflation we’ve got this time is different, and failing to recognise that misreads the Reserve Bank's rationale for pushing up rates, and what it is likely to do.
The government is facing a cost-of-living crisis. Can the upcoming budget help alleviate some pressure?
With the cost of living in Australia soaring, economists say the government has few levers left to ease the blow of a crisis largely beyond its control.
