Two in five Australian businesses expect to lift costs as inflation pressures bear down: ABS
The ABS says 38% of surveyed business believe they will significantly jack up prices in the next three months as inflation spikes.
Small business wages are outpacing national average as SMEs face rising cost pressures, report says
Wages paid by Australian small businesses grew 4.1% in April 2022 compared to April 2021, accounting software provider Xero says.
Worker shortages, inflation, and climate: Here are the key small business concerns as Labor takes power
Sensing the potential for a Labor shake-up in Canberra, small business organisations have expressed their key concerns.
Saul Eslake: If Labor wants to actually create a lasting difference, here’s how it should manage the economy
Labor has inherited an economy with a full head of steam, but one that is also is experiencing a sharp acceleration in inflation.
COSBOA election comparison gives Coalition the edge on energy and mental health, but supports Labor on merchant fees
The peak body for small businesses associations has ranked the major parties on 12 issues it considers vital to the small business sector.
“Backlog” of business insolvencies will only increase in months ahead, Creditorwatch says
Extremely low insolvency rates through the COVID-19 pandemic mean there is now a "backlog", Creditorwatch CEO Patrick Coghlan says.
Real wages are shrinking. Here’s the proof
The Wage Price Index is now showing the worst performance ever compared with the Consumer Price Index, providing concrete evidence that the buying power of wages is shrinking.
Are real wages falling or growing? Let’s look at the evidence
To get at the truth about wage movement, we need to appreciate that prices fluctuate more rapidly than wages do and that underlying economic forces drive the longer term growth in real wages.
How rising inflation and interest rates led to the crypto crash
The reasons behind the cryptocurrency 'bloodbath' show how the world is likely to be affected by higher inflation and interest rates.
Write-offs, wages and supply chains: Small business election priorities revealed
New data from Xero and ScotPac outlines the election priorities of small businesses as polling day approaches.
Housing industry backs Morrison government’s super withdrawal scheme amid affordability concerns
Prime Minister Scott Morrison said his government, if re-elected, would let first home-buyers withdraw up to 40% of their super.
Peter Strong: Why a minimum wage increase will not solve the inflation problem
Any pay rise will create increased costs for employers, who will pass that onto consumers. This will increase inflation and the cycle will continue.
