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Economy

Mortgagor spending edges down

Government rebates have lessened the blow on the wallets of mortgage holders.

Greens call on Treasurer to cut interest rates

The Greens Party have urged Treasurer Jim Chalmers to use section 11 to cut interest rates.

Unemployment fears rise as rate expectations ease

Waning optimism for the economy is stoking fears of potential job losses, as evidenced by recent data.

High interest rates are ‘necessary’

The RBA’s governor has doubled down on the board’s decisions to lift interest rates, arguing its necessity to avoid a recession.

Economic climate impacting the mental health of over half of SME owners

A survey has revealed that economic pressures have contributed to a deterioration in mental health among the country’s small-business owners.

Brokers foresee business loan demand to increase

As cash flow pressures are poised to worsen for small businesses, commercial brokers are predicting a lift in working capital business loans.

Brokers reveal what’s ailing SME clients

Among ATO debts, cash flow issues, and higher materials and labour costs, brokers have shed light on the challenges facing small businesses and what they can do to help.

Brokers report shift in repayment concerns as cost of living bites

Cost-of-living pressures are becoming a more prevalent stressor for borrowers, a survey has revealed.

Aussie SMEs embrace non-bank lenders for investment

Small businesses looking towards non-banks for funding have spiked over the last decade, a report has shown.

Why rate reductions ‘may not’ help the RBA

The RBA still has a difficult job ahead of it and a rate cut may not alleviate any pressures, one commentator has said.

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