Economy

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

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

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

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

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

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.

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

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

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

The introduction of government rebates has resulted in the monthly CPI to decline year on year.