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Economy

High interest rates are ‘necessary’
9 September 2024

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
9 September 2024

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
6 September 2024

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
5 September 2024

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
4 September 2024

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

Aussie SMEs embrace non-bank lenders for investment
3 September 2024

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
30 August 2024

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

Monthly inflation dips following government rebates roll-out
29 August 2024

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

Stage 3 tax cuts driving lowered mortgage stress levels
29 August 2024

The share of mortgagors at risk of stress has declined from its staggering heights following the implementation of the government’s tax cuts.

SMEs unwavering in investment opportunities amid economic headwinds
27 August 2024

A survey has shown that small-business owners remain steadfast in their investment intentions despite challenging conditions.