News
Weekly Digest – 18 December 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Chalmers skirts budget deficit question Jim Chalmers declined to directly answer whether a total of forecasted $122.1bn in deficits will increase in the mid-year budget update set to be released on Wednesday. Appearing on […]
Weekly Digest – 11 December 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Australia’s economy growing at slowest pace in decades, propped up by government spending Household spending did not pick up in the September quarter in the way economists were hoping. Australia’s economy recorded its weakest […]
Weekly Digest – 04 December 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Small-business complaints to AFCA on the rise The number of complaints raised by small businesses to the Australian Financial Complaints Authority (AFCA) reached a record high in 2023-24, the agency reported. Small businesses took […]
Weekly Digest – 27 November 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. What the RBA is really looking at when it sets interest rates Eight times a year, the Reserve Bank meets to decide whether to raise, hold or cut interest rates. The decision impacts the 3.2 million Australians […]
Weekly Digest – 20 November 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Is this employment data a sign we are nearing the end of the great resignation? New data on the Australian workforce could suggest the great resignation may be winding down, at least here in […]
Weekly Digest – 13 November 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Australia ‘not immune from trade tensions’, Chalmers says Australia’s economy will not be immune from escalating trade tensions, Jim Chalmers has warned, as the Albanese government prepares itself for an incoming Donald Trump administration. In […]
Weekly Digest – 06 November 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Australia inflation slows but sticky core to push RBA cut to 2025 Australian consumer price inflation slowed to a 3.5 year low in the third quarter, though the core measure was still sticky and […]
Weekly Digest – 30 October 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. How Australia’s housing market compares to the rest of the world Australia lags behind much of the world when it comes to home ownership, and households are taking on far more debt to buy a house […]
Weekly Digest – 23 October 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. ‘Every chance’: Massive rates prediction A number of telltale signs have emerged indicating the Reserve Bank is planning a major, surprising pivot within a few short weeks. Global payment processors issue warning to RBA […]
Weekly Digest – 16 October 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Hiring new employees for the festive season? As the festive season approaches, you may be thinking of hiring new employees to help with your business. Here are some key things to remember when it […]
Weekly Digest – 9 October 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Banks ordered to refund millions of Aussies Nearly two million Aussies could soon receive hundreds of dollars after multiple major banks were ordered to issue more than $28m in refunds. A report by ASIC […]
Weekly Digest -02 October 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Survey reveals Australian CEOs confident of economic improvement KPMG CEO Andrew Yates has revealed some of the big economic pressures that chief executives are currently feeling at the moment. Mr Yates joined Sky News […]
Weekly Digest – 25 September 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Leading Australian economists tip interest cut rate in February Leading Australian economists say the RBA will deliver a gift to cash-strapped households in February, but one key player is holding firm on a rate […]
Weekly Digest – 18 September 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Roy Morgan Business Confidence jumps due to increased confidence about the economy In August 2024, Roy Morgan Business Confidence was 101.3 (up 6.2pts since July 2024) due to increasing confidence from businesses about the […]
Weekly Digest – 11 September 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Despite all the doom and gloom on Australia’s economy, could the worst be behind us? We hear about the ‘weakest growth in decades’ and being ‘smashed’ by the RBA, but positive tidings abound – […]
Weekly Digest – 04 September 2024
Welcome to our Weekly Digest – stay in the know with recent news updates relevant to business and the economy. How Australian spending habits are weathering the high cost of living Many Australian businesses are feeling the pinch as customers can no longer afford the armchairs, gadgets, clothing brands and new bathrooms they could before […]
Weekly Digest – 28 August 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Business confidence nudges up across Australia The Roy Morgan Business Confidence index was 95.1 in July 2024, up 3.6 points from a month ago and up 7.6 points from the same month last year. […]
Weekly Digest – 21 August 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Conflicting data: Is wage growth cooling down or heating up? While the official ABS data showed the Wage Price Index (WPI) rose 0.8% in June quarter 2024, and 4.1% for the year, the reality […]
Weekly Digest – 13 August 2024
Welcome to our Weekly Digest – stay in the know with recent news updates relevant to business and the economy. Australian shares follow Wall Street’s lead after jobs data calms recession fears A week after US jobs data sent global financial markets into a panic, a strong rally on Wall Street has seen the S&P […]
Weekly Digest – 07 August 2024
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. Hope for homeowners as RBA tipped to slash interest rates by Christmas The Reserve Bank of Australia (RBA) is tipped to keep interest rates on hold next week, but hard-pressed mortgage holders should expect […]