interest rates

interest rates Archives

SME revenue weakens as interest rate speculation intensifies

Despite the noted decline in revenue, 59 per cent of SMEs reported a profit which is notably higher than in the previoua...
business confidence declining

SME profits decline in the face of rising inflation and interest rate concerns

There is a noted increase in SMEs' concerns regarding inflation and interest rates, amidst apprehension that rate relief...

Small-business owners making sacrifices to cope with rising costs

A third of SMEs report that their revenue is down compared to a year ago, with 38 per cent of them citing challenging ec...

Interest-rate rise killed Australian retail sales growth in November

November is traditionally the strongest month for retail, but the NRA say that the Melbourne Cup Day interest-rate rise ...

RBA urged to hold tight on interest rate hikes as wage growth flattens

The Index's data suggests that the Healthcare sector still bearing the brunt of talent shortages, causing wages to grow ...

Rising interest rates tempering SME outlook

Over half of SMEs say they expect the Australian economy to weaken over the next three months and only 20 per cent are a...

Australian retail sales witness modest growth in September

ABS data revealed that cafes, restaurants, and takeaway sales rose 6.1 per cent to $5.45 billion while food sales jumped...
held back

Positive SME sentiment held back by rising interest rates and energy costs

87 per cent of SMEs are concerned about rising interest rates and 83 per cent about energy costs, while 67 per cent expe...

Sigh of relief as RBA holds interest rates

National Retail Association CEO, Greg Griffith, welcomed RBA's decision adding it allows the retail sector to make use o...

“Wake up and change direction” retailers tell Reserve Bank

RBA governor Philip Lowe expressed concern that high inflation for services will persist due to rising wages and very lo...