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Retail sales increase 3.1 per cent in August
According to the Australian Bureau of Statistics, retail turnover increased 3.1 per cent year over year to $36.48 billio...
Retailers say they are at risk as RBA keeps interest rates on hold
RBA Governor Michele Bullock said that the central bank maintained the current rates as inflation has significantly decl...
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...
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...
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...