A small business owner’s tips for tackling rising inflation
"You should strongly consider matching your team’s salaries with inflation every quarter, without the need for government or union intervention," writes small business owner Avi Efrat.
Election 2022: Albanese promises employment summit to improve wages and productivity
Albanese says a summit is needed to work out how best to improve outcomes for both employers and employees.
By the numbers: How Albanese’s wages plan would affect jobs, inflation and poverty
Anthony Albanese wants a 5.1% lift in the minimum wage — but how would that affect the economy?
A 5.1% minimum wage hike would have a “huge impact” on small businesses, COSBOA says
Opposition Leader Anthony Albanese says his party would support a 5.1% lift to the minimum wage to keep pace with the cost of living.
Global inflation is likely to stick around, RBA says, as wages and business lending come to the fore
Global inflation is "high and is likely to remain so for a while", but the outlook for domestic investment and wage growth remain somewhat positive.
Five measures SMEs can take to mitigate the effects of inflation
For SMEs that have weathered the pandemic and are trying to get back into growth mode, inflation couldn’t come at a worse time.
Household saving buffers likely to support retailers, even as inflation and interest rates crack down on record spending
Australian retail industry associations say interest rate hikes and rising inflation could flatten expenditure in the months ahead.
Small business needs to know how politicians will address cost-of-living pressures, says COSBOA CEO Alexi Boyd
"What we’re not hearing enough of is what our politicians will do to manage the impact of inflation and interest rates on small business owners," writes COSBOA CEO Alexi Boyd.
Act early, but don’t panic yet: How small businesses should respond to the first interest rate hike since 2010
With interest rates on the rise, experts say small businesses should get ahead of further increases without panicking over the first hike.
How the RBA being too aggressive on interest rates could cause a recession
Australia's latest burst of inflation is weird, and resistant to rate hikes. If the RBA isn’t careful, too many more rate hikes like this might help bring on a recession.
‘The right time’: RBA hikes cash rate target to 0.35%, ending record low interest rates to combat rising inflation
The Reserve Bank of Australia will lift its cash rate target by 25 basis points to 0.35%, marking its first rate hike in more than a decade.
The market is 50/50 on an interest rate hike, CommSec says, as small businesses borrowers await today’s news
Mainstream economists and the big banks are largely convinced the Reserve Bank of Australia will lift the cash rate for the first time in more than a decade.
