Exclusive: Small Business Minister Julie Collins on how SMEs can get the most out of budget 2023
SmartCompany was fortunate to discuss those policies with Small Business Minister Julie Collins in her first SME-focused interview since budget night.
Inflation has peaked, but interest rate rises are still likely
Inflation is likely to keep easing as both the “headline” and “trimmed mean” measures are heading in the right direction.
The AFR, a serial denier of profit-driven inflation, has raised its price by 25%
Those few people who duck into their newsagents and buy a copy of the AFR may have noticed the paper now costs $5, up from $4.50 in 2022, which had been increased after a long period of costing $4.
Jim Chalmers shoots down fears of wage-price spiral after unions call for 7% increase to the minimum wage
Australia's minimum wages should rise by a 7% to keep pace with inflation, the Australian Council of Trade Unions (ACTU) argues, as the Fair Work Commission (FWC) deliberates on how it should boost the earnings of roughly 2.6 million workers.
Nintendo takes long view on tech crisis, bumping employee pay by 10%
Nintendo Japan just posted disappointing financial results. But instead of cutting employees, it is offering raises. Here's why.
Cash rate hits 3.35% as RBA signals more hikes to come this year
The latest 0.25 percentage point rise adds $90 a month to a $600,000 variable mortgage.
Chalmers downplays cost-of-living relief measures in upcoming May budget
Jim Chalmers has outlined Labor's economic agenda for the new year, which will focus on providing cost-of-living relief — so long as it doesn’t add to inflation.
With inflation at 7.8%, another interest rate rise in February is all but guaranteed
Interest rates are almost certain to rise again in February, after the latest Consumer Price Index (CPI) figures showing inflation hit 7.8% in 2022 – its highest rate in 33 years.
Inflation is back at record highs. Here’s where prices are rising, and where some are dropping
Even as the full effects of 2022's rate rises are yet to be felt, it looks like we're heading towards even more in 2023.
Why house prices are continuing to fall as inflation rises in Australia
In recent years, housing became more expensive at a faster rate than essentially everything else. Is there more room for prices to drop?
Small business to benefit from government’s $3 billion power bill relief package
The federal government will provide up to $1.5 billion — to be matched by states and territories — for “targeted and temporary” relief on power bills for low and middle-income households and small businesses.
Why Australia’s high savings could push the RBA to continue hiking interest rates in 2023
Rising interest rates are meant to encourage saving. But our high savings buffer means we're still spending freely while inflation rises.