High coal and gas costs have Australians paying the price for decarbonising too slowly
Energy exporters are enjoying windfall profits, while households are getting belted by surging energy prices and stagnant wages. Our options are limited — but there are some available.
Small business wages are outpacing national average as SMEs face rising cost pressures, report says
Wages paid by Australian small businesses grew 4.1% in April 2022 compared to April 2021, accounting software provider Xero says.
Australia’s unemployment rate officially begins with a ‘3’. What now?’
Thursday’s figure for the month of April has broken the 4% barrier, with unemployment in Australia officially sitting at 3.9%.
The housing market continues to hold Australia’s economy hostage, and the major parties are letting it happen
The politics of Morrison's super-for-homes announcement are obvious and desperate. But what of the economics of this ongoing obsession with the housing market?
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.
Is your bank balance safe? Hacker threats have banks shoring up their defence, but it might not be enough
Hackers have been attacking “systemically important financial institutions” in Australia, revealing weaknesses the RBA says could risk the "integrity and stability of Australian financial institutions”.
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.
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.
John Durie: Banks could raise interest rates faster than RBA, as small business confidence expected to slump
The message has come loud and clear that more rate hikes are coming, and history says the banks will raise rates at a faster rate than the Reserve Bank to cover wholesale funding costs.
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.
