As interest rates rise, here are proactive steps your business can take to improve the situation
The action your business should take in response to increasing interest rates depends on whether you have cash or debt.
An extra 60,600 Australians found work in May, so why have wages barely lifted?
Australia has now managed to keep a rate of unemployment below 4% for three consecutive months. If things are so good, why is wage growth so low?
Why the RBA won’t continue to raise rates at the level the market expects
The RBA, in a nod to homeowners concerned about continual rate hikes, said it expected inflation to climb just a bit more before declining back towards its target next year.
RBA hikes cash rate by 50 basis points, Chalmers flags “cost of living package” in October budget
The Reserve Bank of Australia has increased the cash rate by 50 basis points, bringing it up to 85 basis points or 0.85%.
RBA tipped to increase cash rate tomorrow by 0.25%
While some market economists are forecasting a 40 basis point increase, most are expecting a 0.25% increase to the cash rate from the Reserve Bank tomorrow.
Why the Stage 3 tax cut won’t benefit everyone, and work against the RBA’s measures to counter inflation
The Reserve Bank is pushing up interest rates to take money out of our hands, so why is the government scheduled to do the opposite?
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.
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.
Inflation is now at 5.1%, so when will the Reserve Bank raise mortgage rates?
With the RBA cash rate at an all-time low, and an increasing risk that the current inflation will become embedded in expectations, an increase in rates is a matter of “when” not “if”.
Adam Schwab: It’s past time Australia raised interest rates, or risk inflation-caused economic chaos
"In Australia, a supposedly conservative government created JobKeeper to ostensibly help low paid workers — in reality it was a direct transfer of wealth to business owners," writes Adam Schwab.