Posts tagged "rising cost of living"

Regional businesses were also more concerned about the rising costs of goods or services, with 73% in country areas registering their worries compared to 64% in the cities.

Senator Watt on Monday sent a stern warning to supermarkets to "not profit off hardworking Aussies" in the lead-up to Christmas.

The ARA has found that Aussie retailers are under relentless pressure as shoppers limit their spending due to cost of living pressures.

Fresh data showing inflation growth over the September quarter comes as no surprise to small businesses across Australia, which are torn between raising prices and laying off staff, or offering special deals to customers also struggling to keep up with the cost of living.

In terms of sales growth, Australia was the best-performing country compared to other XSBI countries New Zealand, the United Kingdom, the USA and Canada.

The Reserve Bank of Australia has been warning about slow productivity growth in the context of returning inflation to target in a timely matter.

Research shows spending on food will account for the largest share of spending in the Christmas lead-up, accounting for $26.7 billion.

A 0.2% lift in retail sales was recorded by the ABS in August following a stronger 0.5% uptick in July and a 0.8% fall in June.

Was the retail data released yesterday really bad enough to justify comparisons to the financial crisis?

The rising cost of doing business is attributed to wage pressures, the cost of goods and services, and cash flow management, the study highlighted.

Treasurer Jim Chalmers said a healthier budget would give the government more flexibility to respond to economic challenges in the future.

Content about the sorry state of renting in Australia is incredibly popular on the social media platform TikTok.