Economy

The seasonally adjusted balance on goods and services surplus decreased to $7.46b in February.

RBA decided to keep the official cash rate – the rate banks pay to lend to and borrow from one another – at 0.1 per cent.

India and Australia signed an interim free trade agreement with the goal of increasing bilateral trade in five years.

Australian small businesses achieved the lowest growth rate in the Asia-Pacific in 2021

More of New Zealand’s SMEs shrank in 2021 than grew primarily due to the pandemic

Despite Omicron disruptions in the past few months, Australia’s unemployment figures in February 2022 have dropped to a 13-year low at 4 per cent.

At one of the most anticipated Reserve Bank Board meetings in history, the bank announced it wouldn’t be tapping the brakes yet. 

U.S. central bank, the Federal Reserve, has decided to maintain its interest rate at the current record low. For now.

A policy analogy describes the nation as a farm. The RBA is in charge of irrigation on this farm. What happens when they turn the water off?

December 2021 saw a surprise drop in job ad numbers in Australia, with 3.2 per cent fewer ads than in November.

Inflation in the US has hit a 40 year high. But, where is inflation coming from, and what does it mean for the US economy? 

Despite government-ordered lockdowns being lifted nationwide, data from ANZ bank shows Australia is in the midst of a self-imposed lockdown.

With job listings at a record high and the labour market tightening by the day, there is still cause for economic optimism in 2022. 

As the country faces simultaneous reports of labour shortages, job shortages and inflationary pressure, what will wages look like in 2022? 

Will U.S style inflation reach Australia’s shores? How inflation impacts businesses and how SMEs can prepare.

A weakened Australian Dollar may spell bad news for Australia’s economic recovery.

The central forecast is for underlying inflation to reach 2.5 per cent over 2023.

ABS data shows company profits have grown by 4 per cent, doubling the market expectation. Meanwhile, wages and inventory have fallen.

The U.S records worst inflation in more than three decades. Is Australia next?

The RBA board has decided to keep the official cash rate at 0.1 percent as it expects the economy to recover swiftly.