Tag: Australian Economy

Need a quick breakdown on how the Federal Government’s mid-year economic outlook will affect your business? Read on.

The Reserve Bank of Australia (RBA) has held the cash rate at 3.50 percent today, as inflation and growth remain close to trend for the second month in a row.

The Reserve Bank of Australia (RBA) left the cash rate unchanged following its meeting today, citing on-trend growth and inflation.

Consumer spending across the country is continuing to rise, but as businesses become more optimistic, experts are warning consumer confidence remains fragile.

Employment optimism is dwindling as are local job prospects, as a new survey reveals a decline in the number of businesses looking to hire employees for the next quarter.

The unemployment rate has risen by 0.2 percent, but labour force participation has reached new height, with more Australians in full-time work than ever before.

Despite business confidence continuing to fall as a result of weak consumer spending, half of SMBs remain optimistic about their ability to ride out the tough times, a new report has found.

The Reserve Bank of Australia (RBA) has cut the official cash rate by .25 basis points to 3.5 percent in its meeting today, citing a slowdown in growth as a key driver behind its decision.

Female SMB owners are feeling more positive about being in business than their male counterparts and are driving the uptake of social media for business, according to new research.

Unemployment has fallen to its lowest level in 12 months, dipping below 5 percent as a result of 15,500 additional jobs being added to the local economy.