Tags Economic Growth

Tag: Economic Growth

Five Australian startups to follow in 2020 H2

With the ongoing uncertainty caused by COVID-19, 2020 is shaping up to be one of the worst years on record economically, and Australian startups...

RBA cuts again to take cash rate to 1%

The Reserve Bank of Australia has cut the cash rate to a fresh record low of 1.0 per cent, reducing the cost of borrowing...

An entrepreneurial goldmine: the tide changes on sharing economy services from ‘taboo’ business model to part of the economic fabric

It has been estimated that as many as 45,000 people in NSW have earned income through the sharing economy over the last 12 months...

Spending growth at highest level in six years

Consumer confidence is on the rise, with spending rising for the third straight month in May, according to the latest Commonwealth Bank Business Sales Indicator (BSI).

RBA slashes cash rate to 2.75 percent

The Reserve Bank today announced a cut of 25 basis points to lower the cash rate to 2.75 percent.

Interest rates on hold

The Reserve Bank of Australia (RBA) announced that the cash rate would remain at 3.0 percent earlier today.

Our business forecast for 2013

Australia's economic conditions are predicted by some to take a downward turn in 2013, meaning employers large and small are growing anxious about an economic slump and the potential for China’s growth to go into reverse.

Spending up a solid 2.5 percent in June

Economy-wide spending enjoyed a solid gain in June, according to the latest Commonwealth Bank Business Sales Indicator (BSI), suggesting consumers are slowly becoming less tentative about parting with their cash.

Spending growth is slowing, according to key indicator

Spending rose across the economy in April, according to the latest Commonwealth Bank Business Sales Indicator (BSI), though it appears business sales growth may be slowing as a result of declining consumer confidence.

Global uncertainty drags WA’s economic growth targets down

Although Western Australia continues to record strong economic growth, economic uncertainty and small business pain has seen the Chamber of Commerce and Industry (CCI) revise down economic growth forecasts for the current financial year.

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Why is Australia seeing fewer female CEOs?

Fewer women are running the country’s top 200 ASX-listed companies in 2020 compared to the last four years, according to the Chief...

Coronanomics – What we’ve learnt about the economics of COVID-19

If trade bought prosperity to all corners of the world, then COVID-19 is showing the dark side of an interdependent world.

Should you incorporate an AI strategy into your business?

With both government and companies eagerly adopting artificial intelligence (AI) strategies, we explore how AI could also streamline and scale your business....

‘A 10,000 per cent increase in page views in 2 weeks’: how to scale up in a crisis

As a telehealth provider, Coviu experienced a sudden surge in customer demand during the pandemic. Their website saw a 10,000 per cent...

Unemployment rate drops, defying forecasts

Official ABS figures released today show that the unemployment rate has fallen to 6.8 per cent in August, down from 7.5 per...

Qantas disrupts financial services industry with SME business loans

Qantas will start referring business frequent flyers to lending platform Valiant Finance. This partnership helps Qantas members access working capital, asset finance...

Employees willing to salary sacrifice for flexible working: Research

Research from payroll and HR software solutions provider, Ascender, shows that more than one in three (37 per cent) of Australians are...

Let’s Talk: The Right Reasons

A strong story behind a business's inception can have a powerful effect on customers. Customers may identify with a founder's back story...