Tag: Inflation

In a survey by Money.com, 44 per cent of respondents if they are less motivated to accumulate wealth in the present economy.

According to data released by the ABS today, Australia’s CPI movement to 7.3 per cent is the highest annual rate since 1990.

Many shoppers are continuing to prioritise brands that are environmentally and socially responsible, regardless of tightened spending.

According to the latest CreditorWatch Business Risk Index, the risk of default over the next 12 months has grown in all regions across Australia with 5000 or more registered businesses, except for New South Wales’ Lower Hunter and Wyong districts.

In order to reduce the cost of living pressures, businesses are now including inflation in their compensation budgets, according to new independent research.

Retailers are being urged to get ready for the upcoming Christmas rush, as two-thirds of shoppers plan to purchase gifts months before the holidays.

Amid growing inflationary pressures and cost-of-living concerns, the RBA has lifted its benchmark interest rate once again by 50 basis points.

As per Australian Bureau of Statistics data released today, wages have climbed to 2.6 per cent, still far below inflation of 6.1 per cent.

A new survey has found that nearly all business leaders are increasing their salary budget this financial year to accommodate rising costs.

A recent report has revealed over 80 per cent of businesses have a positive outlook for the Australian economy over the next 12 months.