RBA raises the cash rate by 50 basis points, reaching a seven-year-high
Amid growing inflationary pressures and cost-of-living concerns, the RBA has lifted its benchmark interest rate once again by 50 basis points.
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.
Female business owners offer advice on building their own strength, being adaptable, and surviving in business.
RBA Governor Philip Lowe has not ruled out further interest rate increases in coming months to quell inflation.
New data by the Australian Bureau of Statistics reveals the inflation rate has increased to 6.1 per cent, the highest since 1990.
A new survey reveals that 1 in 3 Australian SMEs might have to close shop in the first six months of economic downturn.
The Fair Work Commission has handed down its decision in its annual wage review, lifting the national minimum wage by 5.2 per cent.
July 1 is also an important date to note since many salaries will be reviewed, and there will almost probably be a larger-than-usual repricing of consumables.