Tag: Rba

SMEs in Australia have received a temporary reprieve from RBA, which today decided to hold the cash rate steady at 4.35%

RBA has opted to keep interest rates unchanged, citing concerns about the persistence of price pressures.

The Reserve Bank of Australia (RBA) has opted to maintain its cash rate at 4.35% for the fourth consecutive meeting, deferring a 14th interest rate hike amidst lingering inflation concerns.

Australia’s central bank has opted to keep interest rates steady and hinted at the possibility of further tightening

Retailers are requesting for an economic boost, urging the release of the interest rate handbrake.

The RBA has chosen to keep interest rates unchanged, providing a sense of stability for SMEs navigating through economic uncertainties.

Anneke Thompson, Chief Economist at CreditorWatch, offers insights into Australia’s economy, covering key aspects such as retail trade, employment, inflation, and business and consumer sentiment.

The Employment Hero SME Index shows Australia’s wage growth is flattening to align with inflation.

Vinnie D’Alessandro from Change Financial looks at the role of the RBA in shaping the Australian payments space, discussing the positives and negatives.

Seasonal hiring has started according to the SME Index, but the RBA’s rate rise will likely impact growth negatively over the holiday season.