RBA urged to hold tight on rate hikes, as data reveals flattening wage growth
The Employment Hero SME Index shows Australia’s wage growth is flattening to align with inflation.
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.
For the fourth consecutive month, RBA has maintained its key interest rate, offering mortgage holders a continued respite.
Anneke Thompson, Chief Economist at CreditorWatch, delves into the current economic and business landscape in Australia.
The Consumer Price Index (CPI) for the twelve months leading up to the March quarter has increased to 7 per cent.
Australia’s experts are almost evenly split on whether the RBA will lift the cash rate again in July.
CreditorWatch’s Chief Economist, Anneke Thompson shares outlook for June.
Treasurer Jim Chalmers is making moves to modernize Australia’s payment system.