RBA rate hike casts shadow on SMEs’ Christmas hiring prospects
Seasonal hiring has started according to the SME Index, but the RBA’s rate rise will likely impact growth negatively over the holiday season.
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.
The decision will result in an additional $1,264 in mortgage repayments for the average Australian homeowner since April 2022
The RBA is considering taking action on debit card fees, promoting fair pricing and more choices for merchants.