Small businesses bear brunt of high inflation and interest rates

By Yajush Gupta · 7 August 2024 · News

Small businesses bear brunt of high inflation and interest rates

Small businesses hit hard by economic squeeze

Inflation and interest rates are taking a devastating toll on Australia's small businesses. What does this mean for their future and the economy?

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Summary

Australia's small businesses are facing mounting pressure as the Reserve Bank held interest rates steady