SMEs investment and employment impeded due to electricity price hikes outpacing inflation
By James Harkness · 27 October 2017 · Locked
By James Harkness · 27 October 2017 · Locked
See the complete version on Dynamic Business for the full story and insights.
The price of electricity increased 8.9% last quarter, according to the latest ABS Consumer Price Index (CPI), prompting the nation’s peak employer body to warn that businesses are at ‘breaking point’. The Consumer Price Index (CPI) rose 0.6 per cent in the September quarter 2017, with the most significant price rises that quarter being electricity (+8.9%), […]
Tags: ABS, ACCI, Australian Chamber f Commerce and Industry, Consumer Price Index, CPI, Electricity, Inflation