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Economy

Aussie inflation eases. What’s next?

The recent drop in Australia's annual inflation rate to 6.8 per cent could give the Reserve Bank of Australia (RBA) the excuse it was looking for to pause its tightening policy.

Yajush Gupta · 2 min
Economy

There will likely be another cash rate hike on Nov 1

In the Finder RBA Cash Rate Survey, 38 of the 39 experts were asked to predict that the cash rate will move on Tuesday, with 90 per cent predicting a hike of 25 basis points to 2.85 per cent.

Yajush Gupta · 2 min
Economy

Australia’s efforts to commercialise innovation must be reinforced: Report

The AUKUS security agreement has the potential to benefit Australia's digital economy, quantum science, and world-class AI research. However, the KPMG report contends that in order to capitalise on the great economic opportunities in emerging technologies, Australia needs scale up efforts to commercialise creativity.

Yajush Gupta · 2 min
Economy

Three out of every four SMEs in Australia expect a cash flow problem before 2024: report

The rep[Ort finds that three-quarters of SMEs expect reduced cash flow before July of next year.

Yajush Gupta · 2 min
Economy

Job ad listings are rising, but so are skill shortages: SEEK

Australia maintained its three-month streak of record-breaking job ad numbers, but employers are still struggling to fill those positions.

Yajush Gupta · 2 min
Economy

Australia’s entrepreneurial ecosystem could add 3.5 million new SMEs over the next decade: Study

Australia’s small business boom is expected to continue over the next ten years

Yajush Gupta · 2 min
Economy

Election 2022: Australian workers’ perceptions of economic security hit their lowest point since 2021

Workers in Australia believe the economy is less secure than a year ago, as perceptions of Australia's economic security reach new lows.

Yajush Gupta · 2 min
Economy

Australia’s February trade surplus narrows

The seasonally adjusted balance on goods and services surplus decreased to $7.46b in February.

Yajush Gupta · 2 min
Economy

RBA holds cash rate at 10 basis points; says inflation to continue in the coming quarters

RBA decided to keep the official cash rate – the rate banks pay to lend to and borrow from one another – at 0.1 per cent.

Yajush Gupta · 2 min
Economy

A decade in the making: India-Australia aims to double bilateral trade

India and Australia signed an interim free trade agreement with the goal of increasing bilateral trade in five years.

Yajush Gupta · 2 min
Economy

Aussie SMEs are still struggling to shift to digital sales: Survey

Australian small businesses achieved the lowest growth rate in the Asia-Pacific in 2021

Yajush Gupta · 2 min
Economy

New Zealand SMEs lag their APAC counterparts, but 2022 outlook looks cautiously positive: Survey

More of New Zealand's SMEs shrank in 2021 than grew primarily due to the pandemic

Yajush Gupta · 2 min
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