SMEs treading water as RBA holds rates steady

By Yajush Gupta · 6 November 2024 · News

SMEs treading water as RBA holds rates steady

RBA's Rate Decision Sends SMEs a Lifeline

The Reserve Bank of Australia has made a crucial decision that will impact thousands of small businesses across the country. But what does this mean for their future, and will it be enough to keep them afloat?

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Summary

SMEs in Australia have received a temporary reprieve from RBA, which today decided to hold the cash rate steady at 4.35%