Sydney named seventh most expensive city to live in
In February, Sydney made the list of top ten expensive cities to live in. Here is the complete story for you to enjoy.
...read moreArticles Tagged 'Economy'
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RBA leaves rates unchanged
The Reserve Bank of Australia (RBA) has left interest rates unchanged at 3.25 percent, citing a rise in inflation as a driving factor behind its decision.
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Slowing growth brings about rate cut
The Reserve Bank of Australia cut the official cash by 25 basis points today, citing slowing economic and credit growth as two of the key drivers behind its decision.
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NBN opens up opportunities for SMBs
National Broadband Network (NBN) has released the first of a series of enhancements to help businesses make the most of high speed internet.
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Spending up a solid 2.5 percent in June
Economy-wide spending enjoyed a solid gain in June, according to the latest Commonwealth Bank Business Sales Indicator (BSI), suggesting consumers are slowly becoming less tentative about parting with their cash.
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Employment optimism dwindling in small businesses
Employment optimism is dwindling as are local job prospects, as a new survey reveals a decline in the number of businesses looking to hire employees for the next quarter.
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Business confidence slides further, but SMBs remain positive on outlook
Despite business confidence continuing to fall as a result of weak consumer spending, half of SMBs remain optimistic about their ability to ride out the tough times, a new report has found.
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Spending growth is slowing, according to key indicator
Spending rose across the economy in April, according to the latest Commonwealth Bank Business Sales Indicator (BSI), though it appears business sales growth may be slowing as a result of declining consumer confidence.
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Female business owners feeling confident, research finds
Female SMB owners are feeling more positive about being in business than their male counterparts and are driving the uptake of social media for business, according to new research.
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Business confidence slides, as economic uncertainty rises
Ongoing economic uncertainty caused business confidence to fall nearly ten points in February, to 108.9, after six consecutive months of rises to January 2012.
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NAB and CBA fail to pass on full rate cut
The National Australia Bank and the Commonwealth Bank are the first of the Big Four banks to reduce their standard variable interest rates following Tuesday’s official rate cut by the Reserve Bank, with both failing to pass on the full amount.
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Interest rate concerns push business optimism down
Business expectations have slid this quarter, as interest rate worries and ongoing pressure from the strong Australian dollar weighs on local SMBs.
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Recovery consolidates as business sales rise steadily
The recovery in economy-wide spending appears to have consolidated as business sales remain positive, according to the latest Commonwealth Bank Business Sales Indicator (BSI).
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Business confidence resilient in face of economic uncertainty
Despite global financial volatility, local businesses are feeling optimistic as they look towards implementing more efficient cost-cutting measures.
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Interest rates held by RBA at 4.25 percent
The Reserve Bank of Australia has held the official interest rate for the third consecutive month, citing close to trend growth, inflation and lending rates.
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Hiring tips for tough economic times
Growth is a continual driver for business owners, but how are you supposed to know when and what to grow and what will work best for you?
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Consumer sentiment falls as rates concerns rise
Consumer confidence fell by five percent in March, as Australians worry about rising interest rates and falling employment levels.
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Consumer confidence bounces back
Businesses have welcomed news of a surprise jump in consumer sentiment, as the number of optimists outweighs the number of pessimists for the first time in some months.
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Sydney named seventh most expensive city to live in
Thanks to the strength of the Australian dollar, Sydney has been named the seventh most expensive city in the world to live in, closely followed by Melbourne, which took out the eighth spot
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Aussies would change jobs despite economic doom and gloom
Even with continuing reports of poor economic conditions, the majority of Australians would be prepared to change jobs if an opportunity arose to do so, a survey has found.
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