Tags Australian Economy

Tag: Australian Economy

What the US election could mean for Australian businesses

With under a week until the 2020 US Presidential elections on Tuesday, 3 November, economists and investors are looking to predict the...

Bosses still reluctant to increase wages to retain staff despite increase in business confidence

Business confidence is returning but a new survey shows many bosses still aren't willing to lift wages to retain talented staff. Bosses at small and...

Ideal jobless rate ‘some time away’: RBA

Reserve Bank of Australia board members agreed back-to-back cash rate cuts were necessary to eat into spare labour market capacity, but a high participation...

The financial challenges small Aussie businesses are facing

Small business is the engine room of the Australian economy and with the numbers of small businesses growing rapidly, allied to the explosion in...

RBA cuts again to take cash rate to 1%

The Reserve Bank of Australia has cut the cash rate to a fresh record low of 1.0 per cent, reducing the cost of borrowing...

Wage underpayments epidemic in Australia

Byline: Arthur Hambas, Lawyer at McDonald Murholme When Victorian Premier Daniel Andrews commented that "every worker has the right to get a fair day's pay...

China’s economic slowdown a bigger concern for Australian businesses than the US China trade war

With trade tensions between the US and China continuing to simmer, global trade growth could potentially grind to a halt this year, contracting by...

The future of fintech in Agribusiness

Thought leadership byline: Sam Fitzpatrick, Agribusiness Lead, Western Union Business Solutions Agribusiness in Australia: the lay of the land Australia’s agribusiness sector is currently estimated to be...

RBA cuts cash rate to new low of 1.25%

The Reserve Bank of Australia has cut the cash rate to a new record low of 1.25 per cent in a widely anticipated attempt...

Analysts predict RBA will move rates

Analysts are increasingly confident the RBA will move rates for the first time since August 2016 on Tuesday in a bit to reignite stalling...

How to build a peer support network

As a small business owner, you don’t always have the backup of formal social supports offered by larger employers. 

Dynamic Business: Have your say about what we write, and you read

2020 was a year of unprecedented challenge for business owners. Almost overnight, businesses of all sizes were scrambling to find new customers...

Dealing with financial stress

It is common for people working in business to be concerned with or stressed about their business finances at some point.

How Australian retailers are reimagining customer experience

The customer is always right is an adage that has been driving the way we do business for years. While the concept of...

Regional company pivots to manufacture COVID-19 face masks

As COVID-19 wreaked havoc nationally and demand for safety equipment grew, Victoria’s regional medical device manufacturer Care Essentials pivoted its focus to...

Greater Sydney NYE restrictions tightened

NSW Premier Gladys Berejiklian has announced a further tightening of COVID-19 restrictions for NYE as 18 new community transmissions are detected overnight.

Leverage crypto traders lose over $US13 billion in 2020

Data from cryptocurrency trading simulator Crypto Parrot has found that cryptocurrency traders on Bitfinex and BitMEX lost $US13.47 billion in 2020.

US House approves $US2,000 checks in COVID-19 stimulus bill

The US House of Representatives has approved increasing COVID-19 stimulus checks from $US600 to $US2,000, however it is still uncertain whether these...