Tags Economic Growth

Tag: Economic Growth

Five Australian startups to follow in 2020 H2

With the ongoing uncertainty caused by COVID-19, 2020 is shaping up to be one of the worst years on record economically, and Australian startups...

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...

An entrepreneurial goldmine: the tide changes on sharing economy services from ‘taboo’ business model to part of the economic fabric

It has been estimated that as many as 45,000 people in NSW have earned income through the sharing economy over the last 12 months...

Spending growth at highest level in six years

Consumer confidence is on the rise, with spending rising for the third straight month in May, according to the latest Commonwealth Bank Business Sales Indicator (BSI).

RBA slashes cash rate to 2.75 percent

The Reserve Bank today announced a cut of 25 basis points to lower the cash rate to 2.75 percent.

Interest rates on hold

The Reserve Bank of Australia (RBA) announced that the cash rate would remain at 3.0 percent earlier today.

Our business forecast for 2013

Australia's economic conditions are predicted by some to take a downward turn in 2013, meaning employers large and small are growing anxious about an economic slump and the potential for China’s growth to go into reverse.

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.

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.

Global uncertainty drags WA’s economic growth targets down

Although Western Australia continues to record strong economic growth, economic uncertainty and small business pain has seen the Chamber of Commerce and Industry (CCI) revise down economic growth forecasts for the current financial year.

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Has the Budget delivered for small businesses?

Guest authored by Sam Allert, CEO of Reckon With 23 per cent of small businesses concerned they won't exist...

What the Budget means for startups

In what is being dubbed the "jobs budget" the 2020-21 Budget was the opportunity for the Morrison Government to lay out the...

Government backflips on RDTI cuts with a $2 billion boost

Last night, the Government announced a $2 billion investment into Research & Development Tax Incentives (RDTIs), scrapping a previously proposed $1.8 billion...

Female founders deem Budget ‘A step forward, but more to be done’

Whilst largely satisfied with the way the Budget has catered for women, female founders are saying there is room to create greater...

“The $1 trillion budget deficit”: Economists on the 2020-21 Budget

The 2020-21 Budget delivers the biggest Australian deficit since World War 2. The Government’s fiscal stimulus of $51 billion during the GFC...

Budget 2020-21: What’s in it for businesses?

This year, Australia will see a $213.7 billion deficit. “Our economic response has come at a significant cost,” said...

Josh Frydenberg’s full speech: Federal Budget 2020-21

This evening the Federal Budget will be announced by Treasurer Josh Frydenberg in Parliament House in Canberra. Having...

Federal Budget: Treasurer brings forward tax cuts, braces for large deficit

As the Federal Government hands down the "most important budget since World War II" this evening, Australians can expect to see further...