New report shows small business continuing to grow

New report shows small business continuing to grow

The survey of small businesses found that as of July 2022, the average number of employees among Australian SMEs was higher than in January 2019. The Employment Hero SME Index was 112.6 in July 2022 an increase of 7.7 points since July 2021 and only 0.1 point lower...
Consumer confidence recovers post-rate hike drop

Consumer confidence recovers post-rate hike drop

“There was a notable recovery in consumer confidence over the past week, with the loss in the week of the RBA’s August rate hike more than completely reversed,” ANZ head of Australian economics, David Plank, said. “Across the major states, confidence was up very...
CPI data to be released monthly

CPI data to be released monthly

Previously the Australian Bureau of Statistics (ABS) would release a monthly consumer price index information as a measure of household inflation but the department has announced it will be introducing a monthly CPI indicator to ensure there is a timelier measure for...