Price pressures remain concerning, business cautions

Price pressures remain concerning, business cautions

Inflation rose to 7.8 per cent in the December quarter — the fourth consecutive quarter to show a rise greater than any seen since the introduction of the Goods and Services Tax (GST) in 2000. For businesses, it means increasing price pressures and the very real...
Economy beginning to slow; inflation peak passed

Economy beginning to slow; inflation peak passed

The NAB report found that business conditions fell by 8pts in December — the third consecutive monthly decline and although there was a small improvement in the index from November, it was still not back to pre-pandemic levels. Forward orders moderated further in the...