by Keeli Cambourne | Mar 2, 2023 | News
One is gloomier than the other, but with the uncertainty now surrounding the economic future, it’s vital the retail sector prepare for whatever may unfold. Deloitte Access Economics partner and principal report author, David Rumbens, said the first scenario is what is...
by Keeli Cambourne | Mar 1, 2023 | News
Business Council chief executive Jennifer Westacott said it’s good news that the economy is still growing but the pace needs to pick up to repair the budget and secure the economic opportunities Australians need for the future. “Growth in the last quarter was fuelled...
by Keeli Cambourne | Mar 1, 2023 | News
In its latest Business Risk Index, CreditorWatch found that 64 per cent of consumers said they were already cutting back, with a further 17 per cent saying they had plans to. ‘Dining out’ was top of the list of areas where people were cutting back, with 74 per cent...
by Keeli Cambourne | Mar 1, 2023 | News
However, although this is the fifth consecutive rise in quarterly GDP, growth slowed in each of the last two quarters. The household saving-to-income ratio fell for the fifth consecutive quarter (from 7.1 per cent to 4.5 per cent) while gross disposable income fell...
by Keeli Cambourne | Mar 1, 2023 | News
According to the January report, despite the harsh economic conditions facing small businesses, it is still a candidate-driven market with more job postings but fewer qualified candidates. The report suggests this could be driving up wages in key industries requiring...
