Economy

Anchor submerge underwater 1 - Inflationary Pressures Starting to Erode Confidence

Inflationary Pressures Starting to Erode Confidence

Inflation rose more sharply than forecast and business conditions and confidence eased in December, with the latter due to the rolling impact of Covid omicron on employment. While the rise in inflation grabbed the headlines, the National Australia Bank’s…

Floating umbrella 1 - NAB Survey Shows Optimism in Face of Omicron

NAB Survey Shows Optimism in Face of Omicron

An upbeat December business survey from the National Australia Bank yesterday says the economy is well placed to perhaps grow a little faster in 2022, despite the new omicron variant of Covid. While business conditions improved as the lockdowns…

Aust Economy

The Australian Economy in 2022

Did the Australian economy present any surprises over 2021? The year began well with the economy re-opening and in ‘catch up’ mode following the lifting of earlier national and Victorian lockdowns. Economic growth was strong, and the labour market…

icon 114x114 1 - SME sector fared better than expected during lockdowns

SME sector fared better than expected during lockdowns

New research by conducted by LinkedIn in partnership with Kantar reveals that despite the fact 71 per cent of Australia’s SMEs were affected by lockdowns through much of the year, 38 per cent of them actually performed better than…

Inaugural roundtable paves small business road to recovery

<!– Oscar –> 25 November 2021 The Australian Banking Association (ABA) has today released its 2021 SME Lending Report, highlighting how important Australian Small and Medium Enterprises (SMEs) are to the country’s economic recovery. The report was released to…

Why it’s bad news for Christmas shoppers

Cashed-up Aussies are set to unleash billions of pent-up spending, but businesses will likely have to jack up prices during the pre-Christmas surge. Australian retailers are set to pocket record revenues in a Christmas cash splash but many businesses…

Jobs Data Better than it Looks, All Things Considered

On the face of it, October’s jobs report – showing a fall in employment, a rise in unemployment and a jump in the jobless rate to 5.2% (from 4.6%) – looked poor and the initial reaction treated it thus.…

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