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Category Archives: Economy

How SMBs Can Plan For Riding Out The COVID-19 Pandemic

May 4, 2020

Australian business owners have a triple whammy to deal with as a result of coronavirus: they need to consider their personal health and well-being, the health and safety of their employees, and ensure that their business survives the economic upheaval caused by coronavirus. As usual, one of the best ways to overcome business problems is […]

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Coronavirus Stimulus Package

March 29, 2020
Coronavirus Stimulus Package

Over the past few weeks, the COVID-19 Pandemic has created major disruption to our wellbeing, businesses and ways of life.  To help Australians get through the impacts of COVID-19, the Government has put a range of measures in place. Here is a summary of the key measures and how they could help: The Instant Asset […]

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October Economic Update

October 4, 2019
October Economic Update

Economics is an occupation with no shortage of data. One piece of data economists watch is the participation rate (the number of people who either have a job, or are looking for one). Economists watch this data for both demand and supply reasons.

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RBA holds: but some upside

September 6, 2019
September Economic Update

Now is still a great time to get finance for a business expansion, asset refresh or other purchases. Money has never been cheaper, and with interest rates hovering just above zero, there’s no reason to wait.

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RBA hopes cut will stimulate activity

July 5, 2019
Economic Update July 2019

With the Reserve Bank of Australia cutting the official cash rate to a record low of 1 per cent, interest rates continue to be the talk of the business pages. But do rates this low pack a monetary punch? Or will the Government have to pull on the fiscal purse strings to get the economy moving, as RBA Governor Philip Lowe is encouraging?

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RBA hopes cut will stimulate activity

June 20, 2019
RBA hopes cut will stimulate activity

The big news in June was the Reserve Bank’s decision to cut the cash rate to a record low of 1.25 per cent. While mortgage holders were celebrating, all eyes immediately turned to what it means for the economy and the RBA’s next move.

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May 2019 economic update

May 7, 2019
May 2019 economic update

The big picture So, where to from here? The economy is probably in better shape than the GDP numbers indicate, but government, business and the RBA will need to switch gears to get wages growth and inflation up. Most economists agree that that may have to happen in the form of a few more interest rate cuts. It is not a matter of if, but when. The big picture ...

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