Small businesses under pressure from soaring costs
Key costs for Australian small businesses have climbed by 24.6 per cent since the start of the COVID-19 pandemic, according to research by AMP Bank Go.
Key costs for Australian small businesses have climbed by 24.6 per cent since the start of the COVID-19 pandemic, according to research by AMP Bank Go.
Consumer sentiment is weaker but discretionary spending is not 'falling off a cliff in Australia'.
A little-known scheme allows first-time homebuyers to use their superannuation fund as a tax-advantaged method for saving for a deposit.
Research firm shows massive uptick for superannuation funds and describes it as a 'tremendous result'.
Boosted by the banking sector, the Australian share market's main index has overcome its morning losses to finish the day flat.
But current cost-of-living pressures see Australians wanting at least $1 million in super to fund life after work.
The head of Australia's second-largest bank is more worried about businesses delaying investment decisions than the impact of higher interest rates.
National Australia Bank has followed Westpac to apply new measures to head off the impact of the Middle East conflict on its balance sheet.
First homebuyers take advantage of lower entry point thanks to the Deposit Scheme.
After three years of declining profits, Australian corporations returned to growth this reporting season, led by banks including CBA and NAB.