It’s been a challenging week for Australians and Australian retail with a perfect storm of undesirable economic challenges that will make the months ahead particularly difficult. The Reserve Bank’s decision […]
It’s been another big week politically, with the Victorian Government handing down its 2023-24 State Budget. For small businesses, there’s some measures to be pleased about with the Government set […]
With Mother’s Day being a busy shopping period for many retailers, we hope that your trading was a success. It continues to be a year of significant legislative change, and […]
The 2023-24 Federal Budget has been handed down. With inflation and consecutive interest rate rises putting households under enormous stress, this year was undoubtedly the “cost-of-living” budget for both everyday […]
With the Federal Budget just days away, we are starting to form a picture of the government’s spending priorities. Small business stands to benefit, with the announcement of a bonus […]
On Tuesday, we marked ANZAC day, a national day of remembrance in Australia and New Zealand that commemorates those who served and died in all wars, conflicts and peacemaking operations. Lest we forget.
As we head deeper into the year, we’re beginning to see the predicted softening of discretionary spending. Australians spent $8.1 billion over the Easter week – up 4.5 per cent on last year – according to research by Westpac DataX, in conjunction with the ARA.
I hope that you have found some down time over Easter and that it’s been a successful trading period. Anecdotally, stores across Australia were extremely busy on Easter Saturday – which should come as no surprise.
Australian homeowners and business operators have been spared another consecutive cash rate increase with the Reserve Bank of Australia pausing at 3.6% in this week’s decision.
With the New South Wales state election complete, we now have a Labor government in place in every state except Tasmania and an 18 month window without any elections occurring.
This provides a period where we may see significant reform and potentially for national alignment in key policy areas across Australia.
