RBA impacting ‘profitability’ and ‘investment decisions’ for businesses

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Australian Chamber of Commerce and Industry CEO Andrew McKellar discusses how businesses are impacted by “profitability” and future “investment decisions making” with high-interest rate rises.

One of the issues that we face at the moment is it’s really on the supply side that we’re seeing the real constraints,” Mr McKellar told Sky News Australia.

“On the supply side many businesses are really struggling with supply chain constraints, labour shortages, … rising energy costs, those things are starting to bite.

 

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Would this CEO address the absurd pricing practices of many a commercial entity? I reckon not!

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