The number of businesses in external administration has hit a record high, according to CreditorWatch.
Australian mortgage rates have risen much higher than US mortgage rates, because most Americans are on long-term fixed loans .That's now raising the prospect that we may end up cutting rates before the United States, an outcome that would place the Aussie dollar under even more pressure.
"Most businesses, particularly those that are consumer facing, and therefore exposed to the vagaries of discretionary spending, are being hit by a range of heavy impacts," he said. The relative safe havens for business owners are to be found in healthcare and social assistance, benefiting from a government-funded NDIS boom, agriculture and fisheries, and the finance and insurance sector.The worst-hit areas — those with the highest risk of business failure — are centred around Western Sydney and South-East Queensland.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Australia inflation: Unions’ 5pc wage claim will keep interest rates high: businessEmployers say the ACTU’s bid for a 5 per cent increase is “an open letter to the RBA to keep interest rates higher for longer”, while economists warn it will have an inflationary effect.
Sumber: FinancialReview - 🏆 2. / 90 Baca lebih lajut »
Why big business would rather send uranium offshore than build nuclear plants in AustraliaThe argument to re-examine the merits of nuclear power in Australia has been countered with concerns about the high cost of building the plants. But the rising uranium price is another issue — and Australia being a major supplier doesn't guarantee cheap power, writes Ian Verrender.
Sumber: abcnews - 🏆 5. / 83 Baca lebih lajut »
Australia’s largest online weight-loss business at loggerheads with regulatorsOne of the nation’s fastest-growing technology start-ups has accused Australian medical regulators of damaging patient outcomes.
Sumber: brisbanetimes - 🏆 13. / 67 Baca lebih lajut »
Big business in Australia faces less competition than almost anywhere elseThere are calls to break up the supermarkets, but divestiture powers could be more useful in other sectors of the economy
Sumber: GuardianAus - 🏆 1. / 98 Baca lebih lajut »
Global investment: Australia is not competitive, say CEOsThe Business Council of Australia is pushing the treasurer to make Australia more attractive for investment to boost productivity and economic growth.
Sumber: FinancialReview - 🏆 2. / 90 Baca lebih lajut »