Costs of debt and business loans are ‘going to go up’ for small businesses

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 78%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

COSBOA CEO Alexi Boyd says with interest rates increasing, small businesses will see the costs of debt and business loans going up.

Ms Boyd said this means they will have to question whether or not to put their prices up or “make other impediments to their growth”.

“Like maybe constricting their working hours, or perhaps not employing as many people,” she told Sky News Business Editor Ross Greenwood.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ScottMorrisonMP Thanks for 3 years of nothing abc730 SmirkAndMirrors

Really,all promoted and supported by the corrupt Murdoch media.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines