stimulus
News

PM planning next wave of stimulus

- March 16, 2020 < 1 MIN READ

The prime minister Scott Morrison is expected to announce a second stimulus package – this time focusing on self-employed and households –  as the impact of the coronavirus pandemic continues to have an effect on the Australian economy. AFR reports the PM is set to sit down with the treasurer Josh Frydenberg and finance minister… Read more »

News

The news you need to know: November 6 2019

- November 5, 2019 < 1 MIN READ

Missed out on today’s news. Don’t stress, we’ve got you covered. Catch up with the latest news briefs small business owners need to know on Wednesday, November 6 2019. Reserve Bank keeps interest rates on hold After slashing rates to an all-time low last month, the Reserve Bank has opted to keep the current cash… Read more »

News

RBA slashes cash rate to 0.75 per cent

- October 1, 2019 3 MIN READ

The Reserve Bank of Australia (RBA) has cut the official cash rate by 25 basis points to a record low of 0.75 per cent, signalling that it’s prepared to cut again if the insipid national economy fails to respond to the third rate cut in four months. Here’s the bank’s full statement following the decision:… Read more »

News

The news you need to know: September 4, 2019

- September 4, 2019 2 MIN READ

Check in on the news that matters most for small business owners as we unwrap today’s headlines. Here’s the news you need to know on Wednesday, September 4. 2019. Interest rates hold as Australia races to 0 Following the Reserve Bank of Australia’s board meeting yesterday, Australia’s official interest rates remain on hold at 1… Read more »

News

The news you need to know: September 3, 2019

- September 3, 2019 2 MIN READ

Stay up to date with all the news that matters to small business owners. Here’s what you need to know on Tuesday, September 3, 2019. Economy slows, but Treasurer predicts growth ahead Treasurer Josh Frydenberg has warned the economic growth figures for the June quarter are likely to reveal a slowdown in the economy, However,… Read more »

News

The news you need to know: September 4, 2019

- September 3, 2019 2 MIN READ

Check in on the news that matters most for small business owners as we unwrap today’s headlines. Here’s the news you need to know on Wednesday, September 4. 2019. Interest rates hold as Australia races to 0 Following the Reserve Bank of Australia’s board meeting yesterday, Australia’s official interest rates remain on hold at 1… Read more »

Finance

RBA reports small businesses struggling to gain access to finance

- September 24, 2018 2 MIN READ

The Reserve Bank of Australia’s latest report, Access to Small Business Finance has revealed small businesses are continuing to struggle to gain access to affordable capital. The message from the Small Business Finance Advisory Panel suggests while conditions are better than they were in the period just after the global financial crisis, around one-fifth of… Read more »

stimulus
News

Reserve Bank puts cash rate on hold at 1.5 per cent

- August 2, 2017 < 1 MIN READ

The Reserve Bank of Australia (RBA) has announced it will leave the current cash rate at 1.5 per cent. In a statement to media, RBA Governor, Philip Lowe said the economy is still on track to grow over the coming twelve months but cautioned the rising dollar could slow the pace of growth. On Tuesday… Read more »