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Small business

‘Many facing pressures’: Westpac mortgage arrears, business lending weighs on bank’s book

by Anas Siddiqui
‘Many facing pressures’: Westpac mortgage arrears, business lending weighs on bank’s book

More mortgage holders are behind on repayments and businesses are battling falling demand as cost-of-living grinds on the Australian economy, Westpac’s latest quarterly results show. In a third quarter update …

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Commonwealth Bank expects November rate cut after July household spending

by Anas Siddiqui
Commonwealth Bank expects November rate cut after July household spending

Australian homeowners buckling under mortgage stress could soon receive relief from crushing interest payments, with banking giant Commonwealth Bank forecasting a rate cut as soon as November in its latest …

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ABS reports 58,000 new jobs in July labour force data

by Anas Siddiqui
ABS reports 58,000 new jobs in July labour force data

The Australian economy added 58,000 new jobs in July, far outstripping estimates of a 20,000 increase, though unemployment ticked up to 4.2 per cent in a mixed labour force landscape …

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Commonwealth Bank expects November rate cut after July household spending

by Anas Siddiqui
Commonwealth Bank expects November rate cut after July household spending

Australian homeowners buckling under mortgage stress could soon receive relief from crushing interest payments, with banking giant Commonwealth Bank forecasting a rate cut as soon as November in its latest …

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Artists, theatre owners confront dire cost-of-living spending slump leaving industry on the brink

by Kwame Phillips
Artists, theatre owners confront dire cost-of-living spending slump leaving industry on the brink

Aussie artists are in a struggle for survival. The first punch was Covid and now the country’s rolling cost-of-living crisis has pushed consumers to pull back their entertainment spend on …

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Artists, theatre owners confront dire cost-of-living spending slump leaving industry on the brink

by Kwame Phillips
Artists, theatre owners confront dire cost-of-living spending slump leaving industry on the brink

Aussie artists are in a struggle for survival. The first punch was Covid and now the country’s rolling cost-of-living crisis has pushed consumers to pull back their entertainment spend on …

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Tasmanian Police issue warning over counterfeit $100 notes circulating throughout southern areas

by Anas Siddiqui
Tasmanian Police issue warning over counterfeit 0 notes circulating throughout southern areas

Tasmanians are being warned to be wary of counterfeit notes circulating throughout southern areas of the state. Counterfeit $100 notes are being used throughout Hobart, Glenorchy and Bellerive. Inspector Jason …

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Right to disconnect laws can boost retention 40 per cent, research finds ahead of new laws

by Walter Watson
Right to disconnect laws can boost retention 40 per cent, research finds ahead of new laws

A long-running analysis of 24,000 workers has found the right to not be on call all hours of the day and night boosts productivity and retention, a study has found. …

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‘Falling behind’: Small business risks revenue with old tech, while quarter of Aussies still use cash

by Walter Watson
‘Falling behind’: Small business risks revenue with old tech, while quarter of Aussies still use cash

A quarter of Australians still rely on cash when purchasing from small businesses, a new report has found. A survey by small business accounting outfit Xero found 25 per cent …

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ASX-listed Nuheara enters voluntary administration

by Walter Watson
ASX-listed Nuheara enters voluntary administration

A $21m hearing healthcare company has gone bust, blaming a fallout with a key supplier for its woes. ASX-listed Nuheara Limited, which specialises in a wireless earbud that allows customers …

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