Weekly Digest -22 November 2023
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.
How much Aussies plan to spend on Christmas presents this year
Australian SMEs are embracing strategic spending for growth
The recent Amex Trendex: B2B Edition survey, focusing on business-to-business spending, reveals a strategic growth mindset among Australian businesses.
Sharp drop in Australia’s economic competitiveness
Deteriorating energy infrastructure, lacklustre entrepreneurship and poor competition rules are holding back the Australian economy, with a new report suggesting a drop in competitiveness is putting at risk future prosperity.
All eyes on RBA messaging for hints on rates outlook
Borrowers will be hoping for signs the Reserve Bank can stop lifting interest rates in the minutes from the last meeting and public appearances from the top central bankers.
Higher GST? Negative gearing changes? Why we’ve got to talk about tax
Job ads dive in Australia’s most populous states, according to nation’s biggest employment website
Job ads slumped 5 per cent in October and are nearly 20 per cent lower over the past year, with hospitality and tourism leading the drop despite the looming peak summer holiday season.
Black Friday and Cyber Monday ‘surge has already started’
Australia Post Executive General Manager Gary Starr says the Black Friday and Cyber Monday “surge has already started”.
Up to one in ten homes in Australia may be empty. Could they ease the housing crisis?
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