Australian Economy Insights: Understanding the Full Employment Cycle-The Australian labour market is currently experiencing what economists refer to as a "full employment" cycle, where unemployment sits at historically low levels of around 4–4.5%. Although a low unemployment rate is generally seen as a sign of a stable…
Interest Rate Cuts: What They Mean for Your Business’s Bottom Line-With the Reserve Bank of Australia (RBA) announcing an interest rate cut on February 19, business owners across the country are considering what this means for their financial strategy. Lower interest rates can provide a much-needed boost to cash flow,…
Circuit Breaker Action Business Support Package-As part of the new initiative put forward by the Victorian Government to help businesses with the circuit breaker action to prevent the spread of COVID-19, a four-part support package has been designed with $143 million available for eligible businesses.…