Unemployment hits record low, but less people looking for work
While the unemployment figure dropped to 3.9 per cent, only 4,000 new jobs were created and 7,000 people gave up...
READ MOREIncome tax cuts could ease mortgage burden, lift consumer spending
Income tax cuts promised by the federal government will almost certainly lift consumer spending, but the strain upon households from power bills, and the chance of interest rate increases, means Australians are just as likely to use any benefit to repay debt.
Tax cuts are also nowhere near as effective as stronger wage growth in correcting soft consumer sentiment, economists told The Australian Financial Review's quarterly survey, although the same experts are largely confident that wage inflation will accelerate in 2018 and help to narrow the confidence gap between business and consumers.
Read the full article on the Australian Financial Review.
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Qld launches Small Business Hardship Appeal
Business owners across Queensland are set to benefit from a new hardship appeal to help small businesses recover from...
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Accountants the ‘linchpin’ in SME lending
Accountants are primed to assist SME clients with securing loans because of their grasp of business financials and risk...
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