Business Update – 6 December 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Austudy, carer payments, and youth allowance to get a boost Social security payments for young people, students, and carers will increase by 6.1% on 1 January – the biggest raise in over six decades. Women are 200 years behind men for income equity A new report revealed that Australian…  Read more

Business Update – 30 November 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. RBA governor says it’s “regrettable” that some Australians now have mortgages they can’t afford At a Senate estimates hearing on Monday, Reserve Bank governor Philip Lowe apologised to Australians who took out a home loan due to the RBA’s guidance that interest rates would stay the same until 2024.…  Read more

Business Update – 23 November 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. More than one-third of Australians experiencing financial hardship New data from NAB has revealed that a third of us are really feeling the pinch – with some unable to pay bills. The bank encouraged those struggling to seek help early if having trouble paying on time. The “buy now,…  Read more

Business Update – 16 November 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. ASX slides as other world markets try to find their footing The ASX was looking good at the start of the week, but with the US wobbling around a recession and crypto crashing, all gains were erased. Stocks dropped to a low not seen since the start of the…  Read more

Business Update – 9 November 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. ASX inches up after news of strong US jobs report The stock markets opened the week strong, with the ASX climbing after the most recent US jobs report. Stock markets around the world followed suit. Senators launch inquiry over phoenix operations The illegal practice of “phoenixing” costs the economy…  Read more

Business Update – 9 November 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. ASX inches up after news of strong US jobs report The stock markets opened the week strong, with the ASX climbing after the most recent US jobs report. Stock markets around the world followed suit. Senators launch inquiry over phoenix operations The illegal practice of “phoenixing” costs the economy…  Read more

Business Update – 2 November 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. ASX rises in anticipation of RBA rate hike The stock market rallied a bit on Monday in anticipation of the latest rate hike from the Reserve Bank. The performance mirrored other world markets, with many investors hoping that the end of runaway inflation is in sight. Why grocery staples…  Read more

Business Update – 2 November 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. ASX rises in anticipation of RBA rate hike The stock market rallied a bit on Monday in anticipation of the latest rate hike from the Reserve Bank. The performance mirrored other world markets, with many investors hoping that the end of runaway inflation is in sight. Why grocery staples…  Read more

Business Update – 26 October 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. A budget that is “resilient” but not “fancy” The Albanese government released its first budget this week, with promises that it will be well-funded, but not excessive. It’s expected that this budget will lay the groundwork for bigger changes next year. $21bn in government spending to be slashed After…  Read more

Business Update – 26 October 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. A budget that is “resilient” but not “fancy” The Albanese government released its first budget this week, with promises that it will be well-funded, but not excessive. It’s expected that this budget will lay the groundwork for bigger changes next year. $21bn in government spending to be slashed After…  Read more

Business Update – 19 October 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Rental market still under considerable stress At the beginning of 2020, a mass exodus of people from Australia as borders closed led many to believe that the pressure on our housing market would be alleviated. However, the opposite has happened, with rents still sky high across the country. Six…  Read more

Business Update – 19 October 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Rental market still under considerable stress At the beginning of 2020, a mass exodus of people from Australia as borders closed led many to believe that the pressure on our housing market would be alleviated. However, the opposite has happened, with rents still sky high across the country. Six…  Read more

Business Update – 12 October 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Albanese not backing down on tax cuts On Monday, the Prime Minister confirmed that he would not be changing his mind and would go ahead with the contentious Stage 3 tax cuts by the May 2023 budget. The tax cuts are largely beneficial for the wealthiest Australians. Banks pass…  Read more

Business Update – 12 October 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Albanese not backing down on tax cuts On Monday, the Prime Minister confirmed that he would not be changing his mind and would go ahead with the contentious Stage 3 tax cuts by the May 2023 budget. The tax cuts are largely beneficial for the wealthiest Australians. Banks pass…  Read more

Business Update – 5 October 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Renewed hope for small business sector New data from Xero and the Australian Bureau of Statistics suggests that small businesses are doing better than before, but economists warn there may be more beneath the promising numbers. We have more millionaires than ever before According to Credit Suisse’s most recent…  Read more

Business Update – 5 October 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Renewed hope for small business sector New data from Xero and the Australian Bureau of Statistics suggests that small businesses are doing better than before, but economists warn there may be more beneath the promising numbers. We have more millionaires than ever before According to Credit Suisse’s most recent…  Read more

Business Update – 27 September 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Permit and dining fees set to return to Melbourne To ease the burden of the pandemic, the city allowed alfresco dining options at restaurants without having to pay a fee. Now that business is bouncing back, Melbourne is seeking to reestablish the permits traditionally required after waiving $2.36 million…  Read more

Business Update – 27 September 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Permit and dining fees set to return to Melbourne To ease the burden of the pandemic, the city allowed alfresco dining options at restaurants without having to pay a fee. Now that business is bouncing back, Melbourne is seeking to reestablish the permits traditionally required after waiving $2.36 million…  Read more

Business Update – 27 September 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Permit and dining fees set to return to Melbourne To ease the burden of the pandemic, the city allowed alfresco dining options at restaurants without having to pay a fee. Now that business is bouncing back, Melbourne is seeking to reestablish the permits traditionally required after waiving $2.36 million…  Read more

Business Update – 21 September 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Unprecedented rental demand could affect interest rates As the RBA raises the cash rate to ease inflation, the astounding rise in rent prices will begin to factor into the inflation data – leading to higher interest rates. Air New Zealand flies nonstop from Auckland to New York for the…  Read more

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