Listen to Australian and world news, and follow trending topics with SBS News Podcasts.
Small business continues to feel impact of rising interest rates
Incoming RBA governor Michele Bullock is seen during a meeting with Australian Prime Minister Anthony Albanese and Australian Treasurer Jim Chalmers at Parliament House in Canberra, Friday, July 14, 2023. AAP Source: AAP / LUKAS COCH/AAPIMAGE
Australian small businesses are bracing themselves ahead of a potential 13th interest rate rise in a year. Thirty-six economists surveyed by Reuters are split on whether the Reserve Bank will continue to hold interest rates for a second month in a row at its August meeting or decide to increase the rate.
Share
Recommended for you
How do Australia's petrol prices compare globally?
petrol prices
'Cashing in big time': Who's profiting from the war in the Middle East?
weapons manufacturing
This fuel costs as little as 80c a litre in Australia. So why isn't everyone using it?
energy and fuel technology
Australians urged to work from home and drive slower to save fuel
war in the middle east
