The latest report card on the economy will be no surprise to small business owners. Economic growth is barely limping along. The combination of sluggish growth, persistently poor productivity, tight labour markets, supply chain challenges, above-target inflation impacting on higher input costs and customer demand,
Many younger Australians and lower income households are spending up to one-quarter of their net income on groceries, according to responses so far to the consumer survey which is part of the ACCC’s Supermarkets Inquiry. Households have also told the ACCC that to reduce their
The National Retail Association has called on the Federal Government to look seriously at the crisis confronting Australian retail, rather than celebrating the Taylor Swift sugar hit to retail sales in February. National Retail Association Director Rob Godwin said it would be a mistake for
Even in a stubborn cost-of-living crisis, it seems there’s one luxury most Australians won’t sacrifice – their daily cup of coffee. Coffee sales have largely remained stable, even as financial pressures have bitten over the past few years. So too have prices. Though many of us became upset
The Council of Small Business Organisations (COSBOA) has recommended that legislative wage increases should be between 2-3% for this year’s determination. The Australian Small and Family Business Ombudsman recently found in its Small Business Matters report that: 43 percent of small businesses were not making
Ballooning wages bills, energy costs and insurance premiums are driving a pessimistic outlook for Australia’s retail businesses, promoting calls for the Government to put the cost-of-trading on the Federal Budget agenda. The National Retail Association today released its 2024 Retail Sentiment Report, which has revealed
Employment Hero’s latest SME Index, which draws from an expansive dataset of over 1.5 million employees and 150,000 small and medium enterprises (SMEs), has uncovered a concerning trend: Australians are working longer hours for reduced wages, with small businesses bearing the brunt of the economic
Entering the new year, cost-of-living has been making headlines across Australia, in our households and within the halls of power alike. Every policymaker in the country, from parliamentarians to the Reserve Bank, seem to be throwing every tool in their war chest at the elusive
Waave has today announced the first instalment of its Cashless Future 2024 research which reveals that Australia’s financial services industry still has a trust gap to fill before consumers will embrace a fully digital economy. Despite cheques being phased out, bank branches disappearing, and the
According to a survey from Griffith University, nearly half (48%) of the Australians surveyed have agreed to do a side hustle for different reasons.If the streets of Gold Coast, Australia, are lined with gold, so to speak, you might be surprised to learn that they’re
Small Business Connections (SBC) is a media platform that delivers targeted content, news, industry reports, trends and tips to business owners, entrepreneurs, startups and stakeholders in the SME sector.
CONTACT ABF GROUP
+61 3 8560 6888
info@abfgroup.com.au
SPONSORSHIPS – PARTNERSHIPS – EXHIBITOR ENQUIRIES
george.moraitis@abfgroup.com.au
