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A significant majority of Australian CEOs are confident about their organisation’s potential for growth despite one-third experiencing recent revenue declines, a survey reveals.
A recent report from the big four bank has revealed persistent weak economic activity is likely to continue for the rest of the year as consumers remain uncertain towards spending.
The big four company has said retailers need to offer more value in the upcoming holiday season as consumers continue to tackle the cost-of-living crisis.
The payment times reporting regulator released the new payment times reports register last week following the commencement of the new rules.
Potential job loss fears have caused a further dip in consumer sentiment, business conditions and confidence, according to recent reports from Westpac and NAB.
The lower house has approved industrial legislation to spur domestic manufacturing and accelerate the net-zero transition.
Increasing inequality and a growing proportion of renters will put greater pressure on the government to implement wealth taxes in coming years, according to The Demographics Group.
The reflection of weak economic growth in the new GDP data will directly expose businesses to even tougher conditions and challenges, industry professionals have said.
Global CEOs have adopted a positive outlook for the coming financial year in the M&A market and are looking to make more acquisitions, according to an EY survey.
The Reserve bank of Australia is unlikely to make any sudden rate movements following slow economic growth indicated by new GDP data.
Bank data fails to capture true extent of financial stress in the economy, chief executive Andrew Irvine has told a parliamentary committee.
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