Aussie drivers have been slugged by record high petrol prices but one city is copping it harder than others from all directions.
Rebecca Le May
The hyper-competitive buy now, pay later space is set for more changes, with a leading Australian firm eyeing up the purchase of its US-focused rival.
WA’s peak events body has blasted the State Government over a lack of consultation after postponing the State’s border reopening after it had “taken a bullet” for the economy.
The consumer price index rose by a larger than expected 1.3 per cent in the December quarter, lifting the annual rate to 3.5 per cent.
.A sharp drop in the unemployment rate has helped lift confidence, but consumers are still concerned about the inflation outlook.
WA bosses are likely to face higher wages while the State’s border remains closed as they struggle to find new employees, experts say.
Desperate small business operators fear being left unable to operate without clear and updated guidance on what constitutes a close contact for coronavirus.
The Australian sharemarket continued its dire start to the year with mining and technology firms among the hardest hit on Monday.
Senior health experts and others have joined a growing list of critics to Western Australia's controversial hard border.
Australia’s private sector shrank for the first time in four months and business confidence dived in response to a surge in COVID-19 cases that also brought employment growth to a halt.
More than six million Australians have become eligible for free RAT kits, but pharmacists have highlighted one big problem.
Premier Mark McGowan will need to give consumers confidence to continue their spending splurge if local businesses are to weather the blow delivered from last week’s border backflip, leading economist says.
Restaurants and retailers are facing “lockdown-like conditions” as Omicron continues to rage, fuelling fears some businesses will not survive the wave.
This week's inflation figures are likely to fuel speculation of a rise in the Reserve Bank of Australia's cash rate this year.
Businesses were overwhelmingly ready for the border reopening on February 5, but ‘disappointing’ decision to postpone will leave them guessing: CCIWA.
WA company bosses are begging the McGowan Government to consider exemptions allowing business managers that are triple dose-vaccinated to travel interstate and internationally.
Danielle Le Messurier
One of WA’s most senior business leaders says industry is “incredulous” about Mark McGowan’s decision to indefinitely delay the reopening of WA’s borders after almost two years of isolation.
Danielle Le Messurier & Sean Smith
WA businesses risk reputational damage around the world following Premier Mark McGowan’s call to indefinitely postpone the State’s border reopening, a peak business lobby warns.
The decision to indefinitely delay the reopening of the State’s borders will only exacerbate a critical skills crisis which has left many key industries in limbo, says the country’s peak business body.
Perth’s relative wealth should stand it in good stead to weather business pressures likely to emerge when the effects of widespread coronavirus transmission emerge.
Westpac chief economist Bill Evans expects Australia’s central bank will begin its interest rate tightening cycle in August with a 15 basis point hike as strong jobs growth drives faster inflation.
The WA jobless rate has fallen to its lowest level since prior to the 2008 Global Financial Crisis – and there are now barely 50,000 people across the State looking for work.
Queensland’s peak business group has revealed the cost of Omicron as the state suffers from a desperate rapid antigen test shortage.
The Australian Bureau of Statistics said employment rose by 64,800 in December which saw the unemployment rate fall to 4.2 per cent.
Colin Brinsden, AAP Economics and Business Correspondent
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