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Reviving SMEs: Tackling Revenue Declines in a Tough Economy

How Businesses Can Adapt and Thrive Amid Spending Shifts   The relaxation of consumer spending posed existential threats to Australia’s small and medium-sized enterprises (SMEs) as they grappled with insolvency crises during December of the year 2024. Data from the CBA House Spending Insights (HSI) Index estimate a 1.8% fall in spending in December, following …

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Rising Confidence Among Mortgage Holders: What Spending Trends Reveal for 2025

Mortgage holders in Australia are projecting positive changes in their spending habits. This encouraging trend might signal a reduction in financial stresses, which increases the possibility of borrowers improving their financial well-being in the long run. An Increase In Spending Patterns In the latest release of the CommBank Household Spending Insights (HSI) index for December …

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What are the Best Financing Options for Investment Properties?

When building wealth in property, there is no better alternative than relying on a tried-and-true strategy. The financing game? For many, it may seem like a complex puzzle. Do not worry; most of us have difficulty coming up with solutions. Most people will find relief once this guide simplifies everything, whether they are making their …

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High Interest Rates Persist as Unemployment Drops: What Borrowers Should Expect

Australia’s unemployment rate fell to an all-time low of 3.9% in November 2024, surprising many with its financial resilience and exceeding the Reserve Bank of Australia’s (RBA) forecast of 4.3%. Although this decline represents a healthy functioning market and an enhanced financial system, it creates challenges for debtors. The extended period of high interest rates …

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