'Significant impact': Businesses feel inflation strain
Publisher |
ABC Podcasts
Media Type |
audio
Categories Via RSS |
Daily News
News
Publication Date |
Sep 05, 2024
Episode Duration |
00:09:45

The Reserve Bank Governor has all but confirmed interest rate's won't be cut anytime soon, despite acknowledging that some Australians can't make their mortgage repayments.

Chief Executive of the Business Council of Australia, Bran Black told RN Breakfast inflation is having a "significant impact" on businesses, and increasing productivity is "the best way" we can combat inflation.

  • Guest: Bran Black, Chief Executive of the Business Council of Australia

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