{"id":33830,"date":"2024-01-16T08:14:53","date_gmt":"2024-01-15T21:14:53","guid":{"rendered":"https:\/\/loveyournumbers.com.au\/?p=33830"},"modified":"2024-01-16T08:47:16","modified_gmt":"2024-01-15T21:47:16","slug":"business-update-17-january-2024","status":"publish","type":"post","link":"https:\/\/loveyournumbers.com.au\/business-update-17-january-2024\/","title":{"rendered":"Business Update \u2013 17 January 2024"},"content":{"rendered":"

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.<\/p>\n

High chance\u2019 of RBA achieving its goals in 2024: CBA<\/h2>\n

Commonwealth Bank of Australia chief economist Stephen Halmarick has predicted<\/a> that the central bank\u2019s desired outcomes from increasing interest rates are likely to come to fruition this year.<\/p>\n

Australian capital city rents up 13% over year as further hikes predicted for 2024 amid housing shortage<\/h2>\n

Housing advocates call for urgent reform to address growing crisis as capital rents hit average of $600 a week. Australia\u2019s record shortage of rental properties will continue to drive prices up for tenants, analysts say, with a new report revealing combined capital city rents rose<\/a> 13.2% year-on-year.<\/p>\n

Golden zone: could Australia\u2019s economy pull off a miracle in 2024?<\/h2>\n

Signs suggest inflation and interest rates may fall<\/a> considerably without killing growth or employment. The government will be desperately hoping so.<\/p>\n

Will 2024 finally be a happy new year for the Australian economy?<\/h2>\n

After what has been a miserable decade for the average working-age Australian, what are the causes for optimism<\/a> in 2024?<\/p>\n

Australian companies delaying tech investments due to economy<\/h2>\n
\n
The challenging economic conditions are leading Australian companies to delay their technology investments, a new survey from Endava<\/a> has found. Less than one in every twenty Australian businesses believe they\u2019ve reached the peak of their digital journeys according to a recent survey, with 40 percent stating that they had delayed tech investments due to current economic conditions.<\/div>\n<\/div>\n

Super Review\u2019s Superannuation Guide 2024<\/h2>\n

For over 30 years, Australia\u2019s globally renowned superannuation system has prepared members for a prosperous retirement. However, many Australians are still unaware of the benefits of the super system. A recent Melbourne University study revealed just half of the adult population believes the super industry \u201cworks well\u201d for them. This guide<\/a> aims to better inform the community about the benefits of super, and in doing so, encourage Australians to better engage with their fund.<\/p>\n

Shoppers warned to expect empty shelves, delays if ports strike continues<\/h2>\n

Shoppers have been warned to expect higher costs and delays in imports of furniture, food and clothing amid ongoing port strikes<\/a> around Australia and disruption to shipping caused by Red Sea terrorist attacks.<\/p>\n

Economists issue rate cut warning over stage-three tax cuts<\/h2>\n

The scheduled stage-three tax cuts, which are set to come into effect from July 1, could have major implications for the timing of Reserve Bank rate cuts<\/a>, economists have warned.<\/p>\n

Get in touch<\/h2>\n

Contact us if you have any questions or want to discuss the next steps for your business.<\/p>\n

Contact us<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. High chance\u2019 of RBA achieving its goals in 2024: CBA Commonwealth Bank of Australia chief economist Stephen Halmarick has predicted that the central bank\u2019s desired outcomes from increasing interest rates are likely to come … Continued<\/a><\/p>\n","protected":false},"author":12,"featured_media":32673,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\nBusiness Update \u2013 17 January 2024 - Love Your Numbers<\/title>\n<meta name=\"description\" content=\"Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. 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