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And now for that big interest rate announcement…

In this podcast, Garry and Leon look at the Reserve Bank’s decision to keep interest rates on hold – for now. But the big four banks will give the RBA until next month to raise rates, or they say they will go it alone. In other news, the Department of Finance looks at $2.4 billion in cuts to pay for the pledges it made during its negotiations with the Independents, and the Housing Industry Association predicts a steep fall in housing starts as the federal stimulus measures fade.

Australian companies’ payment behaviour reveals unnerving pattern: Is our economy really recovering?

According to the latest trade payments analysis by Dun & Bradstreet (D&B), the payment terms of Australian firms have risen for the third consecutive quarter.

Australian companies' payment behaviour reveals unnerving pattern: Is our economy really recovering?

According to the latest trade payments analysis by Dun & Bradstreet (D&B), the payment terms of Australian firms have risen for the third consecutive quarter.

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