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CreditorWatch Blog

ABS Business Conditions and Sentiments

ABS Business Conditions and Sentiments

Reading Time: < 1 minute CreditorWatch Chief Economist Anneke Thompson says: “The ABS has released their final Business Conditions and Sentiments survey. The survey results give us some indication of upcoming inflation and economic conditions. Almost half (46 per cent) of businesses reported that their operating expenses have increased. This is an increase in 21 per cent of businesses who […]

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Economic Snapshot on Labour Force

Economic Snapshot on Labour Force

Reading Time: < 1 minute CreditorWatch’s Chief Economist, Harley Dale, comments on today’s ABS Labour Force data. December’s results saw Australia’s unemployment rate fall to 4.2 per cent in December 2021 from 4.6 per cent a month earlier. This was the lowest reading since August 2008 as COVID-19 lockdowns were lifted. Australia’s labour market ended 2021 in stunning fashion The labour market […]

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