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Small business finding times are tough

Posted by: 2UE | 8 February, 2012 - 8:21 AM
Small business finding times tough in two-speed economy

Small business is battling to keep the doors open, as bank put the squeeze on both the business and the customers. A rate cut by the Reserve was desperately needed. Jason Morrison reveals how tough times are.

 

 

David Oldfield speaks with Russell Zimmerman, executive director of the Australian Retailers Association: Keeping interest rates on hold could mean "Armageddon" for retailers?


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Blog comments Your Say

  • Sure you are 'jag'. Is any small business left in Australia?

    Rakesh Wednesday 8 February, 2012 - 10:56 PM
  • Anyone know what an ant-Australia is? Liberals pretending to stick up for the little people. They know no low. They're lower than lawyers, HR and marketing people. Most of them are because they're good at getting paid to do nothing. Now they're trying to tell Australians that the 'commie union' party doesn't care about the small businesses. Get your bulls--t straight you pricks. Never saw a Liberal government help small businesses either.

    Robert Wednesday 8 February, 2012 - 10:46 PM
  • jag, I don't doubt that it is tough for you and I wish you all the best but 'rising expotentially' would suggest that the rate of increase would need to be expressed in expotential notation, were as ABS is able to express it in within the low single digits.

    James W Wednesday 8 February, 2012 - 5:04 PM
  • james w I am a recent divorcee and my cost have risen and on a single income and for me it is a huge struggle now

    jag Wednesday 8 February, 2012 - 4:07 PM
  • "costs to live keep rising exponentially", really jag?

    James W Wednesday 8 February, 2012 - 2:31 PM
  • If businesses are closing their doors in booming WA, it IS tough out there! If there are vacant shops in the Malls in Perth then what is the rest of small business in Australia experiencing? Wayne Swan can talk about triple A ratings and gongs from the IMF all he likes but next to the U.S.A. and Europe anything looks good!

    Susan Wednesday 8 February, 2012 - 2:16 PM

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