Businesses brace for higher costs, hope for lower rates

Australian small to medium enterprises expect the cost of doing business to rise this year but are keeping their sights on a reprieve from the Reserve Bank. A NAB survey found 22 per cent of businesses expect to see profitability decrease over the next year. Australian small to medium enterprises expect the cost of doing business to rise this year but are keeping their sights on a reprieve from the Reserve Bank. A NAB survey found 22 per cent of businesses expect to see profitability decrease over the next year. Small Businesses, Inflation, Productivity Latest business news