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Tag Name: Small Business

Businesses feeling the impact as consumers stop consuming

Households significantly cut back on their spending during the 2023 calendar year, Australian Bureau of Statistics data has confirmed.   Inflation increased 4.1% during 2023, but household spending increased only 2.3% during the same period, which means the average household made fewer purchases.   Household spending varied markedly from state to state, rising faster than […]

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