Rates hikes hit household spending as businesses brace for downturn | The Business | ABC News



It’s not just mortgage borrowers feeling the pinch, small businesses are starting to see sales drop as customers cut back on spending. Subscribe: http://ab.co/1svxLVE Read more here: https://ab.co/3lcBIGO

ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It’s news when you want it, from Australia’s most trusted news organisation.

For more from ABC News, click here: https://ab.co/2kxYCZY
Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
Like ABC News on Facebook: http://facebook.com/abcnews.au
Follow ABC News on Instagram: http://instagram.com/abcnews_au
Follow ABC News on Twitter: http://twitter.com/abcnews

Note: In most cases, our captions are auto-generated.

#ABCNews #ABCNewsAustralia #breakingnews

source

Scroll to Top