Cost of Living

‘Worse than COVID’: How local shops are feeling the economic downturn

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A woman sitting on a bench outside holding a mug.

Rising costs, fuel prices and bushfire-related closures are pushing regional Victoria’s small businesses to the brink, with owners saying they are struggling to stay open. The Reserve Bank raised interest rates by 0.25 percent on March 17, adding to the pressure on already struggling businesses. Since then, some workers say fewer people are going out … Read more

Colorado success – on the brink

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Colorado success - on the brink

By JJ Ament, Debbie Brown, Dave Davia, Loren Furman and Kourtny Garrett When a company leaves Colorado, no one wins; especially not line cooks, transport drivers, investors, or small businesses according to them. Often, business travel is criticized as an isolated or trivial event. They are not like that. Their departure is a sign of … Read more