Ernst & Young Australia (EY Australia) said it is looking to “right-size the company’s cost base” as it proceeds with an expressions of interest campaign. The liquidator is currently in discussions to resume “critical routes” in the short term to …
One thought on “The Australian economy is in meltdown”
RBA is the biggest culprit. 13 consecutive interest rate rises have put the economy in reverse gear. It has a spiralling effect. Businesses are closing or downsizing leading to job losses. There is hardly any optimism for business owners.
RBA is the biggest culprit. 13 consecutive interest rate rises have put the economy in reverse gear. It has a spiralling effect. Businesses are closing or downsizing leading to job losses. There is hardly any optimism for business owners.