{"id":10211,"date":"2024-01-09T05:48:22","date_gmt":"2024-01-08T18:48:22","guid":{"rendered":"https:\/\/elementaa.com.au\/?post_type=weekly-digest&p=10211"},"modified":"2024-01-09T06:06:22","modified_gmt":"2024-01-08T19:06:22","slug":"weekly-digest-10-january-2024","status":"publish","type":"weekly-digest","link":"https:\/\/elementaa.com.au\/weekly-digest\/weekly-digest-10-january-2024\/","title":{"rendered":"Weekly Digest \u2013 10 January 2024"},"content":{"rendered":"
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy.<\/p>\n
In December, Tim Ayres, Australia\u2019s assistant trade minister, visited India to evaluate the advancements in the pact. The Economic Cooperation Trade Agreement, signed in April 2022 and effective from December 29, 2022, has already demonstrated positive outcomes<\/a>.<\/p>\n Families could be waiting until 2025 for home loan rate relief, according to a leading Australian economist<\/a> who has outlined a grim scenario for the next year.<\/p>\n A new survey has revealed 89 per cent of small businesses are concerned for their future<\/a>, with an expert warning anxiety among small business owners is worse than during Covid. The survey, commissioned by Precedent Productions, who run the Local Business Awards and the Australian Small Business Champion Awards, surveyed hundreds of small business owners from every Australian state in November last year.<\/p>\n After a bruising 2023, Aussies have something to smile about, with\u00a0retirement savings\u00a0increasing by nearly 10 per cent over the past 12 months<\/a>, outpacing the rate of inflation and withstanding market volatility.<\/p>\n Rising rental prices are likely to limit progress on inflation in Australia this year based on United Nations (UN) projections<\/a>.<\/p>\n Key market and currency watchers say the Australian share market is likely to outperform other major financial markets in 2024<\/a> and the Australian dollar will trade higher against the greenback with or without interest rate cuts.<\/p>\n Australia\u2019s \u201crollercoaster\u201d real estate market faces fresh peaks and troughs in 2024<\/a> as the prospect of falling interest rates contend with a recent slowdown in price increases.<\/p>\n Contact us if you have any questions or want to discuss the next steps for your business.<\/p>\n","protected":false},"featured_media":0,"comment_status":"close","ping_status":"closed","template":"","format":"standard","weekly-digest-topic":[],"weekly-digest-type":[],"weekly-digest-region":[],"acf":[],"yoast_head":"\nAustralian economy predictions 2024: Grim reason interest rate pain will continue<\/h2>\n
\u2018Never before seen\u2019: Small businesses in crisis<\/h2>\n
Superannuation funds delivered 9.6% return in 2023 but it was a bumpy ride<\/h2>\n
UN tips slow and steady inflation progress in Australia<\/h2>\n
How will the ASX, Wall Street, other share markets and the Australian dollar perform in 2024?<\/h2>\n
Australia\u2019s property market faces fresh peaks and troughs with slowing prices and interest rates tipped to drop<\/h2>\n
Get in touch<\/h2>\n