A growing number of consumers are shunning family-run local shops in favour of large businesses, a situation Small Business Minister Kelly O’Dwyer warns could put jobs at risk.
Attending the official launch of ‘Shop Small’ in Melbourne on Monday, Ms O’Dwyer says without small businesses half of the private sector workforce could find themselves unemployed.
WATCHING your bank account dwindle by $930 billion in five years is a scary prospect. But that’s the reality facing one of the world’s richest countries, which could run out of cash by 2020.
Shares in Asia were mixed as investors continued to look towards the US Federal Reserve’s meeting later on Wednesday.
Source: Asian shares mixed on Wednesday ahead of Fed meeting – BBC News
Global markets drop ahead of tomorrow’s decision on interest rates by the US central bank.
With concerns over the global economic outlook intensified by another Chinese rate cut, all eyes are on the FOMC meeting this week, where investors will be looking to see if the Fed give any clear indication of when a rate rise is likely, or whether they’re poised to keep the markets guessing…Within this report Colin discusses:• What to expect from the October meeting• The last FOMC meeting and how markets reacted• How the Fed itself has reacted since the last meeting
Andrew Phillip Chernoff 