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What do interest rates mean for small businesses?

Published On
18 September 2022
Category
About Sole
interest rates

Increasing interest rates have made headlines across the country, but what exactly does it mean for your small business? Check out a quick bite to find out what it can mean for your business.

Where to go for more information on interest rates?

The RBA website shows the current interest rates, but this may be hard to consume. All major news outlets should provide information when an increase in interest rates is expected. It is always recommended to work with your financial advisor or accountant to help plan and pull together a strategy to manage these increases.

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