Small Biz Matters – a half hour program each week where you can work ON your business rather than IN it.
with Alexi Boyd from Boyd Office Management Services
Date: 30 April 2019
Whilst the economy isn’t in the driver’s seat when it comes to controlling our business its a factor we should all have at the back of our minds. Why? Because although we Small Businesses are the “engine room” of the economy the decisions made by the Reserve Bank of Australia mean they’re the ones with their hands on the steering wheel.
Aside from a couple of units of Ross Gittins inspired Economics at school, TAFE or Uni degrees from which we remember not much, our ongoing education around the economic drivers is non-existent. But we should have our finger on that pulse and really understand the affects their actions have on our small businesses.
Here today to share with us their expertise is Scott Shuttleworth, Founder and Portfolio Manager at Vega Capital. His background in economic analysis perfectly positions Scott to help us understand the butterfly effect the RBA’s decisions, actions and even words has on our individual businesses.
Welcome to the show Scott.
What economic factors have the biggest impact on your business?
Other counctrie 9:17am
WHat does the RBA do? 9:20am
What is the RBA and how does the RBA control the economy?
What is the RBA doing when it manipulates the cash rate?
What about the Unemployment rate?
Economic theory around cash rate and employment
Learning from the past
To find out more go to their website: https://vegacapital.net
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