TD Securities chief strategist Stephen Koukoulas said inflation was
accelerating to concerning levels and was above the top end of the RBA target
range.
"With the economy also picking up and wages growth rising, the RBA will be
increasingly keen to increase interest rates to guard against an even more
dramatic inflation problem in 2006," Mr Koukoulas said.
It is uncertain what that will mean for business in the short to medium term, however it does present an excellent opportunity to review business expenditure and determine if it has an impact on your business' profitability.
If you would like assistance in improving the profitability your enterprise, call our strategic alliance partners The Centre For Business Success for an obligation free meeting.
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