Wages stories
Mortgage and business borrowing costs have climbed to their highest in 18 years after the Reserve Bank of Australia's 25 basis point move.
Hiring improved in the September quarter as small business jobs rose 3.9%, though wage growth slowed and sector performance stayed uneven.
Sales growth for Australian small firms eased to 5.2% in the September quarter, even as construction remained among the strongest sectors.
Pay is the main draw for most young Australian workers, with 72% saying wages that keep up with living costs top their job list.
The latest figures point to weaker demand and tighter margins, with employment across Australian small businesses down 0.6% in July.
A softer August reading may not spare borrowers, with CreditorWatch warning that broad-based price pressures still point to another RBA hike.
Residential builders face rising defaults and insolvencies as Australia's AUD $150 billion data centre pipeline squeezes labour and materials.
Softer core inflation has given households and businesses a reprieve, but the RBA says housing and wage pressures still threaten progress.
Australian workers with digital skills can command pay rises of up to 26% as employers demand them in nearly nine in 10 job ads.
Higher borrowing costs for households and businesses may be back by November as inflation risks remain tilted to the upside, CreditorWatch says.
Higher-than-expected price rises cut global real salary growth to 0.6% in 2026, leaving workers with weaker purchasing power in most countries.
Agriculture and high street firms dragged on UK small business growth as sales rose just 4.0% in the September quarter, below normal levels.
The shift signals a younger, larger labour force at small firms, with average headcount up 44% since 2019 and separations down to 27%.
A survey of 500 financial decision-makers found cash flow pressures stopped 39% of UK B2B SMEs from pursuing growth last year.
The shift could widen gaps in what customers pay for the same meal and sharpen scrutiny of how far the chain can steer franchisee prices.
Lower taxes and energy bills could unlock hiring at UK small firms, with 38% saying they would recruit more staff if costs eased.
Public anxiety over jobs, power bills and harmful content is pushing AI to the centre of New Zealand's election campaign.
Productivity pressures are forcing Canadian SMEs to pair cautious hiring with heavier AI spending, even as optimism about growth stays firm.
More than two in five Irish professionals now fear AI could affect their jobs, even as most remain confident their skills will still count in three years.
AI worries are prompting more Irish workers to upskill as 41% fear their roles could be affected, a survey found.