365NEWSX
365NEWSX
Subscribe

Welcome

'I'm not sure how much longer I can keep the doors open': Struggling businesses brought to their knees by interest rate rise - Nine Shows

'I'm not sure how much longer I can keep the doors open': Struggling businesses brought to their knees by interest rate rise - Nine Shows

'I'm not sure how much longer I can keep the doors open': Struggling businesses brought to their knees by interest rate rise - Nine Shows
Feb 08, 2023 41 secs

Last week I got a letter from my electricity supplier telling me my power will rise by over $9000 this year," said Bart Hatzi, owner of Nadia's cafe in Sydney's west.

Small business owners Bart Hatzi, Gino Piccirilli and Justine Hunter.

"I can't get to the point of saving for a rainy day, because for me it's been pouring for years," said Justine Hunter, who runs a dog walking business.

Bart Hatzi, owner of Nadia's cafe in Sydney's west, speaks to A Current Affair reporter Brady Halls.

"But some clients realise with the household working and an animal locked up all day, they need a dog walker.

From inflation and interest rates to supply chain issues and the weather; all those factors have driven up the cost of living - and we've all been feeling the heat on our hip-pockets.

Summarized by 365NEWSX ROBOTS

RECENT NEWS

SUBSCRIBE

Get monthly updates and free resources.

CONNECT WITH US

© Copyright 2024 365NEWSX - All RIGHTS RESERVED