September’s interest rate rise puts more pressure on struggling business owners, while avoiding difficult conversations can create problems of its own.

Following the RBA’s September rate rise to 4.6 per cent, CreditorWatch Chief Economist Ivan Colhoun explains why the economic outlook is more complicated than a straightforward slowdown. He explores how the AI investment boom could keep inflation elevated while creating opportunities for some businesses, and what small businesses can do to prepare for tougher conditions.

Then author and Junkee co-founder Tim Duggan explains how to approach workplace conflict without letting it damage relationships. Drawing on his new book, Clear in Tension, he shares a practical framework for difficult conversations and asks owners to consider the cost of leaving important things unsaid.

Resources:

Order a copy of Tim Duggan’s new book Clear in Tension: How to Get Better at Conflict

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Business Essentials is produced by soundcartel.com.au