Latest rate rise of 4.85 per cent is ‘crushing’ for small businesses

Shadow Small Business Minister Jacinta Nampijinpa Price reacts to the latest interest rate rise, calling it “crushing” for small businesses. “Incredibly devastating for small businesses,” Ms Price told News24 host Chris Kenny. “The Albanese government has ensured a trifecta of failures in terms of higher rates, higher prices, higher paying for small businesses that are doing it really bloody tough.”