'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, 202341 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.