Page 4 - Patrick Coghlan News Today

Australia is expected to narrowly avoid a recession in the next year, despite higher interest rates and global...

Australia is expected to narrowly avoid a recession in the next year, despite higher interest rates and global...

Australia is expected to narrowly avoid a recession in the next year, despite higher interest rates and global...

China's softening economy is being closely watched for its impact on Australian business and consumers.

The credit reporting agency has raised concerns over a significant rise in insolvencies, particularly in the construction and retail trade industries. Creditorwatch’s latest report: ‘Safeguard yo

CreditorWatch has released a ground-breaking report titled 'Safeguard your Business from Insolvency.'

The cost of serving up a sandwich with a cup of coffee has hit the roof across Australia’s vaunted cafes, squeezing profits and forcing a wave of closures for those that managed to survive the Covid slump.The A$10 billion Australian cafe...

According to the June 2023 CreditorWatch BRI, businesses are facing increasing stress and the rates of insolvencies.

CreditorWatchs monthly Business Risk Index showed defaults on payments between businesses reached a record high of 1,586 in June, increasing the risk of insolvencies across the economy as household spending slows and further interest rate rises loom.

Treasurer Jim Chalmers said a healthier budget would give the government more flexibility to respond to economic challenges in the future.