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Business

Construction insolvencies on the rise as building approvals drop

This financial year has already seen hundreds of insolvencies in the construction sector as the number of approved...
01 September 2023 • By Miranda Brownlee

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Business

Bank lending to small business leaps 28% in FY2022–23

Total outstanding credit reaches almost $600bn with loans to small business up by one-third, the ABA says.
31 August 2023 • By Philip King
Business

COVID loan repayments to place further strain on SMEs

The first phase of government-backed loans lent to businesses during COVID are due in full at the end of this year,...
31 August 2023 • By Miranda Brownlee
Business

Inflation slips to lowest annual figure since last February

UPDATED: ABS data shows CPI on steady downward trend helped by falls in petrol and vegetable prices.
30 August 2023 • By Philip King
Business

How a wobbly drinks brand dodged last orders

Non-alcoholic beverages company Sans Drinks has become an object lesson in the benefits of voluntary administration,...
30 August 2023 • By Philip King
Business

Record 1.5m at-risk mortgage-holders await RBA move

After a dozen rate rises more than 640,000 have joined the ranks of stressed homeowners, the latest Roy Morgan data...
29 August 2023 • By Philip King
Business

Carbon Group expands in Sydney with Numeric Eight takeover

The bookkeeping and accounts management operation becomes the latest in a string of acquisitions for the Perth-based...
29 August 2023 • By Philip King
Business

Business registers ‘unfit for purpose without reform’

CPA Australia says the decision to bin the Modernising Business Registers Program leaves Australia trailing global...
29 August 2023 • By Philip King, Miranda Brownlee