Personal insolvencies to soar in 2025 as rental crisis bites
The Australian Financial Security Authority expects a significant surge in the number of personal insolvencies lodged during the next 18 months.
The Australian Financial Security Authority expects a significant surge in the number of personal insolvencies lodged during the next 18 months.
The boss of one of Australia’s largest banks says the Australian economy is OK and businesses are optimistic but he concedes many customers are being hammered by restrictive interest rates.
Aussie companies with US-based supply chains and operations could be among the best buys for investors heading into 2025 amid Donald Trump’s America first policies.
The prudential regulator will take further action to enforce valuation and liquidity risk requirements after half of probed super trustees failed to pass.
Australia more than doubled its number of female billionaires in the past year as the country’s richest saw their wealth grow much faster than household salaries.
Westpac’s outgoing chief has told investors more needed to be done to tackle climate change as a coalition of shareholders demanded action at the AGM.
Finance chiefs at Australia’s largest listed companies are confident that the economy will turn around in 2025 on expectations of easing inflation and households deploying their cash savings.
Receivers overseeing the embattled Mosaic Brands retail group will close 160 stores and kill off the once popular Katies chain within weeks.
Insurance giant IAG says it did not mislead customers despite a law firm’s allegations an algorithm was used to increase base premiums on customers least likely to switch insurers.
The devastating arson attack on a Melbourne synagogue has ignited an extraordinary response of unity, resilience and hope.
Original URL: https://www.theaustralian.com.au/author/matt-bell/page/6