Business insolvencies have surged to a record high but a new report suggests they may have peaked and there are promising signs for the embattled construction and hospitality industries.
ASIC will launch a review into debt fixers and credit repair companies, amid horror stories from customers who say they’ve been left in worse trouble than before.
The arguments inside the Reserve Bank of Australia boardroom by three members who unsuccessfully voted to slash interest rates this month have been revealed.
Qantas has been forced to set up its own version of the bat signal to serve papers on the cyber criminal behind an unnerving database hack.
Creditors have voted to liquidate the former owner of iconic retail chains including Rivers, Millers and Noni B amid investigations it traded insolvent before the $367m collapse.
The Reserve Bank Governor has revealed why it made the ‘soul-crushing’ decision to keep interest rates on hold despite a cut being widely tipped and an economy ‘on life support’.
A national fast food chain has collapsed, with its management company in liquidation under a mountain of debt and at least one franchisee facing bankruptcy
One of Australia’s leading post-production houses, which has worked on blockbuster films including Aquaman and Pirates of the Caribbean, has collapsed under $3.7m of debts.
The collapse of the premium bottled cocktail company marks another blow to the hospitality group behind now-closed Melbourne institutions The Everleigh and Bar Margaux.
Cars have always been a terrible investment and EVs just let you feel morally superior while you do it, says Barefoot Investor Scott Pape
Creditors of Australian surf retailer SurfStitch are facing huge losses of $15m, as administrators reveal the company’s stock has been locked up by its landlord.
It’s the calm before the storm. Right now, all indicators point to one chilling truth, the next major recession is looming and 2026 is a pivotal year, writes ASX Trader.
The CEO of over 50s lifestyle resort giant GemLife is having a good day, his personal fortune soared $20m in just 15 minutes after the Queensland company debuted on the ASX – marking an incredible tale from origins in a caravan park.
Brisbane Roar Football Club, already facing a tax-office wind-up, is under new pressure, with the recruitment firm that headhunted the club’s senior executives joining a bid to shut the club down.
Original URL: https://www.themercury.com.au/business/victoria-business/page/8