Anneke Thompson

Australian businesses have been urged to prepare for a tough year ahead, as a major industry report paints a dire picture of many Aussie companies going under. CreditorWatch’s Business Risk Index for October found that Aussie business…

A builder that specialises in educational facility upgrades and associated works has become the latest casualty in Australia’s construction industry crisis. Proclaimed “industry-leading” Melbourne construction company Interface…

Australia’s largest brick manufacturer has become the latest casualty in the nation’s construction industry crisis, with the company forced to close down a major plant in the country’s west.Concrete block and brick producer Brickworks…

Rumours are swirling that some of Australia’s best-loved restaurant chains could be on the chopping block as part of major cost-cutting measures.It is understood that Quadrant Private Equity’s Pacific Hunter hospitality group is currently…

Hospitality businesses are the highest at risk of going under, with the construction sector following closely behind. A CreditorWatch business risk index report found the food and beverage sector remains the most at risk of insolvency with…

In the heart of Sydney’s Chinatown exists a local institution, with clientele made up of loyal consumers with no issue travelling from far and wide for its array of delicacies. On a gloomy Monday morning, eager customers filtered through…

Bleak post-Covid economic conditions have continued to wreak havoc on the hospitality sector, with another two formerly bustling establishments being forced into closure. Popular South Australian eatery, Seed Clare Valley, this week…

A quick glance over Australia’s leading news outlets has revealed a terrifying trend sweeping the nation – and there’s more grim news ahead. At Queensland’s Courier Mail, one alarming headline screams: “Industry a ‘shambles’ as national…

With Aussies stretched to the limit amid soaring cost of living pressures and skyrocketing interest rates, experts are sounding the alarm over a fresh crisis to come.Based on previous economic trends, it’s now clear that conditions are…

Australian homeowners have been hit with another knock to their repayment efforts with the Reserve Bank of Australia announcing a fresh interest rate hike.The shift is a 0.25 per cent rise and takes the cash rate to 2.6 per cent, the…