Australian businesses

Just about everywhere you look, there are worsening signs that Australia is no longer the lucky country.From record-high rents to skyrocketing mortgages, a cost-of-living crisis to the alarming emergence of a ‘working poor’ population, the…

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…

Anthony Albanese has arrived in China on a mission to stabilise the relationship with Australia’s largest trading partner.The Prime Minister received a red-carpet welcome by China’s top diplomat in Australia, Xiao Qian, Australia's…

The boss of one of Australia’s big four banks is urging businesses to brace for impact, after delivering a grim economic outlook for the years ahead.Despite the nation’s inflation rate dipping by 0.8 per cent from its December peak, ANZ…

A billionaire is raising eyebrows after splashing her cash on a $9 million penthouse with an absolutely hideous bathroom. Gretel Packer, the daughter of media tycoon Kerry Packer, snapped up an apartment in the plush Sydney suburb of Potts…

Three Australian companies have collapsed in the past 24 hours with one involved in mining transport and the others responsible for property development.It comes amid a chilling warning that a wave of insolvencies are about to hit…

An Australian fintech unicorn – which is valued at $A7.91 billion ($US5.5 billion) – could cash in on the catastrophic collapse of Silicon Valley Bank as companies scramble to open US accounts to receive funds caught up in the bank’s…

Yet another bank is set to benefit from the cost of living crisis while regular punters worldwide struggle to keep a roof over their heads as a global recession looms. Multinational investment bank JP Morgan Chase & Co, which has…

Consumers are up in arms over a tactic being used in the hospitality sector to beef-up bottom lines while offering no additional service. Businesses directing customers to use their QR code tablets to order food and drinks have been called…

New research claims 50 of Twitter’s top 100 advertisers have stopped advertising on the platform after Musk’s AU$66 billion takeover. The non-profit media watchdog Media Matters for America published the report on Tuesday, which claimed…