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Major cosmetic chain on the brink of collapse

Body Catalyst, a non-surgical cosmetic medicine chain with 29 clinics across Australia has gone into administration, with major concerns for the company’s future.The 45 companies associated with the business, which was founded by Samantha…

Australia on brink of financial ‘armageddon’

Australians are flocking to Google with their mortgage woes and one in 50 homeowners are in “severe financial stress” amid back-to-back interest rate hikes over the past 18 months. The Reserve Bank of Australia (RBA) revealed on Friday that…

Entire industry on the brink as collapses soar

The number of business insolvencies surged to its highest level since 2015 in the three months to September 30, with construction industry collapses leading the way. The data, from the Australian Securities and Investments Commission (ASIC)…