Economy

Data from the Australian Securities and Investments Commission (ASIC) has highlighted a strong uptake in the number of small businesses leveraging restructuring processes to help stay afloat ...

As 30 June approaches, Moneytech has urged brokers and their SME clients to capitalise on tax incentives and prepare for the financial year 2026.

Studies have revealed a drop in the number of mortgages being taken out for new builds as construction fails to keep up with demand.

Data released yesterday (19 June) by the Australian Bureau of Statistics (ABS) revealed that the unemployment rate remained between 3.9 and 4.1 per cent for the past 18 months.

A recent study has revealed that nearly a fifth (17 per cent) of Australian SMEs would collapse if they lost just one major client.

The recent cash rate cuts in 2025 provided some optimism for consumers. The relief may be short-lived, however.

A recent study has analysed the business boom hotspots across the country as well as the industries that are rising the fastest.

After weeks of discussions and debate, the Fair Work Commission has released its highly anticipated Annual Wage Review for 2025.

While the recent interest rate cuts will offer relief for borrowers, reports claim arrears are likely to remain unchanged.

Following the Reserve Bank’s decision to reduce the cash rate by 25 bps, industry heads have weighed in to offer some perspective.