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Finance
RBA leaves cash rate on hold at 2.75%
The cash rate remains unchanged at 2.75% following today's RBA monetary policy board meeting.
TZ Limited bookkeeper sentenced for $130,000 fraud: Three other major bookkeeping fraud cases
A former bookkeeper of logistics group TZ Limited has been sentenced after pleading guilty to making false entries worth approximately $130,000 in the company's books.
Cleaning company with 2500 employees and $92 million turnover collapses
Administrators have been appointed to cleaning giant Swan Services after the business suffered losses from a number of unprofitable contracts.
More rate cuts expected soon as business applauds RBA’s shock decision
The Reserve Bank’s decision to cut the official interest rate to the lowest point in over 50 years has been welcomed by economists and business groups, although they warn it may precede lower growth targets in next week’s federal budget.
ASIC warns number of faulty liquidators’ reports is on the rise
The number of inadequate declarations by Australian liquidators increased by 10% last year, a new report from the corporate watchdog has revealed.
Liquidators launch insolvent trading proceedings against Tinkler
Liquidators for company Mulsanne Resources are launching proceedings against Nathan Tinkler’s business for allegedly trading while insolvent.
Insolvency practitioners call for crack down on phoenix companies, but it’s not so simple
The insolvency industry warns more needs to be done to police the growing problem of phoenix companies.
Business borrowing on the rise, but small businesses set for a struggle
SMEs in ‘risky’ sectors, including retail, manufacturing or mining, are forced to pay higher interest rates by the major banks.
Business confidence improves in December on good news for world economy: NAB survey
Economic improvement overseas has led to a jump in business confidence during December, according to the NAB monthly Business Survey.
