CreditorWatch stories
Data centre demand is keeping Australian builders busy and may prolong labour and materials shortages even as home approvals start to ease.
Higher household spending and stubborn inflation have strengthened the case for the Reserve Bank of Australia to lift rates again in September.
Higher borrowing costs loom for Australian households after July's trimmed mean inflation reading came in well above the Reserve Bank's target path.
The deal should help restaurants steer phone orders towards higher-margin dishes while easing pressure on staff and margins.
The slight lift to 4.5% in July was mostly rounding, with labour demand still holding up enough to avoid signalling a broad slowdown.
Higher costs and weaker consumer spending have pushed Australia's hospitality sector into its worst strain in years, with arrears at record highs.
Persistent inflation and weak household finances leave the Reserve Bank of Australia facing another possible rate rise before year-end.
Softer core inflation has given households and businesses a reprieve, but the RBA says housing and wage pressures still threaten progress.
Higher borrowing costs for households and businesses may be back by November as inflation risks remain tilted to the upside, CreditorWatch says.
Rising unemployment and softer hiring demand may keep the Reserve Bank of Australia cautious as it weighs the labour market outlook.
More than 35,000 Australian businesses now face heightened failure risk as ATO debts above AUD $100,000 coincide with rising defaults.
Households and firms face renewed pressure, as mixed survey data point to the Reserve Bank of Australia staying tight and possibly lifting rates again.
The Australian credit-reporting firm plans to expand staff and technology after Warburg Pincus agreed to invest, with terms undisclosed.
Investment in AI infrastructure is boosting building work, with non-residential approvals jumping 41% in NSW and Victoria in May.
Rising costs and overdue invoices are squeezing Australian SMEs, with late payments now at a six-year high, Earlypay says.
Unemployment held above the Reserve Bank of Australia's forecast in May, keeping interest rate markets guessing despite a 40,300 jobs rebound.
Insolvencies in the industry are now more than three times the national average, as diesel, landfill levies and debt costs squeeze margins.
Higher housing and wage pressures are keeping Australian inflation too hot for the Reserve Bank to rule out another rate rise as soon as November.
Higher borrowing and living costs have pushed household sentiment close to the survey's weakest level in 50 years.
Rising fuel and wage costs could keep Australian prices elevated for months, complicating the Reserve Bank of Australia's inflation fight.
