WESTERN Australia has registered a sharp increase in the number of individuals going bust.
Fresh figures on personal bankruptcies reveal that bankruptcy rates in Western Australia increased by almost 13% by the end of 2008 (more…)
AUSTRALIAN businesses fear the next three months will be their toughest quarter yet - they fear the financial crisis will keep driving down sales, profits and employment levels.
A nationwide survey of 1200 companies revealed more than 50% were preparing for a drop in sales, while 59 per cent expected lesser profits. (more…)
The RBA governor has not ruled out cutting interest rates in January - a month when the RBA board does not normally meet. (more…)
CONSUMERS are racking up more than $1 billion in cash advances on their credit cards in a single month - a 14 per cent increase on the same time last year. (more…)
TWO-thirds of small businesses in NSW are failing to prepare for the future by doing a business plan (more…)