Australian economy stories
Many Australian small business owners cannot tell if they made a profit, prompting Xero to offer free mentoring and lessons.
Softer core inflation has given households and businesses a reprieve, but the RBA says housing and wage pressures still threaten progress.
The inquiry could shape rules on jobs, safety and public services as firms warn that overreach may drive investment offshore.
Economic uncertainty and labour shortages are tempering optimism, even as 73% of construction leaders say Australia's sector has been stable over the past year.
Higher borrowing costs for households and businesses may be back by November as inflation risks remain tilted to the upside, CreditorWatch says.
Shoppers could face higher prices, fewer choices and longer waits as Australian companies pass on rising supply chain costs.
Fresh capital will let the fintech expand checks on international students' living funds as universities tighten oversight of visa compliance.
Australian households are cutting bills by up to 80% after taking low-interest loans for solar, batteries and electric appliances.
More than half of young adults are shifting cash between accounts to dodge failed transactions, a survey found.
Rising online fraud and a 2027 digital assets regime are pushing banks and fintechs to upgrade infrastructure as adoption accelerates.
Rising regulatory pressure could force banks, merchants and payment firms to tighten controls on AI and card costs as Australia reforms payments.
The top-up will lower borrowing costs for small firms buying solar, batteries and electric vehicles as energy bills and inflation bite.
Labour shortages and rising client demands could be eased if more firms adopt AI, MYOB says, boosting annual revenue by AUD $4.8 billion.
Higher borrowing costs and fuel prices have cooled discretionary spending, leaving consumer-facing firms under pressure as sales growth slowed.
Lower speculative building and rising costs are squeezing tenant choice, with national industrial vacancy down to 3.7% after two years.
Borrowers who seek help before falling behind on mortgages are far more likely to recover, with 87% back on track within six months.
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.
Fresh capital will help Vertical Aviation refinance bank debt and fund aircraft buys as private credit gains ground in Australian lending.
Delays in transformers, cooling gear and servers could slow Australia's data centre boom as AI demand strains global supplier networks.