Higher for longer and rates might go up again: That's the message we’ve got from the Reserve Bank of Australia on interest rates.

 

Rating agencies have put the Victorian government on notice after it revealed state debt would climb to $188 billion in a budget that failed to cut spending

 

The scale of the Bonza collapse has been revealed in court with almost 60,000 customers affected and lawyers claiming they would need a stadium to hold the thousands of creditors.

 

Perpetual will be broken up and its 138-year-old name sold to private equity giant KKR as part of the biggest overhaul in its history.

 

The Australian Taxation Office is ramping up action against company directors as it chases $2.5 billion in unpaid taxes from businesses that have failed to pay superannuation, pass on GST or pass on income tax of employees.


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