Why some of your favourite stores are closing their doors | The enterprise

More retailers are going out of enterprise as consumers shut their wallets in response to elevated finance charge rates and the higher cost of living. Data from ASIC shows that insolvencies in the retail sector have more than doubled in the past two years. The National Retail Association wants to see the federal government deliver … Read more

Banks are catching home loan 'liars' | The company | ABC News

There’s evidence of a three-fold increase in ‘liar loans’ on home loan applications, according to new data. More people trying to break into the property industry are either overstating their earnings or understating their costs but the banks are catching them out. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2023-12-05/more-liar-loans-as-people-see-higher-finance charge-rates-house-prices/103167392 The data comes as hundreds of … Read more