New Zealand companies as likely AUKUS partners

Former New Zealand Prime Minister Helen Clark has fired a new broadside against the government over its changed strategic direction after it was confirmed that Wellington was consulting with AUKUS members about New Zealand's participation in the military cooperation treaty. Under the agreement, Australia will have nuclear-powered submarines by the 2030s and begin building its … Read more

Owners in distress as companies go bankrupt

More companies than ever before were placed into receivership last year, according to a study. Supporters point out that inflationary pressures are affecting numerous industries. Representatives of the Australian Corporate Regulatory Authority said during a parliamentary inquiry into the cost of living crisis that 11,053 companies were placed into administration in the 2023/24 financial year.

Regional companies are caught in a “spiral” as housing construction, cost pressure, wage tax and tourism undermine confidence

Throughout the Cape Region, entrepreneurs are at the end of their strength. The housing and cost of living crisis has put some private providers under pressure to close, and competition from the mining sector is calling the future of some services into question.