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The Latest Breaking News from Patrick Coghlan

Insolvencies at record highs, set to rise on Iran war

Australia's most essential industries are exposed to major risks from the ongoing conflict in the Middle East, as surging oil prices weigh on economic growth.

AAP · Mar 25

Owners dipping into pockets with business finance tight

Tight lending conditions force proprietors to keep their businesses afloat with personal funds, according to a survey showing optimism for the year ahead.

AAP · Oct 8, 2025

Restaurants, building firm insolvencies remain high

CreditorWatch data has found business insolvencies remain historically high, with two key sectors bearing the brunt.

AAP · Jul 22, 2025

From analysis to the latest developments in health,
read the most diverse news in one place.

Big bite on spending swallows up hospitality businesses

A record-high 9.4 per cent of food service and hospitality businesses shut their doors in the year to March as cost pressures weighed heavily on households.

AAP · Apr 14, 2025

Business conditions eased in January, survey indicates

The average value of invoices between businesses in January fell to its lowest level since 2015, while trade payment defaults have been trending upward.

AAP · Feb 15, 2023

Savers finally seeing interest rates boost

Some banks are now trying to entice customers to put their money into savings accounts by offering some of the highest interest rates seen in years.

AAP · Sep 13, 2022

Australian grocery delivery startups face funding difficulties as venture capital checks out

Supply chain issues and inflation dampen investor enthusiasm for ‘disruptive’ businesses as two companies collapse from unsustainable costs

The Guardian - AU · Jun 5, 2022

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