The Latest Breaking News from Wes Lambert

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

As the major parties vie for the affections of small businesses in the federal election, Labor has promised to extend asset write-off support for another year.

Australia's worsening hospitality labour shortage is sparking fears the Christmas rush could be the final straw for remaining workers.

Sydney's small restaurants and bars are feeling the bite from rising ingredient prices, rent hikes and staff shortages in a fatal double blow that is forcing some hospitality venues to close their doors.

If minimum wage rises it’s ‘only a matter of time’ before cafes charge $7 for a coffee, employers say