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SMEs owe $34 billion in tax debt. Now, thousands are closing down.
SMEs are the largest cohort of businesses with tax debt defaults, owing the ATO a formidable $34 billion.
B2B payment defaults reach record high as cost-of-living pressures bite
Businesses with one default have a 24 per cent chance of going insolvent in the next 12 months, rising to 42 per cent fo...
Business activity on the rise but invoice values still below pre-pandemic levels
CreditorWatch underscored that persistently low invoice values are a cause for concern in a high-inflation environment.
ABS data shows a retail rebound in January
The accommodation and food services sectors continue to fare poorly in terms of the probability of defaults and payment ...