by Shared from Investor Daily | Jul 13, 2022 | News
In a statement, the bank said it is yet to reach an agreement with KKR and there is no certainty the acquisition will proceed. “Should the transaction proceed it would be subject to regulatory approvals, including from the Australian Competition and Consumer...
by Shared from accountantsdaily.com.au | Jul 13, 2022 | News
Key indicators, such as trade receivables and trade payment defaults, are heading the wrong way it said while an “unfortunate economic cocktail” is likely to lift insolvency rates over the rest of 2022. Read more at Accountants Daily
by Keeli Cambourne | Jul 12, 2022 | News
Confidence fell to a below-average +1 index point as fears over the negative economic conditions impacted household consumption that was particularly evident with confidence in the retail sector taking a significant hit. Business conditions declined by a more modest...
by Keeli Cambourne | Jul 12, 2022 | News
The call from the National Retail Association followed the release of the RBA’s Retail Payment statistics. NRA chief executive Dominique Lamb said the RBA and policymakers have an opportunity to implement least-cost routing measures to assist small retailers as they...
by Keeli Cambourne | Jul 12, 2022 | News
Despite a modest rise in the index of 0.9 per cent, the figures reveal that this was due mainly to the higher prices of fuel and food. The marginal rise in the index – which combines Commonwealth Bank of Australia (CBA) payments and lending data and Google Trends...