While high interest rates may be impacting homeowners moreso when forced to sell under mortgage stress, the corporate world is not immune to these pressures which has claimed Beston Global Food Company (ASX: BFC) as the latest collapse.The food production company has entered voluntary administration, blaming a combination of post-COVID challenges, surging interest rates, and
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Another rough week for the now very stale bond bulls that show a startling level of misunderstanding of inflation. The reality is something we have written about many, many times since our first early warning in June 2020
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Published monthly financial statements show that, on an annual basis, the Government has firmly moved into a budget surplus. On an annualized basis, Individual tax receipts are growing at 13% pa, and company tax receipts are growing at 17% pa. Despite a slowdown in receipts through Covid, from January 2020 to April 2023, total revenue
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Interest rates can have a significant impact on the economy and the daily lives of Australians where the interest rate is set by the Reserve Bank of Australia (RBA) which meets on the first Tuesday of every month. For investors, interest rates can have a significant impact on the sharemarket in Australia and the performance
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