According to the Australian Financial Security Authority (AFSA), 344 people who entered personal insolvency in December 2025 were also involved in a business, up from 249 a year earlier – a 38% year-on-year increase, BrokerNews.com.au reported. That December figure has climbed steadily over four years, from 163 in 2022 to 232 in 2023, 249 in 2024 and now 344, pointing to a structural shift rather than a single-month anomaly.
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Australia's central bank was forced to reverse course and raise interest rates on Tuesday as it struggles to bring inflation under control in a supply-constrained economy, leaving markets wagering further hikes would be needed this year, Reuters reported. The Reserve Bank of Australia now joins the Bank of Japan as the only other developed-world central bank tightening policy at the moment. Markets are still priced for rate cuts in the U.S., UK and Canada, while the European Central Bank is widely expected to be on an extended pause.
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Australian consumer prices rose by less than forecast in November, data showed on Wednesday, but core inflation showed enough stickiness that investors still saw a risk interest rates would have to be hiked as early as next month, Reuters reported. The Australian dollar initially slipped but was back to where it was, at $0.6734. Three-year government bond futures rose 5 ticks before giving up gains to be slightly lower on the day at 95.78. Investors still see a 33% risk that the Reserve Bank of Australia will be forced to hike rates again in February.
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