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The Reserve Bank is spending millions on furniture. Why?

In the latest episode of Talking Business, Leon and Garry discuss the bucketloads of profit BHP Billiton recently announced – a 71.5% jump to over $1.1 billion, no less. And it seems it’s something of a trend, with Westfield, Wesfarmers, Bendigo and Adelaide Banks, and Dominos Pizzas also announcing significant profit growth.

Australian companies’ payment behaviour reveals unnerving pattern: Is our economy really recovering?

According to the latest trade payments analysis by Dun & Bradstreet (D&B), the payment terms of Australian firms have risen for the third consecutive quarter.

Australian companies' payment behaviour reveals unnerving pattern: Is our economy really recovering?

According to the latest trade payments analysis by Dun & Bradstreet (D&B), the payment terms of Australian firms have risen for the third consecutive quarter.

Despite recovery, more companies are at risk (D&B)

Close to 38,000 Australian firms are a high risk of distress this financial year, despite signs the Australian economy is on the mend. New data from Dun & Bradstreet (D&B) shows that the number of firms at risk has continued to rise over the past fifteen months, from around 34,000 in Q2 2008 to almost 38,000 in the June quarter of 2009.

Despite recovery, more companies are at risk (D&B)

Close to 38,000 Australian firms are a high risk of distress this financial year, despite signs the Australian economy is on the mend. New data from Dun & Bradstreet (D&B) shows that the number of firms at risk has continued to rise over the past fifteen months, from around 34,000 in Q2 2008 to almost 38,000 in the June quarter of 2009.

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