AUSTRALIA- Page 2

Record number of cafes and restaurants going out of business

Australian households are increasingly turning away from cafes and restaurants, with new data revealing a record number of food service businesses have shut their doors over the past year. According to CreditWatch’s January Business Risk Index, 10.4 per cent of food service…
18 February, 2026

Capital Gains Tax discount reform under consideration

Speculation is intensifying that one of Australia’s most controversial tax concessions, the capital gains tax (CGT) discount, may undergo significant reform as a central feature of this year’s federal budget. Senior government ministers have stopped short of ruling out any changes, following…
6 February, 2026

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