Mortgage insurer Genworth's net loss of $107.6m in 2020 signifies a 'challenging' market, with government stimulus 'interrupting' the usual flow of business.
The latest data indicates insolvencies in the retail and hospitality sectors are up 35% over the past fortnight, with numbers at a six-month high in hospitality.
The Australian Council of Social Service has once again called for the JobSeeker rate to be lifted permanently, as new figures suggest unemployment is as high as 12%.