Nearly 250 manufacturers collapsed amid sustained high inflation and higher borrowing costs over the past six months, new data from Australia’s corporate watchdog shows. The increase in insolvencies comes as businesses wait for support from the Albanese government’s $15 billion flagship industry program to start flowing. Data from the Australian Securities and Investments Commission, released...

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» Almost 250 manufacturers go bust in six months | Brandon How | radiofree.asia | https://radiofree.asia/2024/01/17/almost-250-manufacturers-go-bust-in-six-months/ | 2024-05-13T22:07:56+00:00

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