Insolvency on the rise, as opposition attacks govt fund

An increase in company insolvencies above pre-COVID levels has prompted opposition concerns on the state of Australia’s manufacturing sector. New data has shown the number of insolvencies for 2023 overtook previous peaks in 2018 and 2019. Nearly 10,000 companies were deemed insolvent in the past year, an increase of almost 1000 from 2018 and 2019 […]

This post was originally published on Michael West.