Personal insolvencies are spiking as the cost-of-living crisis continues to bite and business failures trigger a ripple effect – and there’s more to come, says insolvency and business turnaround specialist Jirsch Sutherland.
The...
As Australia’s official cash rate continues to rise, cost of living spikes and pay rises fail to keep pace with surging inflation, we might be heading for a personal and corporate insolvency...
Small businesses should have better access to ‘debt hibernation’ instead of being made insolvent when they face a crisis beyond their control, so they are better able to pursue a credible restructure,...
The latest Business Stress Report released by insolvency specialist firm, Dissolve, highlights a significant and unexpected downturn in corporate and personal insolvencies in Australia since the Covid outbreak.
But rather than be a...
