#Recession #Economy #HeiseSays
With external administrations climbing back up to historic averages has the Bankruptcy Boom Arrived?
References
Spike in ‘zombie’ companies going into administration fuels fear of insolvency wave
https://www.news.com.au/finance/business/spike-in-zombie-companies-going-into-administration-fuels-fear-of-insolvency-wave/news-story/9e2cdac83aa8c7af7352e24424c79cbb
Insolvency statistics – Series 1 Companies entering external administration and controller appointments
https://asic.gov.au/regulatory-resources/find-a-document/statistics/insolvency-statistics/insolvency-statistics-series-1-companies-entering-external-administration-and-controller-appointments
Business Risk Review: February 2021