Categories
Economy Recession

Has The Bankruptcy Boom Arrived? | External Administrations up 61%

With external administrations climbing back up to historic averages has the Bankruptcy Boom Arrived?

#Recession #Economy #HeiseSays

Watch on YouTube

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