Insolvencies Are Well-Above Pre-COVID Levels and Rising

In my December 2022 article, I predicted that when insolvencies started to surge in the Australian economy, the worst casualties would likely be in construction.1 It’s taken a while for my predicted post-COVID day of reckoning to arrive in Australia. But it is here.

Filed under:
Asia-Pacific, Australia, Insolvency & Restructuring, FTI Consulting Asia Pacific, Supply chain, Australian Taxation Office, Australian Securities and Investments Commission
Authors:
John Park
Location:
Asia-Pacific, Australia
Firm:
FTI Consulting Asia Pacific