The worrying rise in corporate busts – The Australian Financial Review

Liquidation

Opinion More businesses are looking down the barrel of insolvency, as an economic slowdown crimps sales and squeezes profit margins while borrowing costs soar. Karen MaleyColumnist Oct 17, 2023 5.50pm Companies are collapsing at the fastest clip in years, as soaring interest rates push their borrowing costs sharply higher, while slowing economic activity is causing…