The RBAs latest growth forecasts indicate a further weakening in GDP growth and increasing interest rates. This will result in many companies, already diminished by two years of severe commercial disruption borne of COVID-19 impacts, facing continuing financial challenges. These are poised to increase due to the worsening economic climate, creating several headwinds for companies under financial pressure.
It is critical for companies facing upcoming financial pressure to engage as early as possible with the problem.
The second half of 2022 was difficult for many companies to raise equity at all. For companies with balance sheets under pressure, even if they were successful in raising equity at all the price was deeply discounted – and o…
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