Rental, hiring and real estate services were among the industries that fared worst as external administrations jumped 14 per cent in Western Australia for the September quarter, as insolvency experts warn that an economic rebound has not yet clearly emerged.
Around 260 WA businesses entered administration in that three month period, up from 228 in July, according to the latest numbers from the Australian Securities and Investments Commission.
That was down from 300 businesses in the same quarter last year.
Using a year-on year basis insolvencies were 12.7 per cent higher than in the 12 months to September 2015, at 974.
HLB Mann Judd principal Kim Wallman said the numbers highlighted that it was a difficult climate.
Our enquiry rate for people…
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