Key Facts:
- GT Advisory & Consulting has reviewed FY2026 activity, noting that certain sectors have been hit harder than others when it relates to insolvency.
- Construction, hospitality, and retail were the most severely affected sectors, driven by fixed-price contract pressures, rising input costs, margin compression, and subdued consumer discretionary spending across South East Queensland.
- The Reserve Bank of Australia held the cash rate at 4.35 per cent following its June 2026 meeting, with cost-of-capital pressure remaining elevated and both lenders and the ATO returning to active enforcement postures throughout the year.
- GT Advisory warns that insolvency volumes are expected to remain high through the first half of FY2027, with construction businesses, hospitality operators, and retailers identified as carrying the highest near-term risk.
- Principal Glenn O’Kearney urges directors to seek advice from a registered practitioner early in FY2027, emphasising that early engagement preserves restructuring options and can materially improve a director’s personal position where guarantees or tax debts are involved.
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Wednesday, 15th July 2026
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