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WA insolvencies up 21pc – The West Australian

Stuart McKinnon
–
The West Australian
on July 5, 2016, 9:42 am


Video
Morning finance report – July 5

WA company insolvencies were up 21 per cent in the past year, well above the national rise of 15 per cent.

Analysis and commentary by FTI Consulting revealed 1014 companies entered insolvency in the 12 months to April.

Queensland also had a 21 per cent increase in insolvencies to 2191.

The Northern Territory had the dubious honour of reporting the biggest increase in insolvencies at 40 per cent. However the total number of companies remained small, up from 52 to 73 companies.

Nationally, the …

Read the full article at: https://au.news.yahoo.com/thewest/business/a/31986774/wa-insolvencies-up-21pc/

Category: LiquidationBy Insolvency Advisory AccountantsJuly 5, 2016

Post navigation

PreviousPrevious post:$368K theft, suicide at soccer club was gambling-related: coroner – CTV NewsNextNext post:Number of insolvent Australian companies rises 15% to more than 10000 in last 12 months – International Business Times AU

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WA insolvencies up 21pc – The West Australian

Stuart McKinnon
–
The West Australian
on July 5, 2016, 9:42 am


Video
Morning finance report – July 5

WA company insolvencies were up 21 per cent in the past year, well above the national rise of 15 per cent.

Analysis and commentary by FTI Consulting revealed 1014 companies entered insolvency in the 12 months to April.

Queensland also had a 21 per cent increase in insolvencies to 2191.

The Northern Territory had the dubious honour of reporting the biggest increase in insolvencies at 40 per cent. However the total number of companies remained small, up from 52 to 73 companies.

Nationally, the …

Read the full article at: https://au.news.yahoo.com/thewest/wa/a/31986774/wa-insolvencies-up-21pc/

Category: LiquidationBy Insolvency Advisory AccountantsJuly 5, 2016

Post navigation

PreviousPrevious post:Bunny Bites in administration – Queensland Country LifeNextNext post:$368K theft, suicide at soccer club was gambling-related: coroner – CTV News

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June 7, 2025
Caravan builder Highline Caravans collapses into liquidation owing $1.14m
June 3, 2025
Collapsed tourism agent Traveldream may have taken customers’ money while insolvent
June 2, 2025
Is illegal phoenix activity rife among construction companies?
June 1, 2025
Australian private hospital giant’s liquidation threatens jobs and patients
May 31, 2025
Creditors owed more than $280K
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