The great wave of business insolvencies is here, ASIC data shows, with cave-ins at their highest rate since mid-2019
For months there’s been plenty of conjecture about ‘will it or won’t it’. And now the latest insolvency figures from ASIC point to an insolvency wave hitting, as this SmartCompany article highlights. Court-appointed appointments are on the rise – which is why it’s crucial to seek help asap if your business is in financial difficulty. First step: use Insolvency Australia to search for a registered practitioner to help you find the right person to provide solutions to suit your needs. The sooner you act the more options there’ll be.