New figures released this week show the number of companies entering external administration in March climbed to 463, a 30% jump on February and nearly 80% higher than January.
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Insolvencies climb as the ATO ups the pressure on directors
A sharp jump in insolvencies has confirmed concerns that the long-delayed wave of pandemic collapses has finally started to break, just weeks after the Australian Tax Office issued thousands of warning letters to companies in debt.
