‘Phantom’ lockdown risks surge of insolvencies

Small businesses should brace for a lacklustre recovery and a worse-than-expected surge in insolvencies if the nation’s “phantom” lockdown continues, according to an economic outlook report.

Will the insolvency reforms be enough to save businesses?

CreditorWatch has released its latest economic outlook report revealing that Australia’s recent “phantom” lockdown caused an increase in insolvencies in 2022.

Read more at Accountants Daily

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