Insolvency trends – should they be higher?

Recent figures show trends in insolvencies in Australia – nothing too significant at a macro level though distressing at a personal level. But perhaps they could or should be higher? in 2023-2024, personal insolvencies totaled around 11,600 compared with 37,000 15 years ago. corporate insolvencies totaled about 11,000 out of 3.4 million companies, slightly higher […]