More than 3000 Aussie construction firms collapsed in 2024 and more are expected to fail in 2025. Experts reveal the red flags that could mean your builder is about to go broke. Australian ...
lower margin residential and construction companies that specialises in discretionary renovations would be hit hardest. A rising number of SA business have been going into liquidations, ASIC ...
Revealing the deep pain felt by employers, ASIC statistics show that 6925 construction firms, 4012 hospitality businesses, 1706 retailers and 1329 manufacturers had become insolvent since June 2022.
The number of businesses going into insolvency in South Australia over the past three years has increased threefold, the biggest rise on mainland Australia.