From www.accountantsdaily.com.au: Australian business insolvencies are projected to rise in 2025 due to renewed financial pressures, as highlighted by Illion’s Commercial Risk Barometer.
The report indicates a 6% increase in failure risk compared to 2023, with sectors like financial services, education, and utilities experiencing significant stress.
As businesses face heightened risks, leaders are advised to remain vigilant and carefully monitor their trading partners.