Business
Tens of thousands of businesses could collapse by mid next year as JobKeeper scheme ends, experts say – ABC News
Many Australian businesses could collapse by mid next year as changes to insolvency laws kick in and economic stimulus measures such as JobKeeper come to an end, insolvency experts say.
Tens of thousands of businesses could collapse by mid next year as changes to insolvency laws kick in and economic stimulus measures such as JobKeeper come to an end, insolvency experts say.
Key points:
- The proposed changes to insolvency laws could help identify companies that should have never survived but have because of COVID-19 stimulus support
- There are still fears that while tens of thousands of businesses will likely fall, some companies that shouldn’t be trading still m…
Continue Reading
-
Noosa News23 hours agoLord Howe Island detection dog Sebbi retires to Brisbane after years of ‘hard work’
-
Business21 hours agoTop brokers name 3 ASX shares to buy next week 14 September 2025
-
Noosa News23 hours agoWorld-famous bee sanctuary on Kangaroo Island under threat from Varroa mite
-
Business22 hours agoBy 2026, the CSL share price could turn $5,000 into…