Noosa News
A pandemic and a recession, yet we’ve never had so few bankruptcies
Wednesday January 27, 2021
Despite the economic downturn, bankruptcies in the September quarter fell to a record low. Everyone is watching what happens next.
New statistics from the Australian Financial Security Authority have revealed the lowest number of bankruptcies since records began in 1986. (Photo: ABC)
The latest statistics from the Australian Financial Security Authority revealed the lowest number of bankruptcies since records began in 1986. While the pandemic had brought on a recession, governments, banks, employers and even landlords provided people with some financial…
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