Corporate Bankruptcies Soar in Australia; Just a Start of What’s Coming

Corporate Bankruptcies Soar in Australia; Just a Start of What’s Coming Nearly every day I receive emails from "Brisbane Bear" regarding the sorry state of affairs in Australia. Here is another one to consider: Insolvencies for quarter near record high CORPORATE insolvencies hit their second-highest peak on record in the last quarter, as the aftershocks of the global financial crisis continued to flow through the market, The Weekend Australian’s Anthony Klan reports. According to the Australian Securities & Investments Commission, there were 2552 insolvencies in the three months to September, which was up 10 per cent on the previous quarter

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Corporate Bankruptcies Soar in Australia; Just a Start of What’s Coming