Adrian Brown

Latest

Creditors crack down on debt as insolvency level dips

8:03AM | Tuesday, 21 August

Small businesses have been warned that creditors are coming down hard on outstanding payments and bad debt, following the release of figures that showed an easing in the number of company collapses.

Small firms lead insolvency surge as failures leap by 9.2% in 2011

2:52AM | Monday, 13 February

Corporate insolvencies surged by 9.2% last year to 10,481, according to the Australian Securities and Investments Commission, as small building firms and retailers buckled under pressure.

Insolvency figures up 5.9% as tough conditions take toll

8:17PM | Wednesday, 10 August

Almost 10,000 companies entered external administration in the 2011 financial year, with SMEs among the hardest hit, with a Tax Office crackdown and the strong Australian dollar blamed for a rise in failures.

Manufacturing, tourism and retail worst hit by jump in collapses

7:08AM | Friday, 8 July

Insolvency experts are urging retailers, manufacturers and tourism operators to downgrade growth targets in light of new insolvency figures revealing that those sectors are the hardest hit.

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