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Small Business at High Risk for Insolvency

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Latest reports by Dun & Bradstreet highlight a 48% increase in the number of small businesses going bankrupt over the last 12 months, while small business start-ups fell by 95 per cent over the same period, MySunshineCoast has reported. According to Dun & Bradstreet CEO, Christine Christian, Australian business failures have trended steadily upwards since…

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Aussie Businesses Struggling

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The number of companies trading at a loss increased in the 2009-10 year, according to the latest figures from the Australian Taxation Office, SmartCompany has reported. The figures come just one day after Australian Securities and Investment Commission figures showed the number of companies entering external administration reached its peak during February 2012, a sign…

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