Wave Of Insolvencies Sweeps Across Australia While Labor Concentrate On Racial Division, page-211

From the ABC ........

"A wave of business insolvencies is sweeping through the nation's economy, at a level not since for over a decade.ASIC expects more than 10,000 companies will have entered administration by the end of this financial year, as inflation dogs the economy.Businesses are being squeezed between rising wages and costs and flattened consumer spending, and a growing number aren't coping."