ASIC insolvency stats to the year March 21
Agri,forestry,fishing - 48 insolvencies
manufacturing - 88 insolvencies
Wholesale trade - 46 insolvencies
wouldnt call that high risk. Yes construction is definitely high risk and why you would need an insurance policy but CRO will not be funding progress claims.
I would not be worried at all about the level of bad debts. Yes I’m sure they will have some but it will have been budgeted for.
Ann: Cirralto to Present at NWR Virtual Investor Conference, page-65
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