Australia suffering under Labor, page-808

"Insolvencies across all Australian industries have risen by an average 38 per cent in April 2024 compared to the same month last year, with retail insolvencies above average at 46 per cent.

This is according to new data from credit reporting bureau CreditorWatch.

Retail insolvencies in April come fifth from the top, with electricity, gas, water and waste services recording the highest percentage lift of 89 per cent, followed by education and training at 87 per cent and mining at 72 per cent.

Construction insolvencies are on par with retail at 46 per cent.

The total number of insolvencies across the board is up 34 per cent year-on-year and 41 per cent above its pre-COVID maximum."