from google Personal insolvencies increased in March 2022,...

from google
Personal insolvencies increased in March 2022, according to new monthly statistics released today by the Australian Financial Security Authority (AFSA). From 1 March to 31 March, 873 people entered into a formal personal insolvency option up from 690 in February 2022.1 Mar 2022 (they look to be accumulating.fast). imo

IMO
Perhaps inflation is an on going matter and not a transit “temporary” as some would have you think. ATO is owed est $40 BILLION aiming to recover what’s owed creating further pressures on the struggling. I think the ATO collection is perhaps long over due, one can only guess on the amount of debt exists between business 2 business or money owed to utilities, landlord, Banks etc with delays settling payments. CHAOS…………EITHER YOU SINK OR YOU SWIM games are over. imo

is this Good for Ci1 ??? YES imo

not professional DYOR