Equifax’s Executive General Manager, Moses Samaha, warned that Australia’s SME sector is facing a spike in insolvencies alongside the rise in mortgage arrears.
Equifax data has found that sole traders in construction are 60% more likely to be in early mortgage arrears versus the average consumer, whereas this figure is 75% for sole traders in the hospitality sector.
https://www.macrobusiness.com.au/2024/06/home-builders-brace-for-another-spike-in-insolvencies/
- Forums
- Political Debate
- Wave Of Insolvencies Sweeps Across Australia While Labor Concentrate On Racial Division
Equifax’s Executive General Manager, Moses Samaha, warned that...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)