Feeling the pinch: why are so many Australian businesses failing?

The high cost of living and the ‘bullwhip effect’ have had a deleterious effect, particularly on food services and building, resulting in a decade-high 10,000 collapsesGet our morning and afternoon news emails, free app or daily news podcastAn insolvency tsunami has swept through Australia, putting the country on track to record decade-high numbers of collapsed businesses by the end of the financial year.While building and food services companies are at the forefront of the surge, fe