An Australian insolvency snapshot for 2016

By Mark Hoppe · 29 February 2016 · Construction | Engineering

An Australian insolvency snapshot for 2016

Australian Insolvency Landscape Hits a Snag

The Australian dollar's recovery is short-lived as China's economic woes send shockwaves through the local market, threatening insolvency rates. Will your business be next to feel the impact?

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Summary

Just when the Australian dollar is starting to bounce back against the US dollar after dipping last year, the local market is now being hit by the fluctuations in the Chinese economy. This has knock-on effects for Australian businesses. As Australia’s largest trading partner, China’s economic troubles is putting some pressure on the insolvency landscape, […]