Zombie cos now worth $3.1b on Australian market, KPMG reveals

By Yajush Gupta · 31 October 2024 · News

Zombie cos now worth $3.1b on Australian market, KPMG reveals

Australian Markets Witness Shocking Surge in 'Zombie Companies'

KPMG's latest data reveals a 30% increase in listed 'zombie companies' across Australian markets. But what does this mean for the economy and investors?

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Summary

KPMG Australia’s latest data reveals a 30% increase in listed ‘zombie companies’ across Australian markets, rising from 94 in March to 122.