“A sound and resilient SME sector” despite increase in company wind-ups
By Guest Author · 25 February 2020 · Small Business
By Guest Author · 25 February 2020 · Small Business
Despite a surge in company wind-ups, a surprising trend is emerging in the SME sector. Find out what's driving this unexpected resilience and what it means for your business.
Prushka Fast Debt Recovery has revealed, through data sourced from court records, that 953 businesses issued Notices of Winding Up Application during the Oct-Dec quarter. This figure increased 5 per cent compared to the July quarter, and by 6 per cent year-on-year. The Australian Taxation Office continues to be the largest petitioner, with ATO and other […]