Bleak warning as 3917 companies collapse - news.com.au

7/12/2022 12:00:00 AM2 years 9 months ago
by Sarah Sharples

<p>The skyrocketing cost of living, rising interest rates, a blowout in debt and company collapses are going to combine to have a “catastrophic effect” with more Aussies likely to face losing their homes and falling into bankruptcy in coming month…

Super-sized interest rate rises, huge jumps in the price of groceries alongside company collapses, spell bad news for Aussies.The skyrocketing cost of living, rising interest rates, a blowout in debt… [+5978 chars]

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Bleak warning as 3917 companies collapse - news.com.au

<p>The skyrocketing cost of living, rising interest rates, a blowout in debt and company collapses are going to combine to have a &ldquo;catastrophic effect&rdquo; with more Aussies likely to face losing their homes and falling into bankruptcy in coming month…

<p>The skyrocketing cost of living, rising interest rates, a blowout in debt and company collapses are going to combine to have a “catastrophic effect” with more Aussies likely to face losing their homes and falling into bankruptcy in coming month…