Insolvencies in Australia are expected to keep rising throughout 2025, as financial pressures deepen and become more entrenched across several key sectors, according to a new report from one of Australia’s biggest law firms.
Editor’s note: This story first appeared on Accounting Times’ sister brand, Lawyers Weekly.
Following record-breaking highs in insolvency rates in 2024, a recent report from national law firm Clayton Utz forecasts that Australia’s insolvency levels are expected to continue rising in 2025.
In its annual From Red to Black report, the national law firm attributes this ongoing trend to deepening and prolonged financial stress across several key…