Key Facts:
- GT Advisory & Consulting, a Gold Coast-based insolvency and restructuring practice founded by Glenn O’Kearney in May 2016, is celebrating its 10th anniversary this month.
- To mark the milestone, the firm has released its FY2026 insolvency activity overview, noting that ASIC recorded 12,819 corporate insolvency appointments nationally for the year to 31 May 2026, down slightly from 13,413 in the same period for FY2025.
- South East Queensland businesses faced significant challenges in FY2026, with construction, hospitality, and retail sectors particularly impacted by margin compression, elevated interest rates, supply chain volatility, and reduced consumer spending.
- Looking…