OUR SAY: THE flip side of Toowoomba’s economic boom has been reported today by Tara Miko.
Ms Miko’s front-page story today details Toowoomba’s unenviable position as having the third highest rate of personal insolvency in the state – behind Ormeau-Oxenford and Townsville and tied with Rockhampton.
Toowoomba Chamber of Commerce CEO Jo Sheppard said the figures revealed the lingering impacts of the resources downturn and a fierce entrepreneurial spirit.
” A lot are doing it tough and increasingly they’re operating in a global market place.
“That means more and more changes for them,” Ms Sheppard said.
The bankruptcy figures represent a (rare and) clarifying moment of truth that cuts through the hype we hea…
Read the full article at: https://www.thechronicle.com.au/news/toowoombas-bankruptcy-figures-reveal-darker-truth/3339385/