Good afternoon Wentyl,
The number of businesses shutting their doors has reached a historic high, as almost 7000 businesses across NSW became insolvent in the past 11 months.
The latest ASIC insolvency data reveals 1000 businesses in the accommodation and food services sector – mostly cafes and restaurants – have shut their doors, while 1879 construction companies also collapsed between July 1, 2024 and May 25, 2025.
Find out which NSW areas have been affected the most. |