Interest rates are at a historic low, inflation is minimal and growth projections in the Australian economy appear to be positive, however, the question remains … is the Australian economy as robust as it seems?
Despite all this good news, business confidence continues to struggle and personal balance sheets may get tested in months to come if economic conditions change.
During 2013 Jones Partners launched the first definitive Australian study into examining correlations between economic factors, industries at risk and insolvency levels. Whilst the state of the economy is an important factor in explaining and understanding personal and corporate insolvencies, there are many other relevant aspects involved such as the availability of credit and the quality of business management that also affect insolvencies.
We are pleased to announce the completion of this study and to launch of the inaugural report and celebrate the occasion. We have invited Economist, Mr Chris Nadarajah, as well as Mr Phil Ruthven, Chairman of IBISWorld and CommSec Chief Economist, Mr Craig James to discuss the issues and consequences.
Jones Partners Insolvency and Business Recovery
Mr Chris Nadarajah
Mr Phil Ruthven
Chairman of IBISWorld
Mr Craig James
CommSec Chief Economist
Level 13, 189 Kent Street, SYDNEY NSW 2000
P: 61 2 9251 5222
F: 61 2 9247 5911
Suite 301, Level 3 - 4 Columbia Court
Nexus Building, Norwest Business Park BAULKHAM HILLS NSW 2153
P: 61 2 9894 9966
South West Sydney
Studio 2, Shops 10-11
38 Exchange Parade
NARELLAN NSW 2567
P: 61 2 4647 7468