Despite the impact, corporate bankruptcies in Australia have decreased

格隆汇2026/07/21 23:41

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Gelonghui July 22｜Commercial data monitoring company Creditorwatch stated that despite soaring fuel costs, rising interest rates, and high inflation, the number of bankruptcies among Australian enterprises fell by 3.9% in the year ending June 30. The company said this decline was supported by the 2024 income tax reduction and the expected interest rate cuts in 2025, providing a boost for high-risk sectors such as construction and hospitality. The company added that nonetheless, trade defaults and tax debts are once again increasing, indicating growing pressure. The company noted that even a single trade default can significantly increase bankruptcy risk over the next 12 months to more than ten times the national average.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.

华尔街见闻•2026/11/11 17:31