Insolvency practitioners are offering a stark warning to Australian business: get your affairs in order, bad times are ahead.Insolvency practitioners say they are receiving more enquiries and are expecting a busy 2020
"Insolvency practitioners, who are bit of the 'canary in the coal mine' for the economy, are seeing increasing levels of inquiry from people coming in and saying that they are worried about their business or they're worried about their personal finances … and what their insolvency options might be.""Business is good," she said."It's always challenging for insolvency practitioners because no-one particularly likes to come in and seek our services.
"Certainly we know that retail is really struggling and confidence is down generally," Mrs Erskine said."It's not necessarily a 'confidence' thing, some people just don't have money to spend, that's what we're seeing."
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