“A record 385,000, more than 385,000 new businesses were added ... 1.4 million companies have registered ... Insolvencies, as a proportion, is around half of what it averaged under the Howard Government.”

Australian Parliament: House of Representatives · Question Time | 14th October 2026

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What was described

Reported record 385,000 new businesses added in the last year and 1.4 million companies registered since taking office

385,000 new businesses; 1.4 million companies; 35% higher than previous government; insolvency rate ~50% of Howard era

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