“Insolvencies under this Government as a proportion of all companies has averaged 0.32%. The rate under the Howard Government was 0.5%.”

Australian Parliament: House of Representatives · Question Time | 12th October 2026

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What was described

reported insolvency rate under current government

0.32% of all companies

Said nearby on the same subject

“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.”
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