Interview: Business failures are rising - and it's going to get worse

The rate of business failures is now at its highest level since January 2021, in the middle of the pandemic. Business payment defaults are also at record levels, with more businesses struggling to pay suppliers. Patrick Coghlan, CEO of CreditorWatch, talks to Sean Aylmer about the August Business Risk Index, and why conditions are likely to get worse before they improve. Find out more: https://fearandgreed.com.au/ See omnystudio.com/listener for privacy information.