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AAP

Politics

Andrew Brown

Insolvency on the rise, as opposition attacks govt fund

Sussan Ley the National Reconstruction Fund

New data has shown the number of insolvencies for 2023 overtook pre-COVID levels. (James Ross/AAP PHOTOS)

An increase in company insolvencies above pre-COVID levels has prompted opposition concerns on the state of Australia's manufacturing sector.

New data has shown the number of insolvencies for 2023 overtook previous peaks in 2018 and 2019.

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