Do you see what we see? 12 Nov Written By jared ingersoll The Food & Beverage industry is the 8th largest in Australia by number of businesses, with 3.7% as of June 2024. Yet it was the number 1 industry for Insolvencies in Q3 2024, with 18.9%. With a significantly disproportionate representation, the industry is experiencing the highest variance between businesses and insolvencies. F&B insolvencies reached an all time high of 671 in the last quarter. There is hope for 2025, declining consumer sentiment appears to have bottomed out. jared ingersoll
Do you see what we see? 12 Nov Written By jared ingersoll The Food & Beverage industry is the 8th largest in Australia by number of businesses, with 3.7% as of June 2024. Yet it was the number 1 industry for Insolvencies in Q3 2024, with 18.9%. With a significantly disproportionate representation, the industry is experiencing the highest variance between businesses and insolvencies. F&B insolvencies reached an all time high of 671 in the last quarter. There is hope for 2025, declining consumer sentiment appears to have bottomed out. jared ingersoll
