Matthew Canavan (Queensland, Liberal National Party) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Gallagher. Data released by debt-monitoring firm CreditorWatch showed that the failure rate of Australian businesses rose to 5.04 per cent in October, the highest since the peak of the COVID pandemic in 2020, when the failure rate reached 5.08. Annually, insolvency rates are now roughly 25 per cent higher than they were prior to the pandemic. What responsibility does the Albanese government accept for the growing number of businesses going bust under its watch?