Peter Dutton blames Labor for 29,000 businesses going bust since 2022. If only it were so simple

Insolvency rate not dissimilar to what it was under pre-pandemic Coalition government, according to Guardian Australia analysisGet our afternoon election email, free app or daily news podcastPeter Dutton says 29,000 businesses have gone bust under the Albanese government, and he claims “Labor’s excessive regulation and interference in the economy” is to blame.While the figure is accurate, the insolvency rate is not dissimilar to what occurred under the pre-pandemic Coalition government, according to Guardian Australia analysis of public data. Continue reading...