Unemployment rate near record low, insolvencies jump, Netflix password crackdown works
FEAR & GREED | Business News
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The Federal Government Revokes a Business License in Response to Modern Slavery
The number of corporate insolventies jumped by 62% in the year to June. Nearly 8,000 Australian companies went into administration, liquidation or receivership last financial year. New South Wales and Victoria recorded the biggest rise in overall insolvencies. Pacific Islander fruit pickers will be found new jobs after a federal government decision to revoke a business license for what unions say is modern slavery.
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