During COVID, right around the world governments suspended normal bankruptcy rules to keep companies alive. And it worked! Bankruptcies plunged in developed countries all over the world.
But now, the rules are back to normal. Bankruptcies are starting to rise once more. Is this a sign that the business cycle is back? Will there be a "catch-up"? Will rising interest rates swamp all other factors?
In this week's podcast Nucleus Wealth's Chief Investment Officer, Damien Klassen, and Senior Financial Adviser, Samuel Kerr discuss all these questions and more.
Agenda: Insolvencies
- State of play
- Delayed or just back to normal
- Tax office return
- Rough time frame for interest rates
Take us on your daily commute! Nucleus Investment Insights is available in Podcast form on iTunes and all major Android Podcast Platforms.
Samuel has a Master of Financial Planning and a Bachelors degree in Psychology. He has worked in Financial Services since 2017 as a Financial Adviser and Mortgage Broker. Sam is a dynamic individual and has a real passion for investing and compound interest. He prides himself on his professionalism and ethical conduct, always striving for the best outcomes for his clients. He really enjoys helping people achieve their goals and loves the investment journey.