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Showing 1 - 4 of 4 results for "Zombie companies"

Zombie companies on the ASX are dying out

RIDDHIMA TALWANI  |  FRIDAY, 31 OCT 2025
New research has revealed a decline in the number of zombie companies on the ASX in the last six months. KPMG Australia's latest data showed a drop of 41% in companies considered zombie, where they exhibit indicators of financial distress for an extended ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
A new study from global consulting firm Kearney revealed the number of zombie companies in Australia increased 13.6% in the past year. Zombie companies - those which don't produce enough profits to cover debt obligations - now account for 5.8% of ...

SME insolvencies set to increase

ANNABELLE DICKSON  |  WEDNESDAY, 12 AUG 2020
... partnership with 44 approved lenders for SMEs with a turnover of up to $50 million. "However, the number of 'zombie companies' - those being kept out of administration artificially - continues to grow and policy makers need to consider the gradual easing ...

AXA Framlington eyes Japanese tech firms

MICHAEL HOBBS  |  TUESDAY, 2 MAR 2010
... said it is improving and company directors are implementing prudent cost saving strategies. "There a lot of 'zombie companies' [companies that have been given financial support to operate] but this is the first time I remember Japanese companies seriously ...
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