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Tag Archives: insolvencies

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Sussan Ley becomes new opposition leader following industry portfolio role

Manufacturing NewsBy Staff ReporterMay 14, 2025

Sussan Ley, who held the shadow industry minister role going into the Coalition’s heavy election loss earlier this month, was elected leader of the parliamentary Liberal Party on Tuesday, beating Angus Taylor by 29 votes to 25. In a statement following the vote, Ley pledged to “listen, change and develop a fresh approach” following the…

Manufacturer insolvencies rose in second half of 2023

Manufacturing NewsBy Staff ReporterJanuary 17, 2024

New statistics from the Australian Securities & Investment Commission released halfway into the financial year show 243 manufacturing companies became insolvent during July – December 2023, compared to 235 and 84 for the same period in 2022 and 2021. In a statement from federal opposition industry spokeswoman Sussan Ley recapping recent collapses, the government’s “failed…

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