KPMG Financial Performance Index 3Q2024

Gayle Dickerson of KPMG reports that zombie companies in the construction sector have been growing rapidly at the SME level as cost increases and labour constraints put enormous strain on builders and developers, despite the housing demand in Australia, though she sees a ray of light on the horizon for 2025 with inflation cooling and the Reserve Bank of Australia expected to lower interest rates early in the year, which is the best cure of zombification.

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