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ARTICLE · 10 NOVEMBER 2011

Insolvencies surge despite mining boom

Although there is a mining boom in Western Australia, there has also been a dramatic rise in insolvencies.

AustraliaInsolvency/Bankruptcy/Re-Structuring

We all know there's a mining boom in Western Australia, but many would be surprised to know there's also been a dramatic rise in insolvencies. Cameron Belyea talks to Boardroom Radio about the factors driving this.

Insolvencies surge despite mining boom
Kate Ritchie, Boardroom Radio
Cameron Belyea, Partner, Restructuring and Insolvency, Clayton Utz


Kate Ritchie

Today Boardroom Radio speaks with Cameron Belyea, the head of the WA restructuring team at Clayton Utz, and of course he joins us from Perth. Cameron, a warm welcome to BRR.

Now Cameron, despite the mining boom in WA, the number of insolvencies over the past few years has increased by 134%. What do you think are the main factors driving this surge?

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