The 2019 KordaMentha – TMA Australia Survey is
KordaMentha's ninth survey, providing insights into the causes,
challenges and successes of Australian corporate
turnarounds.
Wednesday, 11 September 2019
KordaMentha Corporate has recently conducted the ninth edition
of its survey into the Australian turnaround market.
Respondents this year have predicted a poor outlook for the
economy as global economic conditions and the ongoing trade war
increase the risk of a recession.
Key insights from the 2019 survey include:
- The Retail, Construction and Manufacturing (non-mining) sectors
were again identified as the industries most likely to decline over
the next 12 months.
- The significant trend away from existing lenders towards
'non-traditional' funding sources has strengthened.
