Business failure rate in the Mid West forecast to grow as rising costs put pressure on local entities

[Pelican Press 0]

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Business ******** rate in the Mid West forecast to grow as rising costs put pressure on local entities

Rising costs and skilled worker shortages continue to put pressure on local businesses, with data revealing 4 per cent of businesses in the Mid West are forecast to fail over the next 12 months.

Both large and small businesses in Geraldton are feeling the pinch of rising costs, with shops closing down due to financial difficulties and leaving locals without jobs.

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