Murray Watt (Queensland, Australian Labor Party, Minister for the Environment and Water) Share this | Hansard source

Again, I'll get you the exact figures tomorrow, but my recollection is that, in percentage terms, the number of small businesses becoming insolvent has not increased. I'll get you the correct figures tomorrow. You can look at raw numbers. There are more small businesses in Australia now than there were two or three years ago. It's therefore not surprising that there are more small businesses insolvent. But, in percentage terms, the figure is not as unfavourable as you're suggesting.