The construction and healthcare sectors are expected to face more financial upheaval this year, risking the ambitious housing targets set by state and federal governments and putting further strain on budgets.

Retailers, particularly mid-market apparel sellers, are also staring down another tough 12 months that has already dented the fortunes of top-tier groups such as Myer and Country Road.

The warning has come from the insolvency sector which is seeing weakness in some parts of the economy even as recession fears fade and the overall economic outlook brightens.

Company collapses hit an all-time high in 2024 financial year and are expected to keep rising as higher-than-hoped interest rates, ongoing inflationary pressures and an aggressive tax office continues to push businesses to the

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