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Live Updates  >  Live Update Details

2026-07-16 11:26:11

[New company registrations in Australia hit a record high in June, possibly reflecting a rebound in confidence] (1) Data from the Australian Securities and Investments Commission (ASIC) shows that 43,393 new companies were registered in June, the highest monthly figure since records began in 1999, and the first time that the number has exceeded 40,000 in a single month. (2) The total number of new companies registered in the 2025-26 fiscal year is 385,716, also a record high. (3) The authorities have not given a clear explanation for the entrepreneurial boom, but analysts believe that this may reflect a rise in business confidence.

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