Core Viewpoint - The New South Wales (NSW) government has announced the cancellation of the "Business Connect" program, which provided free support services to small business owners, amidst rising living costs and increasing business challenges [1][3]. Group 1: Impact on Small Businesses - The termination of the "Business Connect" program means that small business owners will lose a crucial support channel for issues like bankruptcy planning [1]. - The program, launched in 2017, has assisted thousands of businesses during economic hardships, and its end leaves no equivalent alternative for support after October 1 [3]. - In the first nine months of the 2024-25 fiscal year, 4,235 businesses have already declared bankruptcy, indicating a significant strain on the small business sector [5]. Group 2: Business Environment Challenges - The business bankruptcy rate reached 0.47% in the first three quarters of the previous fiscal year, the highest level since the 2008-09 financial crisis [5]. - Small businesses are also facing a projected 36% increase in insurance costs over the next three years due to failed reforms in workers' compensation [5]. - Business leaders have criticized the government's decision as short-sighted, arguing it undermines confidence, innovation, and employment in the small business sector [5]. Group 3: Personal Accounts from Business Owners - Small business owners, such as Amjad Hussein from Merrylands, express concerns about the difficulties in maintaining profitability amid rising living costs, particularly during winter [7].

金十数据6月13日讯，德国联邦统计局周五公布的数据显示，德国5月份常规破产企业数量同比下降 0.7%，这是两年多来首次出现下降。统计局表示："这是该领先指标自2023年3月以来首次同比下 降。"但统计局没有解释下降的原因。德国联邦统计局还在周五公布了第一季度的最终数据，显示由于 缺乏订单、高成本和全球不确定性导致企业陷入困境，企业破产率上升了13.1%。德国工商总会表示， 这一数字标志着第一季度此类企业破产数量达到11年最高水平，应被视为一个警告信号。 德国破产企业两年多来首次出现减少 ...