The number of Australian companies hitting the wall is expected to exceed 10,000 by the end of the financial year, underpinned by the collapse of construction firms.
Subiaco craft brewery Golden West Brewing Co has temporarily ceased trading and appointed an administrator, making it the third Perth pub to run into trouble in six months.
State government contracts are impacted after liquidators were appointed to Individual Developments, while another builder, WA Housing Group, has also gone under.