Parramatta. Increase in insolvency work

Schon Condon, managing principal, of Condon Associates, in Parramatta, told The Australian Financial Review that the increase in insolvency work began in November and gained greater momentum after Christmas. Work is coming from the development, building, construction, retail, retail services and hospitality sectors. “The increase in activity has not only been with the pure insolvency side but with the forensic aspects as well,” he told the newspaper. If demand escalated, Mr Condon intended to recruit one or two graduates and use contractors to fill specific trade roles.