Running a business has always been rough, but now it’s rougher than ever: interest rates, supply chains and growing debts. So what does the data say about businesses in Penrith?
This is an analysis of postcodes 2750, 2747, 2745, 2748 and 2749.
In 2023, 45 businesses entered liquidation across the region. That number increased to 85 in 2024, before dipping slightly to 69 in 2025. While these figures remain elevated, the number of businesses closing is declining and debt restructuring options are rising.
Every year more businesses enter the Small Business Restructuring (SBR) process within the region. An SBR can give businesses a formal arrangement to alter the amount of debt by up to 80 per cent, extend the timeframe of payment and stop tax debt interest.
But for it to kick in, the proposal must be approved by creditors.
In Penrith, the approval rate is about 85 per cent for 2025, well above the national average of 65 per cent. Approvals often depend on tax compliance history and overall business practices, as creditors want confidence in debt recovery. Penrith’s high approval rate suggests that businesses have stronger tax histories and more disciplined business practices than typical.
Now construction, the industry with 40 per cent of insolvencies in the area. 32 businesses closed their doors in 2025 and around 80 per cent were subcontractors and tradies.
But construction companies have used the SBR process quite successfully. Proposal approval rates are 100 per cent for 2025, compared to the national construction average of 66 per cent.
With 2026 shaping up to be no less difficult for business owners, understanding