Sharemarket floats collapse as global uncertainties rise - just 14 listings in first half of 2023

Australian companies have become increasingly nervous about listing on the sharemarket according to a a report from advisory firm HLB Mann Judd. With global economic uncertainty fuelled by surging inflation and higher interest rates, only 14 companies listed on the ASX in the first six months of this year raising just $150 million compared with $2.9 billion in 2021. Reporter: Senior Business Correspondent Peter Ryan Featured: Marcus Ohm, HLB Mann Judd partner