This fortnight recorded 907 new appointments nationally, slightly higher than the previous period, with continued stress across construction, hospitality, and professional services sectors.
Our analyst Noah Francis breaks down the latest ASIC activity by state, sector, and firm.
📊 National Snapshot
🔹 513 were liquidations (363 CVL, 150 Court-ordered)
🔹 224 restructuring appointments (63 Restructuring Plans, 161 SBRs)
🔹 73 administrators and 68 receiverships
📍 State-by-State Breakdown
🔹 NSW again led with 346 appointments (38.15%) – driven by construction, hospitality, and professional services
🔹 Victoria followed with 273
🔹 Queensland (155), Western Australia (55), and South Australia (42)
🔹 ACT, NT, and Tasmania combined made up the remaining 36 appointments
Sectors Under Pressure:
🔨 Construction: Over 224 appointments – margins remain tight, and input costs are weighing heavily
🍽️ Accommodation & Food Services: 140+ collapses, mostly hospitality venues across NSW and VIC
🛍️ Retail: 63 retail businesses entered external administration, mostly food and apparel
💼 Professional Services: More than 50 appointments, driven by consulting, real estate, and support services
🚚 Transport & Warehousing: Continues to show stress among small and mid-sized operators
📌 Western Australia Focus
WA recorded 55 appointments during this period, which were concentrated in construction, services, and property.
Top firms by volume this fortnight:
🔹 WA Insolvency Solutions – 20%
🔹 Worrells – 14.55%
🔹 Mackay Goodwin and RSM – 5.45%
FYTD, the most active WA firms include WA Insolvency Solutions, Mackay Goodwin, RSM, Hall Chadwick WA, and KordaMentha – with mining services, property-exposed, and construction businesses under close watch.
🔮 Restructuring Activity
This fortnight recorded 224 restructuring appointments nationally, driven again by construction (56), hospitality (41), and professional services (16).
