As part of our commitment to providing comprehensive regular market insights, The White Knight Fund is now incorporating national insolvency data, leveraging regularly released ASIC statistics to expand our reporting. This broader scope allows us to provide a clearer picture of insolvency activity across Australia, tracking key industry and regional trends.
Our Researcher, Noah Francis, has taken a deep dive into the ASIC insolvency statistics to facilitate this expansion. Noah’s analytical forecasting and trend evaluation expertise enhances our ability to deliver regular, data-driven updates on insolvency movements nationwide.
📊 National Insolvency Summary
Over the fortnight, 479 organisations across Australia entered external administration, with liquidators, receivers, or administrators appointed. NSW topped the leaderboard with 203 appointments, followed by Victoria (127) and Queensland (59). The most affected industries were construction, accommodation & food services, retail trade, and information media & telecommunications.
📌 WA Insolvency Market Update
WA recorded 40 insolvency appointments during this period, with key trends including:
🔹 Hall Chadwick WA led the market, handling 8 appointments (20%).
🔹 The hardest-hit industries were accommodation & food services, construction, and mining.
✨ WA Year-to-Date Overview
So far in FY25, WA Insolvency Solutions, Mackay Goodwin, KordaMentha, and RSM Australia have been at the forefront of appointments, with a particular concentration in construction and retail. The insolvency landscape remains highly fragmented, with smaller firms also playing a significant role in market activity.
🌏 Key Takeaways
NSW, Victoria, and Queensland remain the most active insolvency markets.
Construction, retail, and accommodation & food services continue to be the most impacted industries.
As we review more and more data, we will look to draw out a more detailed analysis of the market and present this through our regular updates.
