Insolvency volumes are holding firm, with over 750 new appointments nationally in the first fortnight of June.
But the story isn’t just in the numbers, it’s in the spread.
White-collar sectors are entering the frame, regional cracks are deepening, and WA’s mix of mining, construction, and accommodation signals more pain to come.
📊 National Snapshot
Most common appointment types:
– 443 Liquidator Appointed
– 58 Administrator Appointed
– 35 Receiver Appointed
📍 By State
– NSW (302): Dominated by construction, retail, and services
– VIC (212): Strong growth in white-collar appointments
– QLD (149): Regional weakness continues
– WA (38): Small numbers, but increasingly sector-specific
– SA, ACT, TAS, NT: Subdued but steady
🏗️ What’s Breaking First?
Construction remains dominant across most states, but hospitality, retail, and even scientific services are emerging in second and third place, especially in NSW and VIC.
📌 WA Spotlight
New WA data shows:
– Construction, mining, and accommodation as top sectors
– Leading firms: WA Insolvency Solutions, Mackay Goodwin, Worrells
– Smaller volume, but high concentration in stress-prone industries
📈 Firm Market Share
Worrells, Mackay Goodwin, and SV Partners continue to lead nationally
WA shows a more fragmented market, with Pitcher Partners, and others increasing share
These signals suggest a shift underway, from high-volume collapses to more complex, harder-to-fund situations in the middle market.
At The White Knight Fund, we do more than observe distress, we act in it.
We deploy strategic capital into stuck assets, fund practitioners pre and post appointment, and help deliver outcomes when time, trust, or liquidity runs short.
📩 If you’re managing a file in motion (or a client on the edge), let’s talk about options
