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Showing 1 - 2 of 2 results for "Annual insolvency data"

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... liquidation process was uncommon, despite it aiming to streamline voluntary liquidations. In addition, ASIC's annual insolvency data found more than 11,000 companies entered external administration for the first time in 2023-24. Overall, the number ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
ASIC's annual insolvency data shows more than 11,000 companies entered external administration for the first time last financial year. While the figure is higher than previous peaks in 2011-12 and 2012-13, ASIC clarified that there are more businesses ...
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