The annual number of business insolvencies in Australia has declined heavily compared to the year before, with only 4,235 companies entering external receivership during the 2020/21 financial year. This compares to 9,848 companies entering external receivership during the 2015/16 financial year, which is more than half the amount of businesses.
Total number of companies entering external receivership in Australia from FY 2014 to FY 2021
Characteristic
Number of companies entering external receivership
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Website (asic.gov.au). (March 1, 2022). Total number of companies entering external receivership in Australia from FY 2014 to FY 2021 [Graph]. In Statista. Retrieved May 22, 2022, from https://www.statista.com/statistics/1116795/number-business-insolvencies-australia/
Website (asic.gov.au). "Total number of companies entering external receivership in Australia from FY 2014 to FY 2021." Chart. March 1, 2022. Statista. Accessed May 22, 2022. https://www.statista.com/statistics/1116795/number-business-insolvencies-australia/
Website (asic.gov.au). (2022). Total number of companies entering external receivership in Australia from FY 2014 to FY 2021. Statista. Statista Inc.. Accessed: May 22, 2022. https://www.statista.com/statistics/1116795/number-business-insolvencies-australia/
Website (asic.gov.au). "Total Number of Companies Entering External Receivership in Australia from Fy 2014 to Fy 2021." Statista, Statista Inc., 1 Mar 2022, https://www.statista.com/statistics/1116795/number-business-insolvencies-australia/
Website (asic.gov.au), Total number of companies entering external receivership in Australia from FY 2014 to FY 2021 Statista, https://www.statista.com/statistics/1116795/number-business-insolvencies-australia/ (last visited May 22, 2022)
