March FY25 saw a continued surge in insolvencies, with 1,447 businesses entering administration for the first time. This number is twice the average of 712.17 recorded over the past five financial years, reflecting the ongoing economic pressures on businesses. The jump from February’s 1,216 insolvencies highlights the persistent instability and unpredictability in the current […]
In February FY25, the anticipated spike in insolvencies materialized, with 1,216 businesses entering administration for the first time. This figure is double the average of 606 since 2017, highlighting the ongoing economic challenges faced by businesses. The significant increase from January’s 726 insolvencies underscores the volatility and uncertainty in the current economic climate. Despite […]
In January FY25, the trend of increasing insolvencies continued its seasonal downward trend, with a marked decrease to 726 businesses entering administration for the first time. This aligns with expectations, as January typically sees a decrease before a likely spike in February. The current numbers are still higher than the average of 368.33 over […]
In December FY25, the trend of increasing insolvencies shows a slight reprieve, with 1,050 businesses entering administration for the first time. This follows a similar downward trend seen in previous years, where November figures typically decrease in December (e.g. 2024 saw a drop from 891 in November to 795 in December, and 2023 saw […]
In November FY25, the trend of increasing insolvencies continues, with 1,441 businesses entering administration for the first time. This is a significant rise from 1,361 in October and 1,227 in September. Compared to November FY24, which saw 891 insolvencies, this represents a 62% increase. When we look at the average of 616.83 over the last several years, the current numbers are more than double the […]
Looking at October FY25 insolvencies, we’re seeing another big jump in businesses entering into administration for the first time. 1,361 insolvencies in total, which is up from 1,227 last month in Sept and 907 for the same month in FY24—that’s a 50% increase. When you compare it to the average of 566.5 over the last […]
At Capital Trade Credit Solutions, we like data and the occasional graph. Last week, ASIC released new statistics on ‘first-time administrations.’ Key Takeaway: Insolvencies have not only rebounded to pre-COVID levels over the past 12 months but are continuing to rise, significantly impacting the construction industry more than any other. No surprises there. In July 2020, there […]
