Arts and recreation: company insolvencies in Australia
In Arts and recreation, 281 companies entered external administration in 2025-26, 2.0% of the year's total.
That was up 7.3% on 2024-25.
Source: ASIC, Australian insolvency statistics, Series 1, retrieved 26 Oct 2026. Grouped by industry and summarised by onestepright. No company is named. Series 1 to 4 Oct 2026, released 19 Oct 2026. Series 3.1 to 2024-25. Both change as ASIC publishes.
ASIC's statistics are not exhaustive. They are based on the information available to ASIC at the time of publication.
In 2024-25, administrators' reports in Arts and recreation most often named inadequate cash flow or high cash use (61.6%) and trading losses (55.7%).
- Inadequate cash flow or high cash use: 61.6%
- Trading losses: 55.7%
- Poor strategic management of business: 52.7%
- Other: 35.5%
- Poor economic conditions: 33.5%
- Under capitalisation: 32.5%
- Poor financial control including lack of records: 20.2%
- Poor management of accounts receivable: 11.3%
- Dispute among directors: 2.0%
- Industry restructuring: 2.0%
- Natural disaster: 1.5%
- Business restructuring: 1.0%
- DOCA failed: 0.0%
- Fraud: 0.0%
Source: ASIC, Australian insolvency statistics, Series 3.1, retrieved 26 Oct 2026. Grouped by industry and summarised by onestepright. No company is named. Series 1 to 4 Oct 2026, released 19 Oct 2026. Series 3.1 to 2024-25. Both change as ASIC publishes.
See business exits in Arts and recreation, every business that stopped trading, from ABS data.
ASIC does not operate, sponsor or endorse this site, and did not write this page. The grouping and the summaries are onestepright's.
Read ASIC's insolvency statistics (opens in a new window) in full.