Financial and insurance services: company insolvencies in Australia
In Financial and insurance services, 433 companies entered external administration in 2025-26, 3.1% of the year's total.
That was down 1.1% 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 Financial and insurance services most often named poor strategic management of business (53.4%) and inadequate cash flow or high cash use (50.4%).
- Poor strategic management of business: 53.4%
- Inadequate cash flow or high cash use: 50.4%
- Other: 45.5%
- Poor financial control including lack of records: 40.9%
- Under capitalisation: 25.8%
- Trading losses: 24.2%
- Poor management of accounts receivable: 13.3%
- Fraud: 9.1%
- Poor economic conditions: 8.0%
- Dispute among directors: 3.0%
- Business restructuring: 0.8%
- Industry restructuring: 0.8%
- DOCA failed: 0.4%
- Natural disaster: 0.4%
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 Financial and insurance services, 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.