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ASIC data, Australia · updated August 2026

How many companies are going insolvent in Australia?

1,808 Australian companies entered external administration for the first time in August 2026, up 66% on 1,090 a year earlier. That is the highest month since the series starts in September 2021.

August 2026 was 5.8 times the September 2021 figure. The last 12 months totalled 14,722, level with the 12 months before (14,722 against 14,768).

Companies entering external administration per month, Australia, September 2021 to August 2026
05001,0001,5002,000202220232024202520261,808
Monthly figures as a table
MonthCompanies
August 20261,808
July 20261,213
June 20261,334
May 20261,104
April 20261,102
March 20261,306
February 20261,260
January 2026634
December 20251,306
November 20251,071
October 20251,480
September 20251,104
1,808in August 2026
+66%on the same month last year
14,722in the last 12 months
1,227average per month, last 12 months

ASIC publishes monthly totals only, so there is no split by procedure. The industry counts below are ASIC's 12-month figures by ANZSIC division.

Which industries have the most insolvencies?

Construction had the most companies entering external administration: 3,976 over September 2025 to August 2026, 27% of the total.

Construction 3,976 30 days to pay small business Accommodation and Food Services 2,044 21.7 days to pay small business Other Services 1,387 24.6 days to pay small business Professional, Scientific and Technical Services 1,022 25.4 days to pay small business Retail Trade 1,017 25.9 days to pay small business Transport, Postal and Warehousing 826 27 days to pay small business Administrative and Support Services 737 19.6 days to pay small business Manufacturing 666 31.8 days to pay small business Rental, Hiring and Real Estate Services 532 22.7 days to pay small business Health Care and Social Assistance 521 24.6 days to pay small business Financial and Insurance Services 427 14.6 days to pay small business Arts and Recreation Services 284 19.3 days to pay small business Information Media and Telecommunications 262 24 days to pay small business Wholesale Trade 224 27 days to pay small business Mining 188 28 days to pay small business Electricity, Gas, Water and Waste Services 188 21.3 days to pay small business Agriculture, Forestry and Fishing 171 23 days to pay small business Public Administration and Safety 59 22.1 days to pay small business

Counts, not rates: industries with more companies have more cases. Days to pay are the median for large businesses paying small business suppliers.

What does this mean for money owed to you?

When an Australian company enters external administration, unsecured suppliers rank behind secured creditors, liquidator costs and employee entitlements and often recover little, so the time to act is while an invoice is still only late. Debtor management software in Australia runs the reminders and statements that keep overdue invoices moving, and late fees in Australia give customers a reason to pay you first.

For how long Australian businesses wait to be paid, see the Australian accounts receivable statistics.

Cite: Paidnice (2026). Australian company insolvency tracker. https://www.paidnice.com/payment-times/au/insolvencies. Source: ASIC insolvency statistics series 1, companies entering external administration for the first time, September 2021 to August 2026. Industry counts: September 2025 to August 2026. Source: ASIC insolvency statistics, © Australian Securities & Investments Commission.

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