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Australian insolvency statistics
Released: October 2014Series 3: External administrators' reports3.1 ‐ External administrators' reports for Australia, 1 July 2013–30 June 2014
ContentsTables
Table 3.1.1 - Initial external administrators' reports—Region by industry
Table 3.1.2.1 - Initial external administrators' reports—Size of company as measured by number of FTEs by industry
Table 3.1.2.2 - Initial external administrators' reports—Size of company as measured by number of FTEs by region
Table 3.1.3.1 - Initial external administrators' reports—Nominated causes of failure by industry
Table 3.1.3.2 - Initial external administrators' reports—Nominated causes of failure by region
Table 3.1.4.1 - Initial external administrators' reports—Possible misconduct by industry
Table 3.1.4.2 - Initial external administrators' reports—Possible misconduct by region
Table 3.1.4.3 - Initial external administrators' reports—Possible misconduct and documentary evidence by industry
Table 3.1.4.4 - Initial external administrators' reports—Possible misconduct and documentary evidence by region
Table 3.1.5.1 - Initial external administrators' reports—Assets, liabilities and deficiency by industry
Table 3.1.5.2 - Initial external administrators' reports—Assets, liabilities and deficiency by region
Table 3.1.6.1.1 - Initial external administrators' reports—Unpaid employee entitlements (wages) by industry
Table 3.1.6.1.2 - Initial external administrators' reports—Unpaid employee entitlements (annual leave) by industry
Table 3.1.6.1.3 - Initial external administrators' reports—Unpaid employee entitlements (pay in lieu of notice) by industry
Table 3.1.6.1.4 - Initial external administrators' reports—Unpaid employee entitlements (redundancy) by industry
Table 3.1.6.1.5 - Initial external administrators' reports—Unpaid employee entitlements (long service leave) by industry
Table 3.1.6.1.6 - Initial external administrators' reports—Unpaid employee entitlements (superannuation) by industry
Table 3.1.6.2.1 - Initial external administrators' reports—Unpaid employee entitlements (wages) by region
Table 3.1.6.2.2 - Initial external administrators' reports—Unpaid employee entitlements (annual leave) by region
Table 3.1.6.2.3 - Initial external administrators' reports—Unpaid employee entitlements (pay in lieu of notice) by region
Table 3.1.6.2.4 - Initial external administrators' reports—Unpaid employee entitlements (redundancy) by region
Table 3.1.6.2.5 - Initial external administrators' reports—Unpaid employee entitlements (long service leave) by region
Table 3.1.6.2.6 - Initial external administrators' reports—Unpaid employee entitlements (superannuation) by region
Table 3.1.7.1 - Initial external administrators' reports—Secured creditors by industry
Table 3.1.7.2 - Initial external administrators' reports—Secured creditors by region
Table 3.1.8.1 - Initial external administrators' reports—Unpaid taxes and charges by industry
Table 3.1.8.2 - Initial external administrators' reports—Unpaid taxes and charges by region
Table 3.1.9.1 - Initial external administrators' reports—Unsecured creditors by industry
Table 3.1.9.2 - Initial external administrators' reports—Unsecured creditors by region
Table 3.1.10.1.1 - Initial external administrators' reports—Remuneration of voluntary administrator by industry
Table 3.1.10.1.2 - Initial external administrators' reports—Remuneration of deed administrator by industry
Table 3.1.10.1.3 - Initial external administrators' reports—Remuneration of liquidator by industry
Table 3.1.10.1.4 - Initial external administrators' reports—Remuneration of receiverships by industry
Table 3.1.10.2.1 - Initial external administrators' reports—Remuneration of voluntary administrator by region
Table 3.1.10.2.2 - Initial external administrators' reports—Remuneration of deed administrator by region
Table 3.1.10.2.3 - Initial external administrators' reports—Remuneration of liquidator by region
Table 3.1.10.2.4 - Initial external administrators' reports—Remuneration of receiverships by region
More information available from the ASIC website
Australian insolvency statisticsINFORMATION SHEET 80: How to interpret ASIC insolvency statisticsSERIES 3.2: External administrators' reports for selected industriesSERIES 3.3: External administrators' reports time seriesREPORT 412: Insolvency statistics: External administrator's reports 1 July 2013–30 June 2014REPORT 372: Insolvency statistics: External administrators' reports 1 July 2012–30 June 2013REPORT 297: Insolvency statistics: External administrators' reports 1 July 2011–30 June 2012REPORT 263: Insolvency statistics: External administrators' reports 1 July 2010–30 June 2011REPORT 225: Insolvency statistics: External administrators' reports 1 July 2007–30 June 2010REPORT 132: Insolvency statistics: External administrators' reports 1 July 2004–30 June 2007REGULATORY GUIDE 16: External administrators: reporting and lodging
Inquiries
For further information about these and related statistics, email [email protected].
© Australian Securities & Investments Commission
IndustryAustralian
Capital TerritoryNew South
WalesNorthern Territory Queensland South Australia Tasmania Victoria
Western Australia
International registered addresses No. of reports
Accommodation & food services 28 371 0 186 50 11 211 59 0 916
Administrative & support services 3 64 0 17 7 2 48 2 0 143
Agriculture, forestry & fishing 4 55 0 51 11 17 40 17 0 195
Arts & recreation services 3 46 0 17 7 0 25 4 0 102Construction 65 881 6 399 74 28 541 159 0 2,153
Education & training 2 26 0 20 3 1 14 7 0 73
Electricity, gas, water & waste services 6 73 0 33 16 3 37 11 0 179
FIS—Credit provider 0 4 0 10 0 0 5 0 0 19
FIS—Deposit taking institutions 0 2 0 1 0 0 0 0 0 3
FIS—Insurance 1 2 0 3 0 0 1 1 0 8
FIS—Managed investments 0 13 0 11 3 0 22 5 0 54
FIS—Other financial services 3 62 0 29 5 1 33 14 0 147
FIS—Superannuation 0 4 0 1 0 0 1 1 0 7
Health care & social assistance 1 39 0 18 4 0 26 4 0 92
Information media & telecommunications 4 105 0 41 6 5 51 11 0 223
Manufacturing 4 153 1 101 22 3 152 27 0 463
Mining 0 28 0 44 6 1 5 24 0 108
Other (business & personal) services 47 1,255 11 445 87 20 524 92 1 2,482
Professional, scientific & technical services 4 81 0 34 6 3 52 7 0 187
Public administration & safety 0 6 0 1 0 0 3 1 0 11
Rental, hiring & real estate services 8 80 0 78 12 3 75 16 0 272
Retail trade 18 329 5 181 44 10 237 46 0 870
Transport, postal & warehousing 5 215 1 101 18 6 139 22 1 508
Wholesale trade 3 105 0 35 17 3 74 7 0 244
Total 209 3,999 24 1,857 398 117 2,316 537 2 9,459
© Australian Securities & Investments Commission
Table 3.1.1 - Initial external administrators' reports—Region by industry (1 July 2013–30 June 2014)
Australian insolvency statistics
Released: October 2014
Region
Less than 5 FTE
Between 5 and 19 FTE
Between 20 and 199 FTE
200 or more FTE Not known No. of reports
Accommodation & food services 549 195 55 1 116 916
Administrative & support services 99 17 11 1 15 143
Agriculture, forestry & fishing 139 22 12 1 21 195
Arts & recreation services 71 15 3 0 13 102Construction 1,455 303 100 0 295 2,153
Education & training 40 15 9 2 7 73
Electricity, gas, water & waste services 119 42 8 0 10 179
FIS–Credit provider 14 1 2 0 2 19
FIS–Deposit taking institutions 2 0 0 0 1 3
FIS–Insurance 6 1 0 0 1 8
FIS–Managed investments 46 3 1 0 4 54
FIS–Other financial services 115 6 1 0 25 147
FIS–Superannuation 6 0 0 0 1 7
Health care & social assistance 48 22 10 0 12 92
Information media & telecommunications 157 29 17 0 20 223
Manufacturing 260 114 56 3 30 463
Mining 71 14 12 0 11 108
Other (business & personal) services 1,663 224 84 12 499 2,482
Professional, scientific & technical services 139 25 9 0 14 187
Public administration & safety 7 3 1 0 0 11
Rental, hiring & real estate services 196 30 10 0 36 272
Retail trade 598 138 40 5 89 870
Transport, postal & warehousing 338 71 25 1 73 508
Wholesale trade 164 35 12 0 33 244
Total 6,302 1,325 478 26 1,328 9,459
Less than 5 FTE
Between 5 and 19 FTE
Between 20 and 199 FTE
200 or more FTE Not known Total
Australian Capital Territory 127 46 12 0 24 209
New South Wales 2,666 483 171 17 662 3,999
Northern Territory 17 3 2 0 2 24
Queensland 1,158 286 98 4 311 1,857South Australia 273 68 24 2 31 398
Tasmania 72 28 10 0 7 117
Victoria 1,623 316 124 3 250 2,316
Western Australia 365 94 37 0 41 537
International registered addresses 1 1 0 0 0 2
Total 6,302 1,325 478 26 1,328 9,459
© Australian Securities & Investments Commission
Full time employees
Industry
Region
Australian insolvency statistics
Released: October 2014Table 3.1.2.1 - Initial external administrators' reports—Size of company as measured by number of FTEs by industry (1 July 2013–30 June 2014)
Table 3.1.2.2 - Initial external administrators' reports—Size of company as measured by number of FTEs by region (1 July 2013–30 June 2014)
Full-time equivalent employees
Under capitalisation
Poor financial control
including lack of records
Poor management
of accounts receivable
Poor strategic management
of business
Inadequate cash flow or
high cash usePoor economic
conditionsNatural disaster Fraud DOCA failed
Dispute among directors Trading losses
Industry restructuring Other
Nominated causes of
failure
Accommodation & food services 188 270 24 426 405 258 17 6 4 36 410 8 205 2,257
Administrative & support services 25 36 19 63 47 36 0 0 0 3 56 3 49 337
Agriculture, forestry & fishing 44 46 17 85 86 42 21 3 1 7 65 9 64 490
Arts & recreation services 25 31 11 49 49 37 0 1 0 3 34 3 21 264Construction 435 660 336 892 1000 558 17 30 35 52 698 50 611 5,374
Education & training 8 23 6 26 26 14 0 1 0 1 25 2 37 169
Electricity, gas, water & waste services 34 49 24 80 80 53 1 1 1 5 50 10 52 440
FIS–Credit provider 3 1 3 12 5 0 0 0 0 0 0 0 8 32
FIS–Deposit taking institutions 1 0 0 3 1 1 0 0 0 0 0 0 0 6
FIS–Insurance 2 1 0 3 4 0 0 1 0 1 0 0 7 19
FIS–Managed investments 6 23 1 26 28 9 0 2 0 2 6 1 24 128
FIS–Other financial services 19 39 26 64 58 39 1 7 0 4 22 2 59 340
FIS–Superannuation 0 1 2 2 1 1 0 0 0 0 2 0 3 12
Health care & social assistance 14 20 8 43 38 17 0 4 0 7 28 9 31 219
Information media & telecommunications 56 63 28 98 98 59 0 5 3 11 88 12 53 574
Manufacturing 111 118 77 201 214 156 8 5 2 23 187 23 121 1,246
Mining 36 26 13 43 54 43 2 2 2 1 25 3 33 283
Other (business & personal) services 349 894 223 999 949 444 22 32 2 54 672 45 739 5,424
Professional, scientific & technical services 35 50 26 76 74 35 3 4 0 9 61 3 65 441
Public administration & safety 2 7 2 4 3 1 0 2 0 0 5 0 2 28
Rental, hiring & real estate services 53 64 26 95 108 73 2 7 0 12 57 1 81 579
Retail trade 165 240 53 363 399 283 15 10 3 27 352 24 220 2,154
Transport, postal & warehousing 82 182 57 221 223 88 11 11 1 8 150 9 159 1,202
Wholesale trade 50 64 35 101 81 65 2 12 1 5 85 5 82 588
Total 1,743 2,908 1,017 3,975 4,031 2,312 122 146 55 271 3,078 222 2,726 22,606
Under capitalisation
Poor financial control
including lack of records
Poor management
of accounts receivable
Poor strategic management
of business
Inadequate cash flow or
high cash usePoor economic
conditionsNatural disaster Fraud DOCA failed
Dispute among directors Trading losses
Industry restructuring Other
Nominated causes of
failure
Australian Capital Territory 57 80 20 68 106 36 0 3 1 6 91 1 70 539
New South Wales 647 1463 396 1681 1721 826 20 48 15 83 1241 83 1186 9,410
Northern Territory 3 5 2 9 13 6 0 0 0 1 10 0 8 57
Queensland 312 433 208 883 773 609 79 28 26 54 552 50 434 4,441 South Australia 97 93 38 167 171 114 1 12 2 8 172 9 108 992
Tasmania 23 22 14 48 45 36 0 0 0 8 45 9 38 288
Victoria 464 652 256 842 910 542 19 45 8 75 745 52 728 5,338
Western Australia 140 160 82 276 290 143 2 10 3 36 221 18 154 1,535
International registered addresses 0 0 1 1 2 0 1 0 0 0 1 0 0 6
Total 1,743 2,908 1,017 3,975 4,031 2,312 122 146 55 271 3,078 222 2,726 22,606
© Australian Securities & Investments Commission
Nominated causes of company failure
Industry
Region
Australian insolvency statistics
Released: October 2014Table 3.1.3.1 - Initial external administrators' reports—Nominated causes of failure by industry (1 July 2013–30 June 2014)
Table 3.1.3.2 - Initial external administrators' reports—Nominated causes of failure by region (1 July 2013–30 June 2014)
Nominated causes of company failure
Section 184—Good faith, use of
position and use ofinformation—
Directors’, officers’and employees’
duties
Section 206A—Disqualified
persons not tomanage
corporations
Sections 286 & 344(2)—
Obligation to keepfinancial records
Section 471A—Powers of other
officers suspendedduring winding up
Section 588G(3)—Insolvent trading
Section 590—Offences by
officers oremployees
Section 596AB—Agreements to
avoid employeeentitlements
Other criminal offences under the
Corporations Act Sub-total
Sections 429, 438B & 475—
Report as to company’s affairs
Section 530A—Officers to help
liquidator
Section 530B—Requirement to
provide liquidatorwith company’s
books Sub-total
Section 180—Care and
diligence—Directors’ and officers’ duties
Section 181—Good faith—
Directors’ and officers’ duties
Section 182—Use of position—
Directors’, officer’sand employees’
duties
Section 183—Use of
information—Directors’, officers’
and employees’duties
Sections 286 & 344(1)—
Obligation to keepfinancial records
Section 588G(1)–(2)—
Insolvent trading Sub-total
Criminal offence under the
Corporations Act (if a member or
contributory)
Criminal offence under another
Commonwealth statute
Criminal offence under a state or
territory law Sub-total
May havemisapplied or
retained, or may have become
liable or accountable for
money or propertyof the company
May have beenguilty of
negligence, default, breach ofduty or breach oftrust in relation to
the company Sub-totalNo misconduct
reported
Accommodation & food services 127 15 4 30 5 38 9 0 3 104 87 84 65 236 239 104 60 15 336 571 1,325 1 5 0 6 5 3 8 1,679 195Administrative & support services 15 1 1 6 0 7 1 0 1 17 12 11 12 35 52 23 16 5 39 82 217 0 1 1 2 0 0 0 271 35Agriculture, forestry & fishing 29 7 1 5 0 3 0 1 1 18 21 13 12 46 52 25 13 3 54 86 233 0 0 0 0 2 1 3 300 64Arts & recreation services 14 1 0 4 0 3 0 0 0 8 8 6 7 21 28 8 7 1 43 61 148 0 1 0 1 1 1 2 180 21Construction 324 42 10 78 4 75 25 1 12 247 233 227 225 685 507 280 196 73 782 1,220 3,058 2 8 5 15 12 13 25 4,030 520Education & training 27 12 1 1 0 3 1 0 0 18 5 5 4 14 27 16 18 3 35 44 143 0 1 0 1 1 0 1 177 13Electricity, gas, water & waste services 30 2 1 6 0 3 2 1 1 16 9 6 7 22 51 22 13 4 51 106 247 0 0 0 0 2 0 2 287 47FIS–Credit provider 5 4 1 0 0 0 1 0 1 7 1 0 0 1 5 5 4 3 3 7 27 0 0 0 0 0 2 2 37 8FIS–Deposit taking institutions 0 0 0 1 0 0 0 0 0 1 0 0 1 1 0 0 0 0 2 1 3 0 0 0 0 0 0 0 5 1FIS–Insurance 1 1 0 1 0 0 1 0 1 4 1 1 1 3 1 1 2 1 4 3 12 0 0 0 0 0 0 0 19 2FIS–Managed investments 21 20 0 1 0 1 1 0 2 25 4 7 4 15 33 30 25 19 24 26 157 0 0 2 2 0 4 4 203 15FIS–Other financial services 26 9 0 9 0 12 2 0 2 34 9 9 12 30 43 24 20 7 56 90 240 1 1 0 2 2 2 4 310 29FIS–Superannuation 2 2 0 1 1 0 1 0 0 5 0 2 2 4 2 2 2 2 3 1 12 0 0 0 0 0 0 0 21 4Health care & social assistance 7 2 1 2 1 3 2 0 0 11 3 2 5 10 24 8 6 1 26 50 115 0 0 0 0 1 2 3 139 31Information media & telecommunications 30 8 2 7 0 12 4 0 0 33 21 29 22 72 75 45 29 7 77 130 363 1 4 2 7 2 4 6 481 61Manufacturing 84 15 0 14 1 24 6 0 2 62 34 33 31 98 130 70 61 21 133 298 713 0 1 1 2 6 7 13 888 98Mining 20 8 0 3 0 4 4 0 2 21 7 5 7 19 43 31 19 5 25 54 177 0 0 0 0 1 2 3 220 29Other (business & personal) services 369 50 6 77 8 91 16 1 11 260 358 299 246 903 666 304 194 48 1,076 1,437 3,725 1 2 2 5 14 9 23 4,916 534Professional, scientific & technical services 31 9 1 14 0 13 3 0 1 41 11 10 10 31 51 27 25 5 65 99 272 0 1 0 1 2 2 4 349 46Public administration & safety 2 1 0 2 0 2 1 0 0 6 0 1 1 2 6 3 2 0 4 9 24 0 0 0 0 0 0 0 32 2Rental, hiring & real estate services 41 10 1 8 0 12 4 0 1 36 21 21 23 65 74 46 39 10 80 121 370 0 0 1 1 7 11 18 490 78Retail trade 139 15 1 30 1 42 12 1 2 104 60 63 75 198 233 120 73 35 292 503 1,256 0 0 3 3 7 8 15 1,576 236Transport, postal & warehousing 103 10 3 19 4 22 9 0 4 71 78 85 66 229 128 67 50 21 199 289 754 1 1 4 6 7 5 12 1,072 107Wholesale trade 36 11 2 14 1 11 11 0 0 50 35 30 31 96 72 41 26 6 77 137 359 0 0 1 1 3 4 7 513 65Total 1,483 255 36 333 26 381 116 5 47 1,199 1,018 949 869 2,836 2,542 1,302 900 295 3,486 5,425 13,950 7 26 22 55 75 80 155 18,195 2,241
Section 184—Good faith, use of
position and use ofinformation—
Directors’, officers’and employees’
duties
Section 206A—Disqualified
persons not tomanage
corporations
Sections 286 & 344(2)—
Obligation to keepfinancial records
Section 471A—Powers of other
officers suspendedduring winding up
Section 588G(3)—Insolvent trading
Section 590—Offences by
officers oremployees
Section 596AB—Agreements to
avoid employeeentitlements
Other criminal offences under the
Corporations Act Sub-total
Sections 429, 438B & 475—
Report as to company’s affairs
Section 530A—Officers to help
liquidator
Section 530B—Requirement to
provide liquidatorwith company’s
books Sub-total
Section 180—Care and
diligence—Directors’ and officers’ duties
Section 181—Good faith—
Directors’ and officers’ duties
Section 182—Use of position—
Directors’, officer’sand employees’
duties
Section 183—Use of
information—Directors’, officers’
and employees’duties
Sections 286 & 344(1)—
Obligation to keepfinancial records
Section 588G(1)–(2)—
Insolvent trading Sub-total
Criminal offence under the
Corporations Act (if a member or
contributory)
Criminal offence under another
Commonwealth statute
Criminal offence under a state or
territory law Sub-total
May havemisapplied or
retained, or may have become
liable or accountable for
money or propertyof the company
May have beenguilty of
negligence, default, breach ofduty or breach oftrust in relation to
the company Sub-totalNo misconduct
reported
Australian Capital Territory 49 5 2 4 1 7 2 0 0 21 23 15 20 58 89 39 25 2 95 138 388 0 3 0 3 2 3 5 475 36New South Wales 620 89 15 181 13 171 40 2 26 537 598 499 457 1,554 1,153 506 365 131 1,797 2,624 6,576 1 2 5 8 22 17 39 8,714 653Northern Territory 4 1 0 0 0 0 1 0 0 2 2 4 3 9 6 5 3 1 6 13 34 0 0 0 0 0 1 1 46 6Queensland 250 60 6 65 1 73 23 1 7 236 132 171 156 459 471 278 155 53 437 789 2,183 3 3 4 10 18 27 45 2,933 658South Australia 62 14 4 7 0 46 2 0 3 76 57 35 29 121 101 33 27 3 91 260 515 0 2 1 3 5 2 7 722 71Tasmania 19 3 0 2 1 3 0 0 0 9 2 3 3 8 25 15 11 6 29 68 154 0 0 1 1 2 2 4 176 39Victoria 397 60 8 48 8 53 35 1 10 223 168 183 165 516 475 271 217 73 865 1,211 3,112 2 14 7 23 17 15 32 3,906 643Western Australia 82 23 1 26 2 28 13 1 1 95 36 39 36 111 222 155 97 26 166 322 988 1 2 4 7 9 13 22 1,223 133International registered addresses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2Total 1,483 255 36 333 26 381 116 5 47 1,199 1,018 949 869 2,836 2,542 1,302 900 295 3,486 5,425 13,950 7 26 22 55 75 80 155 18,195 2,241
© Australian Securities & Investments Commission
Released: October 2014
Australian insolvency statistics
Number of reports where external
administrator had documentary evidence and
recommended the case warranted inquiry by ASIC
Other criminal offences Other possible misconductPre-appointment criminal misconduct Post-appointment criminal misconduct Alleged breaches of civil obligations
IndustryTotal misconduct
reported
Region
Table 3.1.4.2 - Initial external administrators' reports—Possible misconduct by region (1 July 2013–30 June 2014)
Number of reports where external
administrator had documentary evidence and
recommended the case warranted inquiry by ASIC
Table 3.1.4.1 - Initial external administrators' reports—Possible misconduct by industry (1 July 2013–30 June 2014)
Pre-appointment criminal misconduct Post-appointment criminal misconduct Alleged breaches of civil obligations Other criminal offences Other possible misconduct
Total misconduct reported
Section 184—Good faith, use of
position and use of information—
Directors’, officers’ and employees’
duties
Section 206A—Disqualified
persons not to manage
corporations
Sections 286 & 344(2)—
Obligation to keep financial records
Section 471A—Powers of other
officers suspended during winding up
Section 588G(3)—Insolvent trading
Section 590—Offences by
officers or employees
Section 596AB—Agreements to
avoid employee entitlements
Other criminal offences under the
Corporations Act Sub-total
Section 180—Care and
diligence—Directors’ and officers’ duties
Section 181—Good faith—
Directors’ and officers’ duties
Section 182—Use of position—
Directors’, officer’s and employees’
duties
Section 183—Use of
information—Directors’, officers’
and employees’ duties
Sections 286 & 344(1)—
Obligation to keep financial records
Section 588G(1)–(2)—
Insolvent trading Sub-total
Accommodation & food services No. of offences 15 4 30 5 38 9 0 3 104 239 104 60 15 336 571 1,325
Accommodation & food services Evidence with liquidator 14 3 17 4 29 9 0 1 77 163 84 52 11 200 411 921
Accommodation & food services Evidence with 3rd party 4 0 1 0 3 2 0 1 11 9 8 4 3 8 20 52
Administrative & support services No. of offences 1 1 6 0 7 1 0 1 17 52 23 16 5 39 82 217
Administrative & support services Evidence with liquidator 1 1 4 0 6 1 0 1 14 36 13 16 5 29 63 162
Administrative & support services Evidence with 3rd party 0 0 0 0 0 0 0 0 0 2 1 2 1 1 1 8
Agriculture, forestry & fishing No. of offences 7 1 5 0 3 0 1 1 18 52 25 13 3 54 86 233
Agriculture, forestry & fishing Evidence with liquidator 6 1 2 0 2 0 1 1 13 43 23 12 3 32 71 184
Agriculture, forestry & fishing Evidence with 3rd party 1 0 0 0 1 0 0 0 2 5 4 4 0 0 6 19
Arts & recreation services No. of offences 1 0 4 0 3 0 0 0 8 28 8 7 1 43 61 148
Arts & recreation services Evidence with liquidator 1 0 2 0 2 0 0 0 5 20 6 6 0 28 46 106
Arts & recreation services Evidence with 3rd party 0 0 0 0 0 0 0 0 0 2 1 1 1 0 2 7
Construction No. of offences 42 10 78 4 75 25 1 12 247 507 280 196 73 782 1,220 3,058
Construction Evidence with liquidator 29 7 49 4 56 18 1 9 173 352 202 144 49 476 916 2,139
Construction Evidence with 3rd party 15 3 10 3 10 10 0 2 53 54 34 26 10 35 58 217
Education & training No. of offences 12 1 1 0 3 1 0 0 18 27 16 18 3 35 44 143
Education & training Evidence with liquidator 12 1 0 0 2 1 0 0 16 22 12 12 1 31 35 113
Education & training Evidence with 3rd party 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 3
Electricity, gas, water & waste services No. of offences 2 1 6 0 3 2 1 1 16 51 22 13 4 51 106 247
Electricity, gas, water & waste services Evidence with liquidator 2 1 1 0 3 2 0 0 9 39 16 9 3 32 82 181
Electricity, gas, water & waste services Evidence with 3rd party 0 0 0 0 0 0 0 0 0 3 2 2 0 3 4 14
FIS–Credit provider No. of offences 4 1 0 0 0 1 0 1 7 5 5 4 3 3 7 27
FIS–Credit provider Evidence with liquidator 4 1 0 0 0 1 0 1 7 5 5 4 3 1 4 22
FIS–Credit provider Evidence with 3rd party 3 0 0 0 0 0 0 0 3 3 3 3 3 0 0 12
FIS–Deposit taking institutions No. of offences 0 0 1 0 0 0 0 0 1 0 0 0 0 2 1 3
FIS–Deposit taking institutions Evidence with liquidator 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 2
FIS–Deposit taking institutions Evidence with 3rd party 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1
FIS–Insurance No. of offences 1 0 1 0 0 1 0 1 4 1 1 2 1 4 3 12
FIS–Insurance Evidence with liquidator 1 0 1 0 0 1 0 1 4 1 1 2 1 4 3 12
FIS–Insurance Evidence with 3rd party 0 0 0 0 0 1 0 1 2 0 0 1 0 0 0 1
FIS–Managed investments No. of offences 20 0 1 0 1 1 0 2 25 33 30 25 19 24 26 157
FIS–Managed investments Evidence with liquidator 20 0 0 0 1 1 0 2 24 29 27 23 17 19 21 136
FIS–Managed investments Evidence with 3rd party 16 0 0 0 1 1 0 1 19 15 16 15 14 15 2 77
FIS–Other financial services No. of offences 9 0 9 0 12 2 0 2 34 43 24 20 7 56 90 240
FIS–Other financial services Evidence with liquidator 4 0 3 0 7 1 0 2 17 28 17 14 6 31 65 161
FIS–Other financial services Evidence with 3rd party 5 0 1 0 3 2 0 2 13 7 7 7 1 4 5 31
FIS–Superannuation No. of offences 2 0 1 1 0 1 0 0 5 2 2 2 2 3 1 12
FIS–Superannuation Evidence with liquidator 2 0 1 1 0 1 0 0 5 2 2 2 2 2 0 10
FIS–Superannuation Evidence with 3rd party 2 0 1 1 0 1 0 0 5 2 2 2 2 2 0 10
Health care & social assistance No. of offences 2 1 2 1 3 2 0 0 11 24 8 6 1 26 50 115
Health care & social assistance Evidence with liquidator 2 1 1 1 1 2 0 0 8 20 5 3 1 15 39 83
Health care & social assistance Evidence with 3rd party 0 0 0 1 0 0 0 0 1 4 2 1 0 2 2 11
Information media & telecommunications No. of offences 8 2 7 0 12 4 0 0 33 75 45 29 7 77 130 363
Information media & telecommunications Evidence with liquidator 6 2 6 0 8 3 0 0 25 53 35 24 6 46 99 263
Information media & telecommunications Evidence with 3rd party 2 1 1 0 1 0 0 0 5 0 3 1 2 5 9 20
Manufacturing No. of offences 15 0 14 1 24 6 0 2 62 130 70 61 21 133 298 713
Manufacturing Evidence with liquidator 15 0 8 1 19 6 0 2 51 102 56 49 16 95 247 565
Manufacturing Evidence with 3rd party 5 0 1 0 2 2 0 0 10 18 17 12 3 10 17 77
Mining No. of offences 8 0 3 0 4 4 0 2 21 43 31 19 5 25 54 177
Mining Evidence with liquidator 5 0 2 0 3 2 0 0 12 32 22 14 4 15 38 125
Mining Evidence with 3rd party 3 0 1 0 0 3 0 0 7 5 7 4 2 3 10 31
Other (business & personal) services No. of offences 50 6 77 8 91 16 1 11 260 666 304 194 48 1,076 1,437 3,725
Other (business & personal) services Evidence with liquidator 38 6 44 6 65 13 1 7 180 426 221 154 36 640 973 2,450
Other (business & personal) services Evidence with 3rd party 23 2 5 4 9 6 0 2 51 51 29 22 6 28 39 175
Professional, scientific & technical services No. of offences 9 1 14 0 13 3 0 1 41 51 27 25 5 65 99 272
Professional, scientific & technical services Evidence with liquidator 8 1 9 0 13 3 0 1 35 41 23 24 5 43 79 215
Professional, scientific & technical services Evidence with 3rd party 2 0 0 0 0 1 0 0 3 4 3 3 2 0 3 15
Public administration & safety No. of offences 1 0 2 0 2 1 0 0 6 6 3 2 0 4 9 24
Public administration & safety Evidence with liquidator 1 0 2 0 2 1 0 0 6 4 3 2 0 4 7 20
Public administration & safety Evidence with 3rd party 1 0 1 0 1 1 0 0 4 1 1 1 0 1 1 5
Released: October 2014
Australian insolvency statistics
Table 3.1.4.3 - Initial external administrators' reports—Possible misconduct and documentary evidence by industry (1 July 2013–30 June 2014)
Industry Offences and evidence
Pre-appointment criminal misconduct Alleged breaches of civil obligations
Section 184—Good faith, use of
position and use of information—
Directors’, officers’ and employees’
duties
Section 206A—Disqualified
persons not to manage
corporations
Sections 286 & 344(2)—
Obligation to keep financial records
Section 471A—Powers of other
officers suspended during winding up
Section 588G(3)—Insolvent trading
Section 590—Offences by
officers or employees
Section 596AB—Agreements to
avoid employee entitlements
Other criminal offences under the
Corporations Act Sub-total
Section 180—Care and
diligence—Directors’ and officers’ duties
Section 181—Good faith—
Directors’ and officers’ duties
Section 182—Use of position—
Directors’, officer’s and employees’
duties
Section 183—Use of
information—Directors’, officers’
and employees’ duties
Sections 286 & 344(1)—
Obligation to keep financial records
Section 588G(1)–(2)—
Insolvent trading Sub-totalIndustry Offences and evidence
Pre-appointment criminal misconduct Alleged breaches of civil obligations
Rental, hiring & real estate services No. of offences 10 1 8 0 12 4 0 1 36 74 46 39 10 80 121 370
Rental, hiring & real estate services Evidence with liquidator 9 1 5 0 8 3 0 1 27 58 37 34 9 43 96 277
Rental, hiring & real estate services Evidence with 3rd party 3 0 0 0 2 0 0 0 5 7 7 8 2 1 1 26
Retail trade No. of offences 15 1 30 1 42 12 1 2 104 233 120 73 35 292 503 1,256
Retail trade Evidence with liquidator 13 1 19 1 27 11 1 2 75 190 94 64 33 184 397 962
Retail trade Evidence with 3rd party 6 0 2 0 5 3 0 2 18 16 8 9 4 8 22 67
Transport, postal & warehousing No. of offences 10 3 19 4 22 9 0 4 71 128 67 50 21 199 289 754
Transport, postal & warehousing Evidence with liquidator 8 1 8 3 13 8 0 4 45 94 46 34 15 118 220 527
Transport, postal & warehousing Evidence with 3rd party 3 2 2 1 3 5 0 0 16 8 7 8 2 6 11 42
Wholesale trade No. of offences 11 2 14 1 11 11 0 0 50 72 41 26 6 77 137 359
Wholesale trade Evidence with liquidator 5 2 12 0 10 4 0 0 33 57 28 15 2 54 110 266
Wholesale trade Evidence with 3rd party 1 0 1 0 2 1 0 0 5 3 4 2 0 4 13 26
Total No. of offences 255 36 333 26 381 116 5 47 1,199 2,542 1,302 900 295 3,486 5,425 13,950
Total Evidence with liquidator 206 30 197 21 277 92 4 35 862 1,817 978 713 228 2,143 4,023 9,902
Total Evidence with 3rd party 95 9 28 10 43 39 0 11 235 220 167 139 58 137 226 947
Section 184—Good faith, use of
position and use of information—
Directors’, officers’ and employees’
duties
Section 206A—Disqualified
persons not to manage
corporations
Sections 286 & 344(2)—
Obligation to keep financial records
Section 471A—Powers of other
officers suspended during winding up
Section 588G(3)—Insolvent trading
Section 590—Offences by
officers or employees
Section 596AB—Agreements to
avoid employee entitlements
Other criminal offences under the
Corporations Act Sub-total
Section 180—Care and
diligence—Directors’ and officers’ duties
Section 181—Good faith—
Directors’ and officers’ duties
Section 182—Use of position—
Directors’, officer’s and employees’
duties
Section 183—Use of
information—Directors’, officers’
and employees’ duties
Sections 286 & 344(1)—
Obligation to keep financial records
Section 588G(1)–(2)—
Insolvent trading Sub-total
Australian Capital Territory No. of offences 5 2 4 1 7 2 0 0 21 89 39 25 2 95 138 388
Australian Capital Territory Evidence with liquidator 4 2 3 1 4 2 0 0 16 82 36 23 2 80 116 339
Australian Capital Territory Evidence with 3rd party 1 0 1 0 1 1 0 0 4 7 5 6 2 4 24
New South Wales No. of offences 89 15 181 13 171 40 2 26 537 1,153 506 365 131 1,797 2,624 6,576
New South Wales Evidence with liquidator 65 12 96 10 109 29 2 18 341 744 356 293 106 1,029 1,768 4,296
New South Wales Evidence with 3rd party 29 4 8 3 11 11 0 2 68 55 41 36 14 40 69 255
Northern Territory No. of offences 1 0 0 0 0 1 0 0 2 6 5 3 1 6 13 34
Northern Territory Evidence with liquidator 1 0 0 0 0 1 0 0 2 4 3 3 1 5 12 28
Northern Territory Evidence with 3rd party 0 0 0 0 0 1 0 0 1 1 1 1 2 5
Queensland No. of offences 60 6 65 1 73 23 1 7 236 471 278 155 53 437 789 2,183
Queensland Evidence with liquidator 51 4 39 1 61 19 1 5 181 379 242 133 42 304 648 1,748
Queensland Evidence with 3rd party 22 3 12 1 11 10 0 3 62 68 52 40 18 35 48 261
South Australia No. of offences 14 4 7 0 46 2 0 3 76 101 33 27 3 91 260 515
South Australia Evidence with liquidator 13 4 4 0 41 2 0 3 67 94 31 23 2 74 234 458
South Australia Evidence with 3rd party 7 2 0 0 3 0 0 2 14 12 9 6 1 3 17 48
Tasmania No. of offences 3 0 2 1 3 0 0 0 9 25 15 11 6 29 68 154
Tasmania Evidence with liquidator 3 0 2 1 3 0 0 0 9 19 13 9 5 21 59 126
Tasmania Evidence with 3rd party 0 0 0 1 0 0 0 0 1 5 2 2 1 11 21
Victoria No. of offences 60 8 48 8 53 35 1 10 223 475 271 217 73 865 1,211 3,112
Victoria Evidence with liquidator 51 8 40 6 45 28 0 9 187 343 201 175 59 514 950 2,242
Victoria Evidence with 3rd party 29 0 7 4 13 13 0 4 70 59 46 39 24 47 65 280
Western Australia No. of offences 23 1 26 2 28 13 1 1 95 222 155 97 26 166 322 988
Western Australia Evidence with liquidator 18 0 13 2 14 11 1 0 59 152 96 54 11 116 236 665
Western Australia Evidence with 3rd party 7 0 0 1 4 3 0 0 15 13 11 10 1 8 10 53
International registered addresses No. of offences 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
International registered addresses Evidence with liquidator 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
International registered addresses Evidence with 3rd party 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Total No. of offences 255 36 333 26 381 116 5 47 1,199 2,542 1,302 900 295 3,486 5,425 13,950
Total Evidence with liquidator 206 30 197 21 277 92 4 35 862 1,817 978 713 228 2,143 4,023 9,902
Total Evidence with 3rd party 95 9 28 10 43 39 0 11 235 220 167 139 58 137 226 947
© Australian Securities & Investments Commission
Region Offences and evidence
Pre-appointment criminal misconduct Alleged breaches of civil obligations
Table 3.1.4.4 - Initial external administrators' reports—Possible misconduct and documentary evidence by region (1 July 2013–30 June 2014)
Less than $1 $1–$10,000$10,001–$20,000
$20,001–$30,000
$30,001–$50,000
$50,001–$100,000
$100,001–$250,000
$250,001–$5 million Over $5 million $1–$250,000
$250,001–less than $1 million
$1 million–less than $5 million
$5 million–$10 million
Over $10 million $0–$50,000
$50,001–$250,000
$250,001–less than $500
000
$500,000–less than $1 million
$1 million–less than $5 million
$5 million–$10 million
Over $10 million
Accommodation & food services 367 202 90 68 57 51 34 47 0 373 374 143 14 12 88 305 221 151 126 13 12 916
Administrative & support services 75 33 8 2 8 4 7 6 0 62 43 22 2 14 14 52 27 13 21 2 14 143
Agriculture, forestry & fishing 73 25 17 4 8 14 19 28 7 60 52 46 9 28 26 39 27 27 44 8 24 195
Arts & recreation services 34 28 13 8 6 6 3 3 1 45 31 20 3 3 13 37 19 9 18 3 3 102Construction 860 441 193 90 89 126 138 191 25 901 693 413 65 81 280 701 373 299 372 61 67 2,153
Education & training 32 17 5 4 5 3 3 3 1 29 29 12 2 1 8 21 19 11 12 1 1 73
Electricity, gas, water & waste services 55 31 27 7 12 14 21 12 0 71 71 32 2 3 18 59 43 28 26 2 3 179
FIS–Credit provider 5 1 1 0 2 0 3 7 0 3 4 1 9 2 1 2 3 1 2 8 2 19
FIS–Deposit taking institutions 3 0 0 0 0 0 0 0 0 3 0 0 0 0 1 2 0 0 0 0 0 3
FIS–Insurance 3 4 0 0 0 0 1 0 0 6 1 1 0 0 3 3 0 1 1 0 0 8
FIS–Managed investments 30 12 2 1 1 1 2 3 2 16 17 13 3 5 7 11 10 5 14 2 5 54
FIS–Other financial services 63 28 20 11 3 8 5 8 1 59 38 35 7 8 15 44 24 17 32 8 7 147
FIS–Superannuation 3 1 1 0 0 0 1 1 0 3 1 2 1 0 2 1 1 1 1 1 0 7
Health care & social assistance 41 13 14 3 3 4 6 8 0 30 28 16 9 9 9 24 14 14 15 7 9 92
Information media & telecommunications 78 52 20 9 14 12 21 16 1 87 85 39 6 6 27 69 50 28 39 4 6 223
Manufacturing 125 88 34 27 31 38 52 61 7 138 165 122 17 21 28 124 91 78 106 17 19 463
Mining 28 11 10 6 2 10 14 24 3 25 26 40 7 10 12 19 10 17 34 7 9 108
Other (business & personal) services 1,242 521 174 111 94 108 90 137 5 1,316 766 293 48 59 492 890 435 298 268 47 52 2,482
Professional, scientific & technical services 66 44 18 6 11 14 16 11 1 82 68 29 3 5 27 58 36 31 28 3 4 187
Public administration & safety 2 2 0 0 2 2 3 0 0 4 3 2 1 1 0 5 1 2 1 1 1 11
Rental, hiring & real estate services 119 34 17 11 6 16 15 41 13 109 79 52 18 14 42 76 48 33 49 14 10 272
Retail trade 290 224 91 35 63 60 52 53 2 329 318 163 31 29 75 276 170 144 148 31 26 870
Transport, postal & warehousing 205 87 49 20 31 29 32 54 1 263 157 63 13 12 96 187 87 64 52 13 9 508
Wholesale trade 99 44 18 7 13 21 12 30 0 79 79 59 7 20 22 60 39 44 53 6 20 244
Total 3,898 1,943 822 430 461 541 550 744 70 4,093 3,128 1,618 277 343 1,306 3,065 1,748 1,316 1,462 259 303 9,459
Less than $1 $1–$10,000$10,001–$20,000
$20,001–$30,000
$30,001–$50,000
$50,001–$100,000
$100,001–$250,000
$250,001–$5 million Over $5 million $1–$250,000
$250,001–less than $1 million
$1 million–less than $5 million
$5 million–$10 million
Over $10 million $0–$50,000
$50,001–$250,000
$250,001–less than $500
000
$500,000–less than $1 million
$1 million–less than $5 million
$5 million–$10 million
Over $10 million
Australian Capital Territory 61 35 21 19 19 18 14 21 1 105 65 25 5 9 34 81 33 27 23 4 7 209
New South Wales 1,874 802 335 179 166 194 182 240 27 2,021 1,159 565 104 150 790 1,326 663 469 519 96 136 3,999
Northern Territory 9 5 1 1 2 0 3 3 0 7 13 2 2 0 3 5 9 3 2 2 0 24
Queensland 738 391 168 82 86 99 112 164 17 721 657 343 60 76 165 614 358 282 314 59 65 1,857
South Australia 140 89 33 11 38 29 25 31 2 165 129 74 14 16 41 133 72 57 68 12 15 398
Tasmania 27 23 8 5 8 12 13 21 0 35 52 25 3 2 19 26 36 15 16 3 2 117
Victoria 903 503 216 105 104 135 156 183 11 879 854 449 70 64 215 738 464 367 408 65 59 2,316
Western Australia 146 94 40 28 38 53 45 81 12 159 198 135 19 26 39 141 113 95 112 18 19 537
International registered addresses 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 1 0 1 0 0 0 2
Total 3,898 1,943 822 430 461 541 550 744 70 4,093 3,128 1,618 277 343 1,306 3,065 1,748 1,316 1,462 259 303 9,459
© Australian Securities & Investments Commission
No. of reports
Australian insolvency statistics
Released: October 2014Table 3.1.5.1 - Initial external administrators' reports—Assets, liabilities and deficiency by industry (1 July 2013–30 June 2014)
Table 3.1.5.2 - Initial external administrators' reports—Assets, liabilities and deficiency by region (1 July 2013–30 June 2014)
Industry No. of reports
Region
Estimated total realisable assets Estimated total liabilities Estimated total deficiency
Estimated total realisable assets Estimated total liabilities Estimated total deficiency
$1–$1,000$1,001–$10,000
$10,001–$50,000
$50,001–$150,000
$150,001–$250,000
$250,001–$500,000
$500,001–less than
$1.5 million$1.5 million–
$5 million Over $5 million Not Applicable No. of reports
Accommodation & food services 25 94 44 11 5 1 0 0 0 731 911
Administrative & support services 5 11 5 1 2 1 0 0 0 117 142
Agriculture, forestry & fishing 5 14 7 0 1 3 0 0 0 165 195
Arts & recreation services 5 9 3 3 0 0 0 0 0 81 101
Construction 61 178 116 31 10 4 2 0 0 1,748 2,150
Education & training 2 6 4 2 1 0 0 0 0 57 72
Electricity, gas, water & waste services 3 26 19 4 0 0 0 0 0 127 179
FIS–Credit provider 0 2 0 0 0 0 0 0 0 17 19
FIS–Deposit taking institutions 0 0 0 0 0 0 0 0 0 3 3
FIS–Insurance 0 1 0 0 0 0 0 0 0 7 8
FIS–Managed investments 1 0 3 0 0 1 0 0 0 49 54
FIS–Other financial services 16 7 3 4 0 0 0 0 0 117 147
FIS–Superannuation 1 0 0 0 0 0 0 0 0 6 7
Health care & social assistance 3 9 3 3 0 0 0 0 0 73 91
Information media & telecommunications 9 24 15 4 0 2 0 0 0 168 222
Manufacturing 15 74 50 17 3 1 0 0 0 302 462
Mining 3 7 7 4 1 1 1 0 0 84 108
Other (business & personal) services 59 197 88 25 3 5 4 1 0 2,098 2,480
Professional, scientific & technical services 3 14 10 7 2 2 1 1 1 146 187
Public administration & safety 1 0 0 0 0 0 0 0 0 10 11
Rental, hiring & real estate services 10 18 6 4 0 0 0 0 0 233 271
Retail trade 42 106 46 14 1 1 1 0 0 657 868
Transport, postal & warehousing 14 47 25 7 2 1 0 0 0 408 504
Wholesale trade 4 31 14 7 1 0 0 0 0 187 244
Total 287 875 468 148 32 23 9 2 1 7,591 9,436
Industry
Unpaid employee entitlements for wages
Note: Reports identified as being internally inconsistent are excluded from this table.
Australian insolvency statistics
Released: October 2014Table 3.1.6.1.1 - Initial external administrators' reports—Unpaid employee entitlements (wages) by industry (1 July 2013–30 June 2014)
$1–$1,000$1,001–$10,000
$10,001–$50,000
$50,001–$150,000
$150,001–$250,000
$250,001–$500,000
$500,001–less than
$1.5 million$1.5 million–
$5 million Over $5 million Not Applicable No. of reports
Accommodation & food services 19 101 76 16 2 0 0 0 0 697 911
Administrative & support services 1 9 8 10 0 0 1 0 0 113 142
Agriculture, forestry & fishing 7 10 15 4 2 0 0 0 0 157 195
Arts & recreation services 1 9 7 5 1 0 0 0 0 78 101
Construction 54 171 161 62 18 6 1 0 1 1,676 2,150
Education & training 3 7 7 2 0 0 0 0 0 53 72
Electricity, gas, water & waste services 3 21 25 10 0 1 1 0 0 118 179
FIS–Credit provider 1 2 1 1 0 0 0 0 0 14 19
FIS–Deposit taking institutions 0 0 0 0 0 0 0 0 0 3 3
FIS–Insurance 0 0 1 0 0 0 0 0 0 7 8
FIS–Managed investments 0 2 0 0 0 1 0 0 0 51 54
FIS–Other financial services 1 10 6 3 0 0 0 0 0 127 147
FIS–Superannuation 1 0 0 0 0 0 0 0 0 6 7
Health care & social assistance 1 10 9 8 0 1 0 0 0 62 91
Information media & telecommunications 6 24 26 13 2 1 1 0 0 149 222
Manufacturing 7 60 65 47 12 6 0 3 0 262 462
Mining 2 6 15 5 3 0 1 0 0 76 108
Other (business & personal) services 46 199 115 43 8 6 2 2 0 2,059 2,480
Professional, scientific & technical services 4 7 18 9 2 3 0 0 0 144 187
Public administration & safety 0 0 2 0 0 0 0 0 0 9 11
Rental, hiring & real estate services 5 20 14 7 1 0 0 0 0 224 271
Retail trade 27 109 80 31 5 4 3 1 0 608 868
Transport, postal & warehousing 8 49 35 17 5 3 2 0 0 385 504
Wholesale trade 4 25 20 13 1 3 0 0 0 178 244
Total 201 851 706 306 62 35 12 6 1 7,256 9,436
Industry
Unpaid employee entitlements for annual leave
Note: Reports identified as being internally inconsistent are excluded from this table.
Table 3.1.6.1.2 - Initial external administrators' reports—Unpaid employee entitlements (annual leave) by industry (1 July 2013–30 June 2014)
$1–$1,000$1,001–$10,000
$10,001–$50,000
$50,001–$150,000
$150,001–$250,000
$250,001–$500,000
$500,001–less than
$1.5 million$1.5 million–
$5 million Over $5 million Not Applicable No. of reports
Accommodation & food services 15 48 22 7 1 0 0 0 0 818 911
Administrative & support services 2 5 5 4 1 0 1 0 0 124 142
Agriculture, forestry & fishing 4 6 7 1 0 0 0 0 0 177 195
Arts & recreation services 2 2 5 2 0 0 0 0 0 90 101
Construction 46 90 105 36 11 3 1 0 0 1,858 2,150
Education & training 0 7 6 3 0 0 0 0 0 56 72
Electricity, gas, water & waste services 3 10 20 3 0 0 0 0 0 143 179
FIS–Credit provider 0 0 0 0 0 0 0 0 0 19 19
FIS–Deposit taking institutions 0 0 0 0 0 0 0 0 0 3 3
FIS–Insurance 0 0 1 0 0 0 0 0 0 7 8
FIS–Managed investments 0 2 0 0 0 1 0 0 0 51 54
FIS–Other financial services 0 5 4 1 0 0 0 0 0 137 147
FIS–Superannuation 1 0 0 0 0 0 0 0 0 6 7
Health care & social assistance 1 3 2 1 3 0 0 0 0 81 91
Information media & telecommunications 5 15 14 10 1 1 2 0 0 174 222
Manufacturing 7 30 55 33 8 4 4 0 0 321 462
Mining 1 6 9 5 2 1 1 0 0 83 108
Other (business & personal) services 43 76 63 20 6 5 4 1 1 2,261 2,480
Professional, scientific & technical services 3 6 12 7 1 1 1 0 1 155 187
Public administration & safety 1 0 0 0 0 0 0 0 0 10 11
Rental, hiring & real estate services 4 13 11 2 1 0 0 0 0 240 271
Retail trade 29 59 59 13 2 0 1 0 0 705 868
Transport, postal & warehousing 8 18 28 7 4 2 0 0 0 437 504
Wholesale trade 1 14 17 13 0 1 0 0 0 198 244
Total 176 415 445 168 41 19 15 1 2 8,154 9,436
Note: Reports identified as being internally inconsistent are excluded from this table.
Industry
Unpaid employee entitlements for pay in lieu of notice
Table 3.1.6.1.3 - Initial external administrators' reports—Unpaid employee entitlements (pay in lieu of notice) by industry (1 July 2013–30 June 2014)
$1–$1,000$1,001–$10,000
$10,001–$50,000
$50,001–$150,000
$150,001–$250,000
$250,001–$500,000
$500,001–less than
$1.5 million$1.5 million–
$5 million Over $5 million Not Applicable No. of reports
Accommodation & food services 8 16 22 9 3 1 0 0 1 851 911
Administrative & support services 0 1 6 2 1 2 0 1 0 129 142
Agriculture, forestry & fishing 4 4 5 3 0 0 0 0 0 179 195
Arts & recreation services 2 1 1 5 0 1 0 0 0 91 101
Construction 41 53 61 48 23 11 1 1 0 1,911 2,150
Education & training 0 5 4 3 0 0 0 0 0 60 72
Electricity, gas, water & waste services 1 6 11 7 2 0 0 0 0 152 179
FIS–Credit provider 0 0 0 0 0 0 0 0 0 19 19
FIS–Deposit taking institutions 0 0 0 0 0 0 0 0 0 3 3
FIS–Insurance 0 0 0 0 0 0 0 0 0 8 8
FIS–Managed investments 0 1 0 0 0 0 1 0 0 52 54
FIS–Other financial services 0 0 6 2 0 0 0 0 0 139 147
FIS–Superannuation 1 0 0 0 0 0 0 0 0 6 7
Health care & social assistance 1 2 2 2 2 0 0 0 0 82 91
Information media & telecommunications 5 5 8 11 4 0 2 0 1 186 222
Manufacturing 6 10 29 30 16 14 6 1 3 347 462
Mining 1 3 2 4 1 4 2 0 0 91 108
Other (business & personal) services 34 23 36 29 4 8 6 1 4 2,335 2,480
Professional, scientific & technical services 3 4 5 2 4 0 2 0 0 167 187
Public administration & safety 0 1 0 0 0 0 0 0 0 10 11
Rental, hiring & real estate services 2 4 5 3 0 2 0 0 0 255 271
Retail trade 19 15 37 24 4 4 3 0 0 762 868
Transport, postal & warehousing 7 4 15 7 5 6 1 0 0 459 504
Wholesale trade 0 4 6 10 7 1 0 1 0 215 244
Total 135 162 261 201 76 54 24 5 9 8,509 9,436
Industry
Unpaid employee entitlements for redundancy
Note: Reports identified as being internally inconsistent are excluded from this table.
Table 3.1.6.1.4 - Initial external administrators' reports—Unpaid employee entitlements (redundancy) by industry (1 July 2013–30 June 2014)
$1–$1,000$1,001–$10,000
$10,001–$50,000
$50,001–$150,000
$150,001–$250,000
$250,001–$500,000
$500,001–less than
$1.5 million$1.5 million–
$5 million Over $5 million Not Applicable No. of reports
Accommodation & food services 10 20 15 4 0 0 0 0 0 862 911
Administrative & support services 0 0 9 2 0 0 1 0 0 130 142
Agriculture, forestry & fishing 5 3 7 1 0 0 0 0 0 179 195
Arts & recreation services 1 3 2 3 0 0 0 0 0 92 101
Construction 43 58 60 23 3 4 1 0 1 1,957 2,150
Education & training 1 1 3 0 0 0 0 0 0 67 72
Electricity, gas, water & waste services 2 4 7 3 0 0 0 0 0 163 179
FIS–Credit provider 0 1 1 1 0 0 0 0 0 16 19
FIS–Deposit taking institutions 0 0 0 0 0 0 0 0 0 3 3
FIS–Insurance 0 0 0 0 0 0 0 0 0 8 8
FIS–Managed investments 0 1 0 0 0 1 0 0 0 52 54
FIS–Other financial services 0 2 6 1 0 0 0 0 0 138 147
FIS–Superannuation 1 0 0 0 0 0 0 0 0 6 7
Health care & social assistance 1 4 3 5 0 0 0 0 0 78 91
Information media & telecommunications 4 4 12 3 0 1 1 0 0 197 222
Manufacturing 2 22 52 33 9 4 1 1 0 338 462
Mining 1 4 8 1 1 0 0 0 0 93 108
Other (business & personal) services 36 45 55 20 4 4 0 1 2 2,313 2,480
Professional, scientific & technical services 5 1 5 10 0 0 0 0 0 166 187
Public administration & safety 1 0 0 0 0 0 0 0 0 10 11
Rental, hiring & real estate services 3 9 8 5 0 0 0 0 0 246 271
Retail trade 23 28 52 15 5 4 0 1 0 740 868
Transport, postal & warehousing 5 9 20 11 3 0 0 0 0 456 504
Wholesale trade 0 5 15 11 2 2 0 0 0 209 244
Total 144 224 340 152 27 20 4 3 3 8,519 9,436
Note: Reports identified as being internally inconsistent are excluded from this table.
Table 3.1.6.1.5 - Initial external administrators' reports—Unpaid employee entitlements (long service leave) by industry (1 July 2013–30 June 2014)
Industry
Unpaid employee entitlements for long service leave
$1–$100,000$100,001–$250,000
$250,001–$1 million Over $1 million Not Applicable No. of reports
Accommodation & food services 452 59 21 1 383 916
Administrative & support services 45 3 3 0 92 143
Agriculture, forestry & fishing 67 11 6 0 111 195
Arts & recreation services 52 2 0 0 48 102
Construction 707 72 20 3 1,351 2,153
Education & training 22 6 4 0 41 73
Electricity, gas, water & waste services 81 9 1 0 88 179
FIS–Credit provider 4 0 0 0 15 19
FIS–Deposit taking institutions 0 0 0 0 3 3
FIS–Insurance 1 0 0 0 7 8
FIS–Managed investments 8 1 1 0 44 54
FIS–Other financial services 28 3 0 0 116 147
FIS–Superannuation 2 0 0 0 5 7
Health care & social assistance 35 6 3 0 48 92
Information media & telecommunications 91 11 1 0 120 223
Manufacturing 222 36 15 0 190 463
Mining 43 4 5 1 55 108
Other (business & personal) services 734 82 28 4 1,634 2,482
Professional, scientific & technical services 65 11 3 0 108 187
Public administration & safety 4 0 0 0 7 11
Rental, hiring & real estate services 78 6 5 2 181 272
Retail trade 377 33 16 3 441 870
Transport, postal & warehousing 165 35 13 3 292 508
Wholesale trade 85 10 3 0 146 244
Total 3,368 400 148 17 5,526 9,459
Industry
Unpaid employee entitlements for superannuation
Note: Reports identified as being internally inconsistent are excluded from this table.
Table 3.1.6.1.6 - Initial external administrators' reports—Unpaid employee entitlements (superannuation) by industry (1 July 2013–30 June 2014)
$1–$1,000$1,001–$10,000
$10,001–$50,000
$50,001–$150,000
$150,001–$250,000
$250,001–$500,000
$500,001–less than
$1.5 million$1.5 million–
$5 million Over $5 million Not Applicable No. of reports
Australian Capital Territory 7 16 17 3 1 1 0 1 0 163 209
New South Wales 136 384 165 63 6 7 3 1 1 3,223 3,989
Northern Territory 1 2 0 0 0 0 0 0 0 21 24
Queensland 79 121 73 26 8 5 4 0 0 1,538 1,854
South Australia 8 49 30 7 3 2 0 0 0 299 398
Tasmania 4 20 11 1 0 0 1 0 0 80 117
Victoria 42 239 141 39 7 7 0 0 0 1,834 2,309
Western Australia 10 44 31 9 7 1 1 0 0 431 534
International registered addresses 0 0 0 0 0 0 0 0 0 2 2
Total 287 875 468 148 32 23 9 2 1 7,591 9,436
$1–$1,000$1,001–$10,000
$10,001–$50,000
$50,001–$150,000
$150,001–$250,000
$250,001–$500,000
$500,001–less than
$1.5 million$1.5 million–
$5 million Over $5 million Not Applicable No. of reports
Australian Capital Territory 12 15 11 10 1 2 0 0 0 158 209
New South Wales 86 342 269 107 29 17 6 4 1 3,128 3,989
Northern Territory 0 1 2 2 0 0 0 0 0 19 24
Queensland 63 138 146 50 7 5 1 1 0 1,443 1,854
South Australia 2 46 33 24 3 1 0 1 0 288 398
Tasmania 3 9 21 9 1 0 0 0 0 74 117
Victoria 30 252 171 81 14 9 3 0 0 1,749 2,309
Western Australia 5 48 53 23 7 1 2 0 0 395 534
International registered addresses 0 0 0 0 0 0 0 0 0 2 2
Total 201 851 706 306 62 35 12 6 1 7,256 9,436
Region
Table 3.1.6.2.1 - Initial external administrators' reports—Unpaid employee entitlements (wages) by region (1 July 2013–30 June 2014)Unpaid employee entitlements for wages
Table 3.1.6.2.2 - Initial external administrators' reports—Unpaid employee entitlements (annual leave) by region (1 July 2013–30 June 2014)
Region
Note: Reports identified as being internally inconsistent are excluded from this table.
Unpaid employee entitlements for annual leave
Note: Reports identified as being internally inconsistent are excluded from this table.
$1–$1,000$1,001–$10,000
$10,001–$50,000
$50,001–$150,000
$150,001–$250,000
$250,001–$500,000
$500,001–less than
$1.5 million$1.5 million–
$5 million Over $5 million Not Applicable No. of reports
Australian Capital Territory 7 6 7 7 1 1 1 0 0 179 209
New South Wales 77 159 144 56 12 11 7 1 2 3,520 3,989
Northern Territory 0 0 2 2 0 0 0 0 0 20 24
Queensland 56 75 96 30 6 1 0 0 0 1,590 1,854
South Australia 3 31 29 11 3 1 0 0 0 320 398
Tasmania 4 7 14 5 1 0 0 0 0 86 117
Victoria 24 109 110 46 14 4 5 0 0 1,997 2,309
Western Australia 5 28 43 11 4 1 2 0 0 440 534
International registered addresses 0 0 0 0 0 0 0 0 0 2 2
Total 176 415 445 168 41 19 15 1 2 8,154 9,436
$1–$1,000$1,001–$10,000
$10,001–$50,000
$50,001–$150,000
$150,001–$250,000
$250,001–$500,000
$500,001–less than
$1.5 million$1.5 million–
$5 million Over $5 million Not Applicable No. of reports
Australian Capital Territory 7 4 2 6 4 1 0 0 1 184 209
New South Wales 58 60 103 58 27 20 12 3 3 3,645 3,989
Northern Territory 0 0 1 1 1 0 0 0 0 21 24
Queensland 46 23 51 44 10 8 3 0 2 1,667 1,854
South Australia 2 15 19 18 3 2 2 1 0 336 398
Tasmania 4 0 11 5 1 2 0 0 1 93 117
Victoria 14 45 56 50 22 18 6 1 1 2,096 2,309
Western Australia 4 14 17 19 8 3 1 0 1 467 534
International registered addresses 0 1 1 0 0 0 0 0 0 0 2
Total 135 162 261 201 76 54 24 5 9 8,509 9,436
Region
Unpaid employee entitlements for pay in lieu of notice
Table 3.1.6.2.4 - Initial external administrators' reports—Unpaid employee entitlements (redundancy) by region (1 July 2013–30 June 2014)
Table 3.1.6.2.3 - Initial external administrators' reports—Unpaid employee entitlements (pay in lieu of notice) by region (1 July 2013–30 June 2014)
Note: Reports identified as being internally inconsistent are excluded from this table.
Note: Reports identified as being internally inconsistent are excluded from this table.
Region
Unpaid employee entitlements for redundancy
$1–$1,000$1,001–$10,000
$10,001–$50,000
$50,001–$150,000
$150,001–$250,000
$250,001–$500,000
$500,001–less than
$1.5 million$1.5 million–
$5 million Over $5 million Not Applicable No. of reports
Australian Capital Territory 7 4 8 5 1 0 1 0 0 183 209
New South Wales 66 91 113 63 8 10 2 1 3 3,632 3,989
Northern Territory 0 2 1 1 0 0 0 0 0 20 24
Queensland 45 25 63 27 3 2 0 1 0 1,688 1,854
South Australia 3 2 25 9 5 2 0 1 0 351 398
Tasmania 6 3 11 1 0 0 0 0 0 96 117
Victoria 14 74 95 39 9 5 1 0 0 2,072 2,309
Western Australia 3 23 23 7 1 1 0 0 0 476 534
International registered addresses 0 0 1 0 0 0 0 0 0 1 2
Total 144 224 340 152 27 20 4 3 3 8,519 9,436
$1–$100,000$100,001–$250,000
$250,001–$1 million Over $1 million Not Applicable No. of reports
Australian Capital Territory 78 8 3 1 119 209
New South Wales 1,253 119 46 9 2,572 3,999
Northern Territory 4 2 2 0 16 24
Queensland 686 84 38 3 1,046 1,857
South Australia 183 20 9 0 186 398
Tasmania 63 10 4 0 40 117
Victoria 867 109 35 2 1,303 2,316
Western Australia 234 47 11 2 243 537
International registered addresses 0 1 0 0 1 2
Total 3,368 400 148 17 5,526 9,459
© Australian Securities & Investments Commission
Note: Reports identified as being internally inconsistent are excluded from this table.
Unpaid employee entitlements for superannuation
Unpaid employee entitlements for long service leave
Table 3.1.6.2.6 - Initial external administrators' reports—Unpaid employee entitlements (superannuation) by region (1 July 2013–30 June 2014)
Region
Note: Reports identified as being internally inconsistent are excluded from this table.
Table 3.1.6.2.5 - Initial external administrators' reports—Unpaid employee entitlements (long service leave) by region (1 July 2013–30 June 2014)
Region
$0$1–less than
$500,000
$500,000–less than
$1 million
$1 million–less than
$5 million$5 million–$10 million
Over $10 million Total
Accommodation & food services 627 205 30 44 5 5 916
Administrative & support services 95 20 2 13 0 13 143
Agriculture, forestry & fishing 96 34 11 28 3 23 195
Arts & recreation services 68 23 1 8 0 2 102Construction 1,457 436 77 101 28 54 2,153
Education & training 55 14 0 1 2 1 73
Electricity, gas, water & waste services 123 41 11 4 0 0 179
FIS–Credit provider 5 4 0 0 9 1 19
FIS–Deposit taking institutions 2 1 0 0 0 0 3
FIS–Insurance 6 1 1 0 0 0 8
FIS–Managed investments 48 4 0 1 0 1 54
FIS–Other financial services 112 15 2 13 1 4 147
FIS–Superannuation 5 1 0 1 0 0 7
Health care & social assistance 52 14 4 9 6 7 92
Information media & telecommunications 168 36 6 9 2 2 223
Manufacturing 253 119 20 46 8 17 463
Mining 58 19 8 14 4 5 108
Other (business & personal) services 1,949 367 48 70 9 39 2,482
Professional, scientific & technical services 136 35 5 9 1 1 187
Public administration & safety 5 4 0 0 2 0 11
Rental, hiring & real estate services 169 49 12 21 10 11 272
Retail trade 515 221 43 49 18 24 870
Transport, postal & warehousing 332 117 17 32 5 5 508
Wholesale trade 133 55 12 26 0 18 244
Total 6,469 1,835 310 499 113 233 9,459
$0$1–less than
$500,000
$500,000–less than
$1 million
$1 million–less than
$5 million$5 million–$10 million
Over $10 million Total
Australian Capital Territory 151 38 5 9 0 6 209
New South Wales 2,927 661 92 158 52 109 3,999
Northern Territory 18 4 0 1 0 1 24
Queensland 1,140 449 83 104 27 54 1,857South Australia 257 83 11 31 9 7 398
Tasmania 53 45 10 7 1 1 117
Victoria 1,571 453 82 150 16 44 2,316
Western Australia 350 102 27 39 8 11 537
International registered addresses 2 0 0 0 0 0 2
Total 6,469 1,835 310 499 113 233 9,459
© Australian Securities & Investments Commission
Table 3.1.7.2 - Initial external administrators' reports—Secured creditors by region (1 July 2013–30 June 2014)
Industry
Region
Australian insolvency statistics
Released: October 2014Table 3.1.7.1 - Initial external administrators' reports—Secured creditors by industry (1 July 2013–30 June 2014)
Amount owed to secured creditors
Amount owed to secured creditors
$0 $1–$250,000$250,001–$1 million Over $1 million Total
Accommodation & food services 97 656 151 12 916
Administrative & support services 18 78 37 10 143
Agriculture, forestry & fishing 51 114 26 4 195
Arts & recreation services 17 76 8 1 102Construction 303 1,404 358 88 2,153
Education & training 13 47 12 1 73
Electricity, gas, water & waste services 18 130 26 5 179
FIS–Credit provider 14 4 1 0 19
FIS–Deposit taking institutions 2 1 0 0 3
FIS–Insurance 1 7 0 0 8
FIS–Managed investments 22 23 7 2 54
FIS–Other financial services 37 91 18 1 147
FIS–Superannuation 2 4 0 1 7
Health care & social assistance 12 62 16 2 92
Information media & telecommunications 28 152 36 7 223
Manufacturing 46 311 93 13 463
Mining 26 49 27 6 108
Other (business & personal) services 391 1,641 342 108 2,482
Professional, scientific & technical services 30 120 29 8 187
Public administration & safety 0 8 2 1 11
Rental, hiring & real estate services 48 174 45 5 272
Retail trade 142 627 85 16 870
Transport, postal & warehousing 55 369 70 14 508
Wholesale trade 44 162 21 17 244
Total 1,417 6,310 1,410 322 9,459
$0 $1–$250,000$250,001–$1 million Over $1 million Total
Australian Capital Territory 29 147 25 8 209
New South Wales 677 2,701 498 123 3,999
Northern Territory 5 8 11 0 24
Queensland 277 1,211 311 58 1,857South Australia 50 282 57 9 398
Tasmania 19 73 24 1 117
Victoria 305 1,565 348 98 2,316
Western Australia 55 321 136 25 537
International registered addresses 0 2 0 0 2
Total 1,417 6,310 1,410 322 9,459
© Australian Securities & Investments Commission
Industry
Region
Australian insolvency statistics
Released: October 2014Table 3.1.8.1 - Initial external administrators' reports—Unpaid taxes and charges by industry (1 July 2013–30 June 2014)
Table 3.1.8.2 - Initial external administrators' reports—Unpaid taxes and charges by region (1 July 2013–30 June 2014)
Amount of taxes and other statutory debts which are unpaid
Amount of taxes and other statutory debts which are unpaid
Less than 25 25–50 51–200 More than 200 UnknownLess than $250,000
$250,000–$500,000
$500,001–less than
$1 million
$1 million–less than
$5 million$5 million–$10 million
Over $10 million 0
Greater than 0 but less than
11 cents 11–20c 21–50c 51–100c
Accommodation & food services 703 128 74 2 9 576 147 98 81 9 5 223 865 34 8 7 2 916
Administrative & support services 131 7 1 0 4 117 13 4 6 3 0 21 138 2 0 3 0 143
Agriculture, forestry & fishing 146 22 16 3 8 111 22 19 27 4 12 43 175 8 3 3 6 195
Arts & recreation services 75 14 10 2 1 61 21 6 11 2 1 22 96 2 0 0 4 102Construction 1,667 231 217 15 23 1,283 296 224 279 47 24 363 1,974 104 32 23 20 2,153
Education & training 61 5 3 1 3 49 12 4 6 0 2 18 70 2 1 0 0 73
Electricity, gas, water & waste services 142 14 20 2 1 114 23 21 16 3 2 28 163 9 4 3 0 179
FIS–Credit provider 16 2 1 0 0 9 2 3 3 1 1 8 19 0 0 0 0 19
FIS–Deposit taking institutions 3 0 0 0 0 3 0 0 0 0 0 1 3 0 0 0 0 3
FIS–Insurance 7 1 0 0 0 6 0 1 1 0 0 2 8 0 0 0 0 8
FIS–Managed investments 45 5 1 2 1 21 10 3 13 2 5 17 48 1 1 2 2 54
FIS–Other financial services 126 4 5 3 9 83 16 16 22 8 2 42 141 3 1 1 1 147
FIS–Superannuation 6 0 0 0 1 6 0 0 1 0 0 0 6 0 0 1 0 7
Health care & social assistance 66 9 14 0 3 48 11 11 13 6 3 21 85 2 2 2 1 92
Information media & telecommunications 183 17 13 2 8 130 36 24 24 4 5 42 202 15 5 1 0 223
Manufacturing 273 92 87 9 2 218 87 60 79 13 6 100 436 18 5 4 0 463
Mining 70 12 22 2 2 48 11 10 26 7 6 23 77 19 0 4 8 108
Other (business & personal) services 2,207 132 72 12 59 1,807 263 193 157 30 32 437 2,333 84 23 19 23 2,482
Professional, scientific & technical services 154 20 8 3 2 126 24 11 20 4 2 40 169 10 2 6 0 187
Public administration & safety 11 0 0 0 0 7 1 1 1 0 1 2 9 2 0 0 0 11
Rental, hiring & real estate services 241 20 11 0 0 164 34 24 37 4 9 81 236 16 9 4 7 272
Retail trade 597 146 103 12 12 476 146 130 100 11 7 214 828 30 4 5 3 870
Transport, postal & warehousing 427 33 35 5 8 374 57 36 32 6 3 64 471 21 7 5 4 508
Wholesale trade 165 39 25 9 6 123 42 33 35 5 6 47 225 12 5 1 1 244
Total 7,522 953 738 84 162 5,960 1,274 932 990 169 134 1,859 8,777 394 112 94 82 9,459
Less than 25 25–50 51–200 More than 200 UnknownLess than $250,000
$250,000–$500,000
$500,001–less than
$1 million
$1 million–less than
$5 million$5 million–$10 million
Over $10 million 0
Greater than 0 but less than
11 cents 11–20c 21–50c 51–100c
Australian Capital Territory 163 24 20 1 1 143 27 17 17 4 1 36 186 10 5 5 3 209
New South Wales 3,414 294 219 29 43 2,709 487 336 352 56 59 796 3,754 143 38 34 30 3,999
Northern Territory 17 3 3 1 0 15 3 3 2 1 0 3 23 1 0 0 0 24
Queensland 1,461 183 145 20 48 1,105 252 212 219 35 34 359 1,724 79 22 18 14 1,857
South Australia 271 65 46 6 10 251 51 32 48 10 6 71 375 11 6 1 5 398
Tasmania 74 24 17 1 1 71 19 14 9 3 1 21 92 14 1 2 8 117
Victoria 1,759 290 205 21 41 1,379 363 241 264 46 23 463 2,166 97 20 20 13 2,316
Western Australia 362 69 83 5 18 286 72 76 79 14 10 109 456 38 20 14 9 537
International registered addresses 1 1 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 2
Total 7,522 953 738 84 162 5,960 1,274 932 990 169 134 1,859 8,777 394 112 94 82 9,459
© Australian Securities & Investments Commission
Estimated 'cents in the $' dividend to unsecured creditors
Total number of unsecured creditors Total amount owed to unsecured creditors
No. of reports
No. of reports
Australian insolvency statistics
Released: October 2014Table 3.1.9.1 - Initial external administrators' reports—Unsecured creditors by industry (1 July 2013–30 June 2014)
More than 50% of debt owed to related parties
Estimated 'cents in the $' dividend to unsecured creditors
Industry
Region
Table 3.1.9.2 - Initial external administrators' reports—Unsecured creditors by region (1 July 2013–30 June 2014)
Total number of unsecured creditors Total amount owed to unsecured creditorsMore than 50% of debt owed to related parties
$0 $1–$50,000$50,001–$100,000
$100,001–$250,000
Over $250,000 Not applicable No. of reports
Accommodation & food services 73 67 17 6 4 749 916
Administrative & support services 14 14 4 1 0 110 143
Agriculture, forestry & fishing 13 15 5 2 3 157 195
Arts & recreation services 10 3 2 2 0 85 102
Construction 219 161 38 27 4 1,704 2,153
Education & training 5 1 3 1 0 63 73
Electricity, gas, water & waste services 25 7 5 1 0 141 179
FIS–Credit provider 4 8 1 0 1 5 19
FIS–Deposit taking institutions 1 2 0 0 0 0 3
FIS–Insurance 1 0 0 0 0 7 8
FIS–Managed investments 2 2 0 0 2 48 54
FIS–Other financial services 13 28 0 1 0 105 147
FIS–Superannuation 2 0 0 0 0 5 7
Health care & social assistance 3 15 2 1 3 68 92
Information media & telecommunications 30 20 8 5 3 157 223
Manufacturing 51 49 26 10 7 320 463
Mining 13 14 7 3 0 71 108
Other (business & personal) services 231 140 21 14 3 2,073 2,482
Professional, scientific & technical services 16 9 6 6 0 150 187
Public administration & safety 0 1 0 0 0 10 11
Rental, hiring & real estate services 22 37 8 2 0 203 272
Retail trade 77 86 25 10 4 668 870
Transport, postal & warehousing 41 30 17 7 1 412 508
Wholesale trade 19 18 12 9 3 183 244
Total 885 727 207 108 38 7,494 9,459
$0 $1–$50,000$50,001–$100,000
$100,001–$250,000
Over $250,000 Not applicable No. of reports
Accommodation & food services 80 12 2 0 1 821 916
Administrative & support services 16 0 0 0 0 127 143
Agriculture, forestry & fishing 10 5 0 2 0 178 195
Arts & recreation services 12 1 0 0 2 87 102
Construction 246 41 6 4 2 1,854 2,153
Education & training 7 1 0 0 0 65 73
Electricity, gas, water & waste services 20 0 0 0 0 159 179
FIS–Credit provider 4 0 0 0 0 15 19
FIS–Deposit taking institutions 1 0 0 0 0 2 3
FIS–Insurance 1 0 0 0 0 7 8
FIS–Managed investments 2 0 0 0 0 52 54
FIS–Other financial services 16 0 0 0 0 131 147
FIS–Superannuation 2 0 0 0 0 5 7
Health care & social assistance 4 1 0 0 0 87 92
Information media & telecommunications 29 4 1 1 1 187 223
Manufacturing 52 8 1 1 1 400 463
Mining 9 6 1 2 0 90 108
Other (business & personal) services 217 24 3 0 2 2,236 2,482
Professional, scientific & technical services 15 3 1 0 0 168 187
Public administration & safety 0 0 0 0 0 11 11
Rental, hiring & real estate services 21 3 1 1 1 245 272
Retail trade 81 5 2 1 0 781 870
Transport, postal & warehousing 38 3 4 0 0 463 508
Wholesale trade 21 5 3 0 0 215 244
Total 904 122 25 12 10 8,386 9,459
Australian insolvency statistics
Estimated voluntary administrator remuneration
Table 3.1.10.1.2 - Initial external administrators' reports—Remuneration of deed administrator by industry (1 July 2013–30 June 2014)
Industry
Table 3.1.10.1.1 - Initial external administrators' reports—Remuneration of voluntary administrator by industry (1 July 2013–30 June 2014)
Released: October 2014
Industry
Estimated administrator of deed of company arrangement remuneration
$0 $1–$50,000$50,001–$100,000
$100,001–$250,000
Over $250,000 Not applicable No. of reports
Accommodation & food services 212 623 37 12 4 28 916
Administrative & support services 49 85 6 1 0 2 143
Agriculture, forestry & fishing 48 119 12 3 2 11 195
Arts & recreation services 23 74 2 2 0 1 102
Construction 624 1,268 133 52 11 65 2,153
Education & training 25 39 8 0 0 1 73
Electricity, gas, water & waste services 32 117 20 3 1 6 179
FIS–Credit provider 1 14 1 1 0 2 19
FIS–Deposit taking institutions 1 2 0 0 0 0 3
FIS–Insurance 2 5 1 0 0 0 8
FIS–Managed investments 24 27 1 1 1 0 54
FIS–Other financial services 47 87 6 2 0 5 147
FIS–Superannuation 2 5 0 0 0 0 7
Health care & social assistance 26 43 7 3 2 11 92
Information media & telecommunications 48 147 12 6 3 7 223
Manufacturing 94 267 53 22 6 21 463
Mining 18 53 20 6 2 9 108
Other (business & personal) services 772 1,532 97 32 7 42 2,482
Professional, scientific & technical services 35 128 10 6 0 8 187
Public administration & safety 3 6 1 0 0 1 11
Rental, hiring & real estate services 64 162 12 10 1 23 272
Retail trade 201 583 57 15 3 11 870
Transport, postal & warehousing 162 275 28 15 2 26 508
Wholesale trade 75 136 14 9 3 7 244
Total 2,588 5,797 538 201 48 287 9,459
$0 $1–$50,000$50,001–$100,000
$100,001–$250,000
Over $250,000 Not applicable No. of reports
Accommodation & food services 74 2 2 2 0 836 916
Administrative & support services 15 2 0 0 0 126 143
Agriculture, forestry & fishing 12 2 2 2 2 175 195
Arts & recreation services 12 0 0 0 0 90 102
Construction 226 6 2 0 4 1,915 2,153
Education & training 7 0 0 0 1 65 73
Electricity, gas, water & waste services 21 1 0 0 0 157 179
FIS–Credit provider 4 0 0 0 0 15 19
FIS–Deposit taking institutions 1 0 0 0 0 2 3
FIS–Insurance 1 0 0 0 0 7 8
FIS–Managed investments 2 0 0 0 0 52 54
FIS–Other financial services 17 2 0 0 2 126 147
FIS–Superannuation 2 0 0 0 0 5 7
Health care & social assistance 4 0 0 1 0 87 92
Information media & telecommunications 29 1 0 0 1 192 223
Manufacturing 53 1 1 1 3 404 463
Mining 8 0 0 0 1 99 108
Other (business & personal) services 215 5 4 0 3 2,255 2,482
Professional, scientific & technical services 17 0 2 0 0 168 187
Public administration & safety 0 0 0 0 0 11 11
Rental, hiring & real estate services 23 6 4 5 0 234 272
Retail trade 85 1 1 0 1 782 870
Transport, postal & warehousing 41 4 0 0 1 462 508
Wholesale trade 21 0 0 0 0 223 244
Total 890 33 18 11 19 8,488 9,459
Industry
Table 3.1.10.1.3 - Initial external administrators' reports—Remuneration of liquidator by industry (1 July 2013–30 June 2014)
Industry
Estimated liquidator remuneration
Table 3.1.10.1.4 - Initial external administrators' reports—Remuneration of receiverships by industry (1 July 2013–30 June 2014)
Estimated receiver/managing controller/controller remuneration
$0 $1–$50,000$50,001–$100,000
$100,001–$250,000
Over $250,000 Not applicable No. of reports
Australian Capital Territory 33 15 5 3 0 153 209
New South Wales 360 353 85 49 20 3,132 3,999
Northern Territory 1 4 0 1 0 18 24
Queensland 194 142 40 13 6 1,462 1,857
South Australia 52 19 11 5 2 309 398
Tasmania 14 3 4 2 0 94 117
Victoria 189 154 40 20 8 1,905 2,316
Western Australia 42 37 22 15 2 419 537
International registered addresses 0 0 0 0 0 2 2
Total 885 727 207 108 38 7,494 9,459
$0 $1–$50,000$50,001–$100,000
$100,001–$250,000
Over $250,000 Not applicable No. of reports
Australian Capital Territory 34 3 1 1 1 169 209
New South Wales 361 65 7 3 7 3,556 3,999
Northern Territory 1 0 0 0 0 23 24
Queensland 223 18 4 4 0 1,608 1,857
South Australia 48 5 4 2 0 339 398
Tasmania 14 1 0 0 0 102 117
Victoria 181 17 4 1 2 2,111 2,316
Western Australia 42 13 5 1 0 476 537
International registered addresses 0 0 0 0 0 2 2
Total 904 122 25 12 10 8,386 9,459
$0 $1–$50,000$50,001–$100,000
$100,001–$250,000
Over $250,000 Not applicable No. of reports
Australian Capital Territory 35 143 14 4 3 10 209
New South Wales 1,197 2,424 158 68 13 139 3,999
Northern Territory 7 12 3 0 0 2 24
Queensland 483 1,190 105 27 6 46 1,857
South Australia 114 223 32 12 3 14 398
Tasmania 24 66 20 4 1 2 117
Victoria 633 1,416 143 60 17 47 2,316
Western Australia 94 322 63 26 5 27 537
International registered addresses 1 1 0 0 0 0 2
Total 2,588 5,797 538 201 48 287 9,459
$0 $1–$50,000$50,001–$100,000
$100,001–$250,000
Over $250,000 Not applicable No. of reports
Australian Capital Territory 35 0 0 0 0 174 209
New South Wales 365 10 10 4 6 3,604 3,999
Northern Territory 1 0 0 0 0 23 24
Queensland 202 9 5 4 4 1,633 1,857
South Australia 51 3 0 0 0 344 398
Tasmania 14 0 0 0 0 103 117
Victoria 178 9 2 2 6 2,119 2,316
Western Australia 44 2 1 1 3 486 537
International registered addresses 0 0 0 0 0 2 2
Total 890 33 18 11 19 8,488 9,459
© Australian Securities & Investments Commission
Region
Table 3.1.10.2.4 - Initial external administrators' reports—Remuneration of receiverships by region (1 July 2013–30 June 2014)
Estimated receiver/managing controller/controller remuneration
Region
Table 3.1.10.2.1 - Initial external administrators' reports—Remuneration of voluntary administrator by region (1 July 2013–30 June 2014)
Estimated voluntary administrator remuneration
Table 3.1.10.2.2 - Initial external administrators' reports—Remuneration of deed administrator by region (1 July 2013–30 June 2014)
Region
Estimated administrator of deed of company arrangement remuneration
Table 3.1.10.2.3 - Initial external administrators' reports—Remuneration of liquidator by region (1 July 2013–30 June 2014)
Region
Estimated liquidator remuneration
ContentsTable 3.1.1 - Initial external administrators' reports—Region by industry (1 July 2013–30 June 2014)Table 3.1.2.1 - Initial external administrators' reports—Size of company as measured by number of FTEs byindustry (1 July 2013–30 June 2014)Table 3.1.2.2 - Initial external administrators' reports—Size of company as measured by number of FTEs by region(1 July 2013–30 June 2014)Table 3.1.3.1 - Initial external administrators' reports—Nominated causes of failure by industry (1 July 2013–30 June 2014)Table 3.1.3.2 - Initial external administrators' reports—Nominated causes of failure by region (1 July 2013–30 June 2014)Table 3.1.4.1 - Initial external administrators' reports—Possible misconduct by industry (1 July 2013–30 June 2014)Table 3.1.4.2 - Initial external administrators' reports—Possible misconduct by region (1 July 2013–30 June 2014)Table 3.1.4.3 - Initial external administrators' reports—Possible misconduct and documentary evidence by industry (1 July 2013–30 June 2014)Table 3.1.4.4 - Initial external administrators' reports—Possible misconduct and documentary evidence by region (1 July 2013–30 June 2014)Table 3.1.5.1 - Initial external administrators' reports—Assets, liabilities and deficiency by industry (1 July 2013–30 June 2014)Table 3.1.5.2 - Initial external administrators' reports—Assets, liabilities and deficiency by region (1 July 2013–30 June 2014)Table 3.1.6.1.1 - Initial external administrators' reports—Unpaid employee entitlements (wages) by industry (1 July 2013–30 June 2014)Table 3.1.6.1.2 - Initial external administrators' reports—Unpaid employee entitlements (annual leave) by industry (1 July 2013–30 June 2014)Table 3.1.6.1.3 - Initial external administrators' reports—Unpaid employee entitlements (pay in lieu of notice) by industry (1 July 2013–30 June 2014)Table 3.1.6.1.4 - Initial external administrators' reports—Unpaid employee entitlements (redundancy) by industry (1 July 2013–30 June 2014)Table 3.1.6.1.5 - Initial external administrators' reports—Unpaid employee entitlements (long service leave) by industry (1 July 2013–30 June 2014)Table 3.1.6.1.6 - Initial external administrators' reports—Unpaid employee entitlements (superannuation) by industry (1 July 2013–30 June 2014)Table 3.1.6.2.1 - Initial external administrators' reports—Unpaid employee entitlements (wages) by region (1 July 2013–30 June 2014)Table 3.1.6.2.2 - Initial external administrators' reports—Unpaid employee entitlements (annual leave) by region (1 July 2013–30 June 2014)Table 3.1.6.2.3 - Initial external administrators' reports—Unpaid employee entitlements (pay in lieu of notice) by region (1 July 2013–30 June 2014)Table 3.1.6.2.4 - Initial external administrators' reports—Unpaid employee entitlements (redundancy) by region (1 July 2013–30 June 2014)Table 3.1.6.2.5 - Initial external administrators' reports—Unpaid employee entitlements (long service leave) by region (1 July 2013–30 June 2014)Table 3.1.6.2.6 - Initial external administrators' reports—Unpaid employee entitlements (superannuation) by region (1 July 2013–30 June 2014)Table 3.1.7.1 - Initial external administrators' reports—Secured creditors by industry (1 July 2013–30 June 2014)Table 3.1.7.2 - Initial external administrators' reports—Secured creditors by region (1 July 2013–30 June 2014)Table 3.1.8.1 - Initial external administrators' reports—Unpaid taxes and charges by industry(1 July 2013–30 June 2014)Table 3.1.8.2 - Initial external administrators' reports—Unpaid taxes and charges by region(1 July 2013–30 June 2014)Table 3.1.9.1 - Initial external administrators' reports—Unsecured creditors by industry (1 July 2013–30 June 2014)Table 3.1.9.2 - Initial external administrators' reports—Unsecured creditors by region (1 July 2013–30 June 2014)Table 3.1.10.1.1 - Initial external administrators' reports—Remuneration of voluntary administrator by industry(1 July 2013–30 June 2014)Table 3.1.10.1.2 - Initial external administrators' reports—Remuneration of deed administrator by industry(1 July 2013–30 June 2014)Table 3.1.10.1.3 - Initial external administrators' reports—Remuneration of liquidator by industry(1 July 2013–30 June 2014)Table 3.1.10.1.4 - Initial external administrators' reports—Remuneration of receiverships by industry(1 July 2013–30 June 2014)Table 3.1.10.2.1 - Initial external administrators' reports—Remuneration of voluntary administrator by region(1 July 2013–30 June 2014)Table 3.1.10.2.2 - Initial external administrators' reports—Remuneration of deed administrator by region(1 July 2013–30 June 2014)Table 3.1.10.2.3 - Initial external administrators' reports—Remuneration of liquidator by region(1 July 2013–30 June 2014)Table 3.1.10.2.4 - Initial external administrators' reports—Remuneration of receiverships by region(1 July 2013–30 June 2014)