During the 2020/21 financial year, 953 construction companies in Australia became insolvent and entered external receivership - the largest of any single industry. The next-most affected industry was accommodation and food services, with 574 companies entering external receivership.
Total number of companies entering external receivership in Australia in FY 2020/21, by industry
Characteristic
Number of companies entering external receivership
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ASIC. (March 1, 2022). Total number of companies entering external receivership in Australia in FY 2020/21, by industry [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1116799/number-business-insolvencies-australia-industry/
ASIC. "Total number of companies entering external receivership in Australia in FY 2020/21, by industry." Chart. March 1, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1116799/number-business-insolvencies-australia-industry/
ASIC. (2022). Total number of companies entering external receivership in Australia in FY 2020/21, by industry. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1116799/number-business-insolvencies-australia-industry/
ASIC. "Total Number of Companies Entering External Receivership in Australia in Fy 2020/21, by Industry." Statista, Statista Inc., 1 Mar 2022, https://www.statista.com/statistics/1116799/number-business-insolvencies-australia-industry/
ASIC, Total number of companies entering external receivership in Australia in FY 2020/21, by industry Statista, https://www.statista.com/statistics/1116799/number-business-insolvencies-australia-industry/ (last visited November 21, 2024)
Total number of companies entering external receivership in Australia in FY 2020/21, by industry [Graph], ASIC, March 1, 2022. [Online]. Available: https://www.statista.com/statistics/1116799/number-business-insolvencies-australia-industry/
