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Corporate External Administration Appointments

Thursday, October 04, 2012 - Posted by Philip Harvey

The 2011-2012 Corporate Insolvency statistics detailing by region and industry the number of corporate entities where external administration appointments.

There was a 10% increase from 2010-2011 to 2011-2012, taking this to levels that are higher than they were during the GFC. What is also interesting is that with all the coverage the Retail Industry receives about being in trouble, the Construction Industry is highest industry for external administration appointments.

Number of External Administration Appointments by year and region

Period NSW VIC QLD SA WA TAS NT ACT TOTAL
ANNUAL (1999–2012)
1999-2000 1,652 1,103 805 213 302 39 26 65 4,205
2000-2001 2,248 1,641 1,099 309 485 64 41 80 5,967
2001-2002 2,654 1,637 1,035 310 548 83 28 116 6,411
2002-2003 2,762 1,764 1,027 308 539 54 34 103 6,591
2003-2004 2,811 1,768 1,011 297 495 36 41 90 6,549
2004-2005 2,955 1,841 899 273 492 29 36 99 6,624
2005-2006 3,746 2,116 1,062 293 433 34 20 114 7,818
2006-2007 3,657 1,977 1,116 276 293 49 16 103 7,487
2007-2008 3,820 2,134 1,196 286 291 42 17 121 7,907
2008-2009 4,487 2,616 1,806 338 543 43 24 148 10,005
2009-2010 3,935 2,327 1,894 312 580 81 24 128 9,281
2010-2011 4,072 2,603 1,894 352 681 79 33 115 9,829
2011-2012 4,332 2,744 2,292 430 688 91 31 149 10,757

Number of External Administation Appointments by Industry (2011-2012)

Industry ACT NSW NT QLD SA TAS VIC WA I'NTL No. of reports
Accommodation & food services 7 387 3 186 62 14 204 66
929
Administrative & support services 2 54
22 9
45 6
138
Agriculture, forestry & fishing 1 60
43 29 2 49 10
194
Arts & recreation services 1 60
22 10
27 2
122
Construction 20 1,112 8 472 72 14 418 113
2,229
Education & training 1 26
22 5 1 15 8
78
Electricity, gas, water & waste services 1 78 3 38 6 4 41 6
177
FIS—Credit provider
2
4

6

12
FIS—Deposit taking institutions






1
1
FIS—Insurance
20
3

1
1 25
FIS—Managed investments 1 25
12 3
12 3
56
FIS—Other financial services 1 99
24 11
43 18 1 197
FIS—Superannuation
3
2

2

7
Health care & social assistance 2 51
34 1 1 31 4
124
Information media & telecommunications 5 112
46 13
66 15
257
Manufacturing 1 178 2 138 31 4 190 30
574
Mining
11 1 30 2
7 17
68
Other (business & personal) services 16 1,241 6 440 53 12 486 115
2,369
Professional, scientific & technical services 4 108
57 6
39 16
230
Public administration & safety
13
4

7 3
27
Rental, hiring & real estate services 9 118 1 112 17 1 58 27 1 344
Retail trade 12 366 3 218 58 11 301 55
1,024
Transport, postal & warehousing 2 257 3 139 36 9 130 31
607
Wholesale trade 1 117
54 24
80 9
285
Total 87 4,498 30 2,122 448 73 2,258 555 3 10,074
These statistics are from ASIC.

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