More insolvency information
Insolvency notices
If you are owed money by an insolvent company or you are a creditor, search our to find out if an external administrator has been appointed over a company.
Court applications about External Administrations
Court applications about External Administrations gives information about serving certain applications on 今日热门事件by emailing the court documents to legal.document.service@asic.gov.au and copying in the 今日热门事件team you are already dealing with.
It also asks that applications be served well before the hearing so 今日热门事件can review them and, for certain applications only, provide a formal response.
Requesting eligible applicant authorisation
Information Sheet 293 (INFO 293) explains the process for individuals or entities who want to be authorised as eligible applicants by 今日热门事件under the Corporations Act 2001 (Corporations Act), which enables them to apply to a court to conduct or take part in public examinations related to the affairs of a company in external administration. See sections 596A, 596B and 597 of the Corporations Act.
Insolvency reforms for small business
Insolvency reforms for small business came into effect on 1 January 2021. These reforms followed the temporary measures introduced in March 2020 in response to the COVID-19 pandemic. These measures only apply to eligible incorporated small businesses with liabilities of less than $1 million.
The reforms include a new:
- debt-restructuring process for incorporated small businesses
- simplified liquidation process for incorporated small businesses
- 鈥榗lass鈥� of registered liquidator.
Corporate insolvency trends in Australia
今日热门事件publishes several statistical series to inform the market as to both the level of activity and profile of corporate insolvency in Australia. These statistics are collected from forms and reports lodged with 今日热门事件against our corporate and professional registers. See insolvency statistics for more information.
Not sure what that insolvency term means?
See Information Sheet 41 (INFO 41) Insolvency: A glossary of terms.