ASIC puts $3.66bn figure on retail’s 4-year insolvency toll
Retail trade accounted for 238 voluntary administration appointments between 2021 and 2025, according to a new report from the Australian Securities and Investments Commission (ASIC), with total liabilities of $3.66 billion and median liabilities of $2.10 million per appointment. The figures are contained in ASIC’s Report 836, which reviews voluntary administration and deed of company…

