As we close out the 2024–25 financial year, now is
the perfect time to go beyond the numbers and take a broader view
of your clients’ financial health. Over the past 12 months,
we’ve seen a clear shift in the insolvency and restructuring
landscape—one that you need to keep front of mind heading
into 2025–26.
A Year of Rising Insolvencies
Insolvency appointments have surged in 2024–25, with ASIC
recording its highest number of external administrations since
before the pandemic, signaling that the deferred consequences of
several tough years are now being felt across the economy. While
insolvencies had been artificially suppressed by government
stimulus and regulatory forbearance, we are now seeing a return to
more…