12-201MR Corporate insolvencies: June quarter 2012
Monday 20 August 2012
The number of Australian companies entering into external administration fell slightly in the last quarter of the 2011-12 financial year, against a backdrop of relatively high appointments overall, according to official insolvency data published by ASIC.
Releasing the final quarterly insolvency statistics for 2011-12, ASIC’s Senior Executive Leader, Adrian Brown, said the Insolvency Practitioners team continued to monitor the capacity of registered liquidators to accommodate this additional workload and perform ….”