CreditorWatch CEO Patrick Coghlan said new data indicated that Australia might have passed the peak of insolvency but future outlook remained uncertain.
People enjoy dining at cafes and restaurants in Melbourne, Australia, on June 1, 2020. Daniel Pockett/Getty Images
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Australia’s business insolvency rates remain high in 2025, with restaurants and construction enterprises being the most affected by economic strain.
New data from the credit reporting company CreditorWatch revealed that 14,716 Australian businesses became insolvent in the 2025 financial year.
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
