Risk Watch Essentials – January 2020.
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The tables below summarise data essentials captured from our daily Risk Watch publication, which provides a synopsis of the insolvency market for January 2020.
NO. OF REGISTERED LIQUIDATORS IN AUSTRALIA AS AT JANUARY 2020
| Australia | NSW | VIC | QLD | WA | ACT | SA | NT | TAS | |
| Number | 642 | 246 | 159 | 105 | 65 | 10 | 47 | 2 | 8 |
| % | 38% | 25% | 16% | 10% | 2% | 7% | <1% | 1% |
WINDING UP APPLICATIONS FILED WITH THE COURT IN JANUARY 2020
| Australia | NSW | VIC | QLD | WA | ACT | SA | NT | TAS | |
| Number | 310 | 77 | 113 | 78 | 16 | 4 | 20 | 2 | 0 |
| % | 25% | 36% | 25% | 5% | 1% | 6% | 1% | 0% |
Analysis:
A total of 310 Winding Up applications were filed throughout Australia in January 2020, the majority of which were in Victoria (113 or 36%), Queensland (78 or 25%) and New South Wales (77 or 25%).
FORMAL APPOINTMENTS IN JANUARY 2020
| Australia | NSW | VIC | QLD | WA | ACT | SA | NT | TAS | |
| TOTAL | 457 | 177 (39%) | 139 (30%) | 68 (15%) | 30 (7%) | 18 (4%) | 21 (5%) | 2 (0%) | 2 (0%) |
| Creditors’/Members Voluntary Liquidation | 320 | 143 (45%) | 76 (24%) | 49 (15%) | 19 (6%) | 18 (6%) | 11 (3%) | 2 (1%) | 2 (1%) |
| Court Liquidation | 63 | 9 (14%) | 31 (49%) | 11 (17%) | 6 (10%) | 0 (0%) | 6 (10%) | 0 (0%) | 0 (0%) |
| Voluntary Administration | 74 | 25 (34%) | 32 (43%) | 8 (11%) | 5 (7%) | 0 (0%) | 4 (5%) | 0 (0%) | 0 (0%) |
Analysis:
There were a total of 457 formal appointments throughout Australia in January 2020, the majority of which were in New South Wales (177 or 39%), Victoria (139 or 30%) and Queensland (68 or 15%).
