businesses per quarter - Source frequency: quarterly
Number of companies entering formal insolvency proceedings each quarter. Note: Insolvency is a formal legal process and is not the same as business closure. Many businesses exit voluntarily without entering insolvency.
Rising insolvencies signal financial distress in the business sector. Insolvencies are distinct from total business exits — they represent only those businesses that cannot meet their debts.
Lower is better
Source: ASIC Insolvency Statistics
GREEN = favorable trend within acceptable band of baseline. AMBER = flat or mild change. RED = unfavorable trend beyond threshold.
