The tables in the following link summarise data essentials captured from Rodgers Reidy's daily Risk Watch publication, which provides a synopsis of the insolvency market for November 2020 including:
No. of Registered Liquidators in Australia as at November 2020
Winding Up applications filed with the Court in November 2020
Formal Appointments in November 2020
Click here to read Risk Watch Essentials
The tables and graphs below show that the COVID-19 stimulus measures introduced have had a drastic effect on the number of insolvency and winding up procedures.
For the months of October and November 2020 compared to October and November 2019, the data indicates a significant reduction in the number of reported events, in particular, Winding Up Applications and Court Liquidations.