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Insolvency ยท Australia

Builder insolvency: warning signs from public records

Which public records show that a building company has entered external administration, and where to find them. Draft, pending review.

Last updated 2026-07-12

In short

When a building company enters external administration, that fact is published on ASIC's Published Notices, searchable without registering. ASIC's company register also shows a company's registration date, status and officeholders. Together these records tell you whether the entity behind a licence is registered, under external administration, or deregistered, as at the date you read them. They are records, not a characterisation of anyone.

As at

When a company enters external administration, that fact is published on public registers. You do not need inside information to see it - you need to know which register to read.[1]

Construction share of company collapses

27.7%

Construction accounted for 2,142 of 7,742 companies that entered external administration - about 27.7%, the largest share of any industry - over July 2023 to March 2024.

Source: Australian Securities and Investments Commission (ASIC), media release 24-077MR (retrieved 2026-07-04).

Where insolvency is recorded

ASIC's Published Notices website carries insolvency and external-administration notices required under the Corporations Act. You can search it without registering.[1]

ASIC's insolvency-notices guidance explains what those notices mean and who lodges them, so you can read a notice for what it actually records.[2]

Where each insolvency fact is recorded.
RecordWhat it showsWhere
External administration noticeThat a company is in external administrationASIC Published Notices
Company statusRegistered, under administration, or deregisteredASIC company register
OfficeholdersCurrent and former directorsASIC company register

The company behind the licence

A licence is held by a person or a company. ASIC's company register shows a company's registration date, status and officeholders. A company registered only recently, or one whose officeholders have changed, is a fact you can note from the record - not a verdict, just the record as at the date you read it.[3]

Reading the signals, not drawing conclusions

Public records tell you the state of a company: registered, under external administration, or deregistered. They do not tell you what will happen next, and they are not a characterisation of anyone. Where a record raises something you should read before signing, read it - and where it bears on a decision to proceed, that is one for your solicitor.

Sources

  1. ASIC's Published Notices website carries insolvency and external-administration notices required under the Corporations Act, searchable without registering. ASIC - Published Notices (retrieved 2026-07-04)
  2. ASIC publishes guidance explaining insolvency notices and who lodges them. ASIC - Insolvency notices (retrieved 2026-07-04)
  3. ASIC's company register shows a company's registration date, status and officeholders. ASIC - Search ASIC registers (retrieved 2026-07-04)

Property Assurance is an independent information service. We are not a government body, insurer or credit provider. This guide explains public records; it is not legal or financial advice.

Common questions

How do I find out if a building company is insolvent?
Search ASIC's Published Notices website, which carries insolvency and external-administration notices required under the Corporations Act. It is public and free to search without registering.
What does ASIC's company register show?
A company's registration date, status and officeholders. A recently registered company, or one whose officeholders have changed, is a fact you can note from the record, read as at the date you check it.
Do public records predict a builder collapse?
No. Public records tell you the current state of a company: registered, under external administration, or deregistered. They do not tell you what will happen next, and they are not a characterisation of anyone.

Checking a specific builder? See builders we have checked.

See what the registers say

Construction accounted for 2,142 of 7,742 companies that entered external administration - about 27.7%, the largest share of any industry - over July 2023 to March 2024.Australian Securities and Investments Commission (ASIC), media release 24-077MR

Reads the public registers directly. Sources named and dated.