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]
| Record | What it shows | Where |
|---|---|---|
| External administration notice | That a company is in external administration | ASIC Published Notices |
| Company status | Registered, under administration, or deregistered | ASIC company register |
| Officeholders | Current and former directors | ASIC 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
- 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)
- ASIC publishes guidance explaining insolvency notices and who lodges them. ASIC - Insolvency notices (retrieved 2026-07-04)
- 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.