Small Business Restructuring Statistics Australia

As of March 2026, there have been 6,074 SBR restructuring practitioner appointments since the regime began in January 2021. This figure is based on ASIC insolvency statistics Series 1 & 2 data, which tracks all formal insolvency appointments in Australia.

The plan approval rate varies by data source and measurement period. ASIC Report 810 found approximately 87% of plans were approved in the 2022-24 review period. The conversion rate from initial restructuring appointment to an accepted restructuring plan is approximately 73%, meaning about 27% of appointments do not proceed to an accepted plan — often due to creditor rejection, company decision, or other circumstances.

Construction dominates SBR usage with 27.5% of all appointments (1,668 total), reflecting the cash flow pressures in project-based businesses. Hospitality (accommodation and food services) is second at 21.7% with 1,318 appointments. The fastest-growing sector is professional services at +150% year-on-year growth.

SBR has seen extraordinary growth since its introduction in January 2021. Appointments grew from 70 in FY22 to approximately 2,932 in FY25 — a 40x increase in three years. The regime now accounts for 20.1% of all insolvency appointments in Australia, up from less than 1% in its first year. FY26 is on track to exceed 4,000 appointments.

There are approximately 459-465 registered insolvency practitioners in Australia who have handled SBR appointments. However, appointment volumes are heavily concentrated — the top practitioners handle 100-500+ appointments each, while many practitioners have handled fewer than 10.