Helpful Resources - External Administrations
Below is a list of third-party resources that may support stakeholders, including creditors and employees, during the external administration process.
ASIC Information Sheets for Insolvency
In the following information sheets, Australian Securities and Investments Commission (ASIC) provides information for directors, employees, creditors and shareholders affected by a company’s insolvency.
ARITA Information sheets
The Australian Restructuring, Insolvency & Turnaround Association (ARITA) provides helpful information and guidance for directors, employees, creditors and shareholders affected by a company’s insolvency.
ACCC Consumer Rights
The Australian Competition & Consumer Commission provides particular guidance to consumers on the impact of a company's insolvency on their rights.
Fair Work Ombudsman
The Australian Government Fair Work Ombudsman provide guidance to employees regarding ending their employment, including in the case of insolvency of an employer. The website also includes tools that employees may find useful, including a Notice and Redundancy Calculator.
Department of Employment and Workplace Relations
The Australian Government Department of Employment and Workplace Relations administers the Fair Entitlement Guarantee Scheme (refer below). It also provides resources to support individuals seeking employment.
Fair Entitlement Guarantee
The Australian Government Fair Entitlement Guarantee (FEG) is a safety net scheme of last resort that provides financial assistance for eligible employees to pay certain outstanding employee entitlements where an employer enters liquidation or bankruptcy.
Mental Health Support
Beyond Blue is here to help all people in Australia achieve their best possible mental health. They provide comprehensive information about getting support, including for those that may be impacted by job loss.
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