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Around 260 WA businesses entered administration in three month period to September. Photo: Attila Csaszar

Insolvencies up in September

Rental, hiring and real estate services were among the industries that fared worst as external administrations jumped 14 per cent in Western Australia for the September quarter, as insolvency experts warn that an economic rebound has not yet clearly emerged.

Around 260 WA businesses entered administration in that three month period, up from 228 in the June quarter, according to the latest numbers from the Australian Securities and Investments Commission.

That was down from 300 businesses in the September quarter last year.

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