The Turnaround Tightrope: Insights FromThe 2025 Annual Turnaround Survey
Discover the latest trends shaping the turnaround profession and Australia’s broader economy in the 2025 Annual Turnaround Survey.
In August 2024, Alvarez & Marsal (A&M) joined forces with the Turnaround Management Association Australia (TMA) to survey over 140 TMA professionals on the challenges and opportunities impacting the turnaround industry. At the time, the market was marked by uncertainty, caution, and fears of a looming recession.
Fast forward to 2025, and the landscape has shifted significantly. Partnering again with the TMA, we surveyed over 180 professionals to uncover what is driving this change. The results reveal a clear theme: Australia’s turnaround market is entering a new phase shaped by the country’s current economic outlook. There is a renewed sense of optimism, cautious yet unmistakable.
What’s fuelling this transformation? Our report outlines the broader results from the survey findings and provides A&M’s insights into the specific challenges affecting key industries such as construction, healthcare, retail, and mining.
