Our latest analysis reveals a marked increase in financial distress across Australian corporates, with several key sectors facing heightened pressure. The findings reflect a challenging economic environment shaped by persistent inflation, elevated interest rates, and sector-specific vulnerabilities.

Discover the latest trends shaping the turnaround profession and Australia’s broader economy in A&M's 2025 Annual Turnaround Survey in partnership with the TMA.

SYDNEY, 20 October 2025 – Global professional services firm Alvarez & Marsal (A&M) in collaboration with the Turnaround Management Association (TMA) Australia, has released its annual Turnaround Survey, revealing a complex and challenging landscape for Australian businesses. While cautious optimism is emerging, the survey underscores that the road to recovery is fraught with significant challenges, with many sectors still grappling with the lingering effects of economic turbulence.

Alvarez & Marsal’s Restructuring team hosted a webinar, where we presented findings from our latest EMEA A&M Distress Alert and discussed the key developments in the distressed and restructuring market in 2025.