Workers Compensation Nominal Insurer seeks to wind up Elite Excavation

The Workers Compensation Nominal Insurer applied to wind up Victorian civil contractor Elite Excavation Group Pty Ltd on 30 September 2026, with the Australian Securities and Investments Commission publishing the notice on 20 October 2026. The filing is an application only, lodged under paragraph 465A(1)(c) of the Corporations Act, and no court has yet made a winding-up order against the company.

Why it matters

Elite Excavation Group is registered in Victoria, ACN 640 503 840, and excavation sits at the very start of a civil or building program. If a bulk-earthworks or excavation contractor stops trading mid-job, a builder loses the crew clearing and shaping the site before piling, footings or slab work can start, and every trade scheduled behind it slips with the delay.

The applicant is not a trade creditor chasing an unpaid invoice. The Workers Compensation Nominal Insurer is the statutory insurer behind the New South Wales workers’ compensation scheme. The notice does not say what debt underlies the application. Either way, it is a different exposure to the supplier and tax-office filings that dominate the register.

The matter is listed in the Supreme Court of New South Wales, in Sydney, not a Victorian court. The notice does not say where the underlying work or workers were based.

The application is an allegation, not a finding, and Elite Excavation Group can appear at the hearing and oppose it. For any builder with the company currently engaged on an earthworks or excavation package, the practical question is whether the crew is still mobilised on site and whether a backup contractor could step in if a winding-up order is eventually made. That check is cheaper to run now, while the matter is still at the application stage, than after a liquidator is appointed.

The numbers

• Elite Excavation Group Pty Ltd, ACN 640 503 840, registered in Victoria.
• Applicant: the Workers Compensation Nominal Insurer, which commenced the application on 30 September 2026.
• Notice type: application for a winding-up order, paragraph 465A(1)(c) of the Corporations Act, published by ASIC on 20 October 2026.
• Hearing: 9am, 3 November 2026, Supreme Court of New South Wales, Law Courts Building, Queens Square, Sydney. Action number 2026/00404679.
• Plaintiff’s address for service: care of Turks Legal, Sydney.

The ASIC record does not state the amount the Nominal Insurer is claiming, the state in which the underlying workers’ compensation liability arose, or whether Elite Excavation Group has indicated it will contest the application. None of those figures appear in the published notice, so none are reported here.

What’s next

A winding-up application does not end a company’s trading on its own. Elite Excavation Group can file a notice of appearance and contest the application, satisfy the insurer’s claim, or reach a payment arrangement before the 3 November hearing. Only a court order at or after that hearing would put a liquidator in control of the company’s plant, contracts and remaining workforce.

Any builder with Elite Excavation Group engaged on a current earthworks or excavation package should confirm the subcontract is active, check progress-claim status, and identify an alternative excavation contractor in case cover needs to shift at short notice. Builders and principal contractors more broadly should treat a workers’ compensation recovery action, rather than a supplier or tax debt, as a reminder to confirm that subcontractors on site carry current and adequate injury insurance in every state they operate in, not only the state where they are registered. Elite Excavation Group’s application follows Steel Force Steel Fixing, a Victorian trade business that faced its own winding-up application, from the Commissioner of State Revenue, published 14 October 2026.

We will update this story if a hearing outcome, a court order, or a liquidator’s appointment is published.