A mere 0.2% ‘rise’ in Australian bankruptcies but with bigger changes to come
While the usual hype about rates of personal insolvency in Australia might sell, a reported 0.2% rise in personal bankruptcies is hardly news, even if the first rise since the GFC. What is significant is the continuing rise in the lower level Part IX debt agreement ‘market’, whose low income/asset/debt insolvents in fact pay dividends […]
