Australian bankruptcies fall 42% over the ‘virus’ quarter

Australian personal insolvencies in 2019-2020 have continued to fall, quite dramatically, of over 23% on last year, and over 35% on the June 2019 quarter. 2019-2020 In 2019-2020 there were: 12,450 bankruptcies, their lowest annual level since 1989–90 and an 18.8% fall from last year. Those in South Australia and Tasmania reached their lowest annual […]