Personal insolvencies are continuing their fall in Australia with the April 2025 figures of 1,073 dropping from 1,122 in March 2025. There was also a slight drop in the March quarter 2025 figures compared to the March quarter 2024.
April 2025
Of these 1,073, 586 were bankruptcies and 465 were debt agreements indicating a rise in the proportion of the latter. There were only 17 were personal insolvency agreements, and five were insolvent deceased estates. Provisional personal insolvencies decreased in April 2025 | Australian Financial Security Authority
The most common industries involved continued to be construction, health care and social assistance, and transport, postal and warehousing.
In the construction industry, under some scrutiny in terms of its productivity, insolvencies fell by 5%.
During the same period, 300 people who entered a formal personal insolvency were also involved in a business, dropping from 350 in March 2025.
Data provided in the monthly statistics is provisional and not final.
January-March 2025 and January-March 2024
AFSA has also released final quarterly data for Jan-March 2025, also indicating a fall in numbers: Quarterly personal insolvency statistics.
There was only a slight drop in the March quarter 2025 compared to the March quarter 2024, that is, there were 2,977 new personal insolvencies in the 3-month period to March 2025, down from 2,981 in March 2024, which is only 0.1% lower than in the same period last year.
Summary of the national figures
March quarter 2025:
- 1,696 were bankruptcies
- 1,239 were debt agreements
- 38 were personal insolvency agreements
- 4 were insolvent deceased estates
Of the 2,977 insolvencies in March 2025, 847 personal insolvencies were business-related, up from 758 in the March quarter 2024.
