Statistics

Legislating in the dark – continued – IMF Report

The 2023 Parliamentary Joint Committee Report on Corporate Insolvency called for the collection and analysis of data in advance of ...

Increase in low bankruptcy numbers

Personal insolvencies increased in March 2025 but remain significantly lower than 5 or more years ago – 9,071 for July ...

Insolvency numbers – a positive slant

The Australian newspaper has again given a useful account of corporate insolvency numbers, although slightly premature given that personal insolvency ...

Reserve Bank report on insolvency numbers’ “little threat to financial stability”.

Increases or decreases in the number of insolvencies in Australia are used, particularly now, as some sort of political weapon ...

Personal insolvency numbers fall over 40% in five years

Numbers of personal insolvencies continue to fall.  A projected 12,000 in 2024-2025 is likely compared with 21,078 five years ago. ...

While some firms are “plunging into insolvency”, the numbers are lower or much lower than the long-term average

The Australian newspaper again most usefully reports on the numbers of insolvencies, this time in the building sector – and ...

Personal insolvencies in 2024 – well under half the numbers in 2018

Numbers of personal insolvencies in 2024, while slowly increasing, remain at well under half their number in 2018. There were: ...

The worst is still to come! apparently

The Australian newspaper most usefully for some keeps a focus on insolvency numbers, this time in an article [1] that ...

Dramatic fall in insolvency numbers

The number of personal insolvencies fell by over 28% in the period July to December 2024, with big falls in ...

The latest from AFSA – stats, regulation, advisers, debtors’ petitions

AFSA has issued its latest Personal Insolvency Regulator newsletter for January 2025 containing reports on Statistics – are numbers plateauing? ...

Annual [2023-2024] personal insolvency statistics

Dividend payments to creditors in bankruptcies in 2023-24 averaged only 2.42c in the dollar. Registered bankruptcy trustees took in more ...

“Deliberate and ruthless” competition policy in action

The higher than usual number of corporate insolvencies in 2024 may indicate that healthy but tough competition, driving efficiency and ...

Thousands and thousands of business collapses?

A rather dramatic headline, political only, warning that an extra 10,000 businesses will go under by June 2025 might best ...

A further continued fall in personal insolvencies

Following my October 2024 report, below, that personal insolvencies dropped in number in each of July, August and September 2024, ...

Personal insolvency numbers

AFSA has reported that personal insolvencies increased in the September quarter 2024 compared to September quarter 2023.  That is, there ...

Insolvency trends – should they be higher?

Recent figures show trends in insolvencies in Australia – nothing too significant at a macro level though distressing at a ...

Personal insolvency figures up and ‘reforms’ pending

Personal insolvencies increased in July 2024, to 1157 compared with the lows of 851 in June 2024, and 929 in ...

Insolvency numbers in decline

Numbers of insolvencies of individuals and companies have fallen dramatically over the years, which we may find represents a fundamental ...

“Personal insolvencies increased in May 2024…” – by 3

AFSA reports that “personal insolvencies increased in May 2024”.  They did – by 3 more than in April 2024. Personal ...

Personal insolvency numbers suffer a slight rise

There is not much to report from the latest personal insolvency figures, save for continued small increases over time.  It ...

Small business sole trader insolvencies

A recent newspaper report on the trend of insolvencies in small business was interesting for the reason that it acknowledged ...

Personal insolvency figures – December 2023

Numbers of personal insolvencies in Australia continue to fall with the December 2023 figure down to 805 compared with 853 ...

Insolvency statistics 2023

Each of our insolvency regulators, ASIC for corporate, AFSA for personal, has issued its statistics for 2022-2023 right on the ...

Bankruptcy statistics – more of the same

With the annual personal insolvency statistics for 2022-2023 not yet released, AFSA has released figures for October 2023, showing 951 ...