Statistics

Insolvency returns to creditors and other fictions – reissued March 2022

Insolvencies average dividend returns to unsecured creditors of under 5 cents in the dollar, in some cases, under 1 cent.  …

Australian bankruptcy statistics 2019-2021

Numbers of Australia’s 3 year long bankruptcies were down 46.7% in 2020-2021, producing an average dividend of only 1.63c/$.  The …

High level of business bankruptcies in construction and retail

Latest figures show that nearly 60% of personal bankruptcies in the construction industry were involved in a business, with those …

Data Availability and Transparency Bill and Australia’s SME insolvency reforms

Following on some decades of government inattention to the collection of adequate statistical data in insolvency, but with law reforms …

Australian bankruptcies – falling numbers continue into the new financial year

The dramatic annual fall in personal insolvencies in Australia to 30 June 2020 has continued with the second half of …

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% …

Down and down – Australian personal insolvency numbers

The first fortnight of July (29 June to 12 July) saw a drop down from 611 to 587 of people …

Australian personal insolvencies falling in number

The number of personal insolvencies in Australia have been falling since the start of the corona crisis, which some might …

Australia’s new fortnightly ‘COVID-19’ personal insolvency statistics

The Australian bankruptcy trustee and regulator AFSA has started to release fortnightly statistics on personal insolvencies in Australia[1] to assist …

Insolvency returns to creditors and other fictions

Insolvencies average dividend returns to unsecured creditors of under 5 cents in the dollar, in some cases, under 1 cent.  …

Proportions of bankruptcies – a factor of 8.8 in Australia, but only 3.4 in England and Wales

While waiting to see if Australia’s parliament decides to introduce a one year period of bankruptcy, down from the current …

What’s bankruptcy all about?

Would you get out of bed in the morning, as an unsecured creditor of a bankrupt, for a dividend return …

‘A one year bankruptcy or a 3 year debt agreement … what’s the catch?’

With Australia on the verge of introducing a one year period of bankruptcy, it is odd that no comparable reforms …

Guerilla tactics needed against phoenix misconduct

While the government is considering the various submissions on phoenix reforms, these quick thoughts came to mind, involving both government …

Where’s an economist when you need one?

R3 in the UK has commented on a recent OECD Report, about which we gave some views when it came …

A silver lining in the insolvency law reform delay

The unfortunate delay in the commencement of the substance of the insolvency law reforms for one year, to 1 September …

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 …