Statistics

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 ...