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Australian bankruptcies – falling numbers continue into the new financial year
30/07/2020
Statistics
Temporary debt protection
Articles
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
28/07/2020
Statistics
COVID-19
Articles
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
15/07/2020
Statistics
Articles
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
31/05/2020
Statistics
Articles
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
02/04/2020
Statistics
COVID-19
General
Articles
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
14/06/2019
Statistics
for the benefit of creditors
returns to creditors
Articles
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
20/08/2018
bankruptcy
England and Wales
Statistics
Articles
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?
26/02/2018
AFSA
bankruptcy
General
Statistics
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?’
16/11/2017
AFSA
ASIC
debt agreements
debt management firms
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
03/11/2017
AFSA
ASIC
General
Insolvency profession
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?
12/10/2017
Books, articles, commentary
Economics
General
Law reform
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
31/08/2016
AFSA
articles
commentary
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
17/07/2016
Statistics
While the usual hype about rates of personal insolvency in Australia might sell, a reported 0.2% rise in personal bankruptcies ...
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