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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
COVID-19
Statistics
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
returns to creditors
Statistics
for the benefit of 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
England and Wales
Statistics
bankruptcy
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
General
Statistics
AFSA
bankruptcy
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
debt agreements
debt management firms
Financial law reform
General
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
General
Insolvency profession
Law reform
phoenix activity
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
General
Law reform
OECD
phoenix activity
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
Delay
FSI Report
innovation agenda
Law reform
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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