Personal insolvencies in capital cities rose 4.0% over the March quarter 2020

Note: Displayed by Statistical Area Level 4

The Australian Financial Security Authority (AFSA) released regional personal insolvency statistics for the March quarter 2020.

New personal insolvencies rose 4.0% in capital cities in the March quarter 2020 compared to the previous quarter. There were rises in all capital cities except for Greater Perth, Greater Darwin and the Australian Capital Territory. New personal insolvencies in regions outside capital cities fell 1.1% in the March quarter 2020 compared to the previous quarter.

The proportion of debtors in capital cities rose by 1.2 percentage points in the March quarter 2020 compared to the previous quarter to 65.1%.

March quarter 2020 regional personal insolvencies state by state

The Greater Sydney regions with the highest numbers of debtors entering personal insolvency were Penrith (64), Campbelltown (NSW) (49) and Mount Druitt (47). In the rest of New South Wales, they were Newcastle (33), Dubbo (28) and Lake Macquarie - East (28).

The Greater Melbourne regions with the highest numbers of debtors entering personal insolvency were Wyndham (70), Whittlesea - Wallan (57) and Casey - South (51). In the rest of Victoria, they were Geelong (50), Ballarat (20) and Bendigo (18).

The Greater Brisbane regions with the highest numbers of debtors entering personal insolvency were Springfield - Redbank (54), North Lakes (49) and Browns Plains (44). In the rest of Queensland, they were Ormeau - Oxenford (82), Townsville (64) and Toowoomba (53).

The Greater Adelaide regions with the highest numbers of debtors entering personal insolvency were Salisbury (40), Playford (36) and Onkaparinga (35). In the rest of South Australia, they were Murray and Mallee (21), Eyre Peninsula and South West (14) and Barossa (13).

The Greater Perth regions with the highest numbers of debtors entering personal insolvency were Wanneroo (81), Swan (69) and Rockingham (55). In the rest of Western Australia, they were Bunbury (18), Goldfields (15), Mid West (13) and Wheat Belt - North (13).

The Greater Hobart regions with the highest numbers of debtors entering personal insolvency were Hobart - North West (15), Hobart - North East (12) and Brighton (11). In the rest of Tasmania, they were Launceston (20), Devonport (13) and Burnie - Ulverstone (12).

The Greater Darwin region with the highest number of debtors entering personal insolvency was Palmerston (20). In the rest of Northern Territory, it was Alice Springs (4).

The Australian Capital Territory regions with the highest numbers of debtors entering personal insolvency were Gungahlin (15), Tuggeranong (13) and Belconnen (12).