Monies administered under Parts IV and XI of the Bankruptcy Act
Official Trustee
The Official Trustee administered more than $21 million in receipts in 2022–23. Asset sales accounted for 80% of these receipts.
The Official Trustee administered nearly $32 million in payments in 2022–23. Dividends and secured creditor payments accounted for 40% of these payments.
| State or territory | Total receipts: 2021–22 | Total receipts: 2022–23 | Total payments: 2021–22 | Total payments: 2022–23 |
|---|---|---|---|---|
|
NSW |
$14,100,488 | $6,493,516 | $11,680,295 | $9,493,789 |
|
ACT |
$615,452 | $192,934 | $819,977 | $258,968 |
|
Vic |
$7,794,715 | $2,319,789 | $7,747,972 | $4,643,434 |
|
Qld |
$14,159,935 | $6,982,972 | $13,726,358 | $9,496,820 |
|
SA |
$3,975,644 | $2,186,070 | $4,101,570 | $2,995,324 |
|
NT |
$987,779 | $732,296 | $876,469 | $995,377 |
|
WA |
$6,922,370 | $2,079,919 | $7,414,699 | $3,442,496 |
|
Tas |
$1,439,646 | $301,950 | $1,773,544 | $553,206 |
|
Total |
$49,996,028 |
$21,289,445 |
$48,140,884 |
$31,879,413 |
Registered trustees
Registered trustees administered more than $290 million in receipts in 2022–23. Asset sales accounted for 55% of these receipts.
Registered trustees administered more than $287 million in payments in 2022–23. Trustee fees accounted for 28% of these payments, and secured creditor payments accounted for another 24%.
| State or territory | Total receipts: 2021–22 | Total receipts: 2022–23 | Total payments: 2021–22 | Total payments: 2022–23 |
|---|---|---|---|---|
|
NSW |
$124,594,007 | $108,196,240 | $114,193,354 | $108,753,342 |
|
ACT |
$2,620,046 | $1,824,414 | $2,627,638 | $1,772,768 |
|
Vic |
$48,144,243 | $62,007,722 | $46,169,345 | $60,275,738 |
|
Qld |
$61,529,260 | $53,969,867 | $54,670,185 | $56,854,194 |
|
SA |
$14,025,855 | $16,400,611 | $14,001,220 | $16,333,247 |
|
NT |
$1,936,112 | $2,143,734 | $1,924,795 | $2,385,299 |
|
WA |
$32,969,064 | $40,995,949 | $30,553,893 | $36,845,716 |
|
Tas |
$3,882,049 | $4,934,221 | $3,858,095 | $3,841,521 |
|
Total |
$289,700,637 |
$290,472,758 |
$267,998,525 |
$287,061,825 |
Monies administered under Part IX of the Bankruptcy Act
In 2022–23, practitioners administered more than $157 million in receipts and nearly $163 million in payments. Dividends accounted for 72% of these payments.
| State or territory | Total receipts: 2021–22 | Total receipts: 2022–23 | Total payments: 2021–22 | Total payments: 2022–23 |
|---|---|---|---|---|
|
NSW |
$68,876,192 | $47,340,285 | $69,913,769 | $48,907,722 |
|
ACT |
$3,584,833 | $2,179,957 | $3,700,890 | $2,257,578 |
|
Vic |
$42,732,473 | $27,820,148 | $43,579,067 | $28,888,626 |
|
Qld |
$65,712,517 | $45,319,061 | $67,013,692 | $46,641,175 |
|
SA |
$11,326,810 | $7,784,474 | $11,572,734 | $7,945,323 |
|
NT |
$3,086,741 | $2,220,046 | $3,133,664 | $2,317,198 |
|
WA |
$30,672,984 | $21,572,421 | $31,365,667 | $22,519,927 |
|
Tas |
$4,989,947 | $3,425,365 | $5,064,733 | $3,521,622 |
|
Total |
$230,982,498 |
$157,661,757 |
$235,344,217 |
$162,999,171 |
Monies administered under Part X of the Bankruptcy Act
Official Trustee
In 2021–22, the Official Trustee administered no payments and no receipts. The Official Trustee only administers personal insolvency agreements when a registered trustee resigns, is deregistered or dies. The Official Trustee reconstructs the accounts and reviews all material in the previous trustee’s file. As a result, there can be a delay while the Official Trustee reconciles payments made prior to the Official Trustee’s appointment.
Registered trustees
Registered trustees administered more than $21 million in receipts in 2022–23. Income contributions accounted for 9% of these receipts.
Registered trustees administered more than $20 million in payments in 2022–23. Dividends accounted for 42% of these payments, and trustee fee payments accounted for another 19%.
| State or territory | Total receipts: 2021–22 | Total receipts: 2022–23 | Total payments: 2021–22 | Total payments: 2022–23 |
|---|---|---|---|---|
|
NSW |
$5,773,565 | $5,634,572 | $5,250,872 | $4,383,741 |
|
ACT |
$720,570 | $262,959 | $973,759 | $437,122 |
|
Vic |
$2,679,639 | $4,933,784 | $2,217,272 | $5,218,800 |
|
Qld |
$4,479,954 | $4,593,836 | $4,227,238 | $5,039,976 |
|
SA |
$1,167,684 | $816,319 | $956,679 | $884,669 |
|
NT |
$81,027 | $203,888 | $441,875 | $166,346 |
|
WA |
$2,460,103 | $4,894,928 | $2,137,505 | $4,539,966 |
|
Tas |
$115,887 | $141,009 | $117,520 | $158,834 |
|
Total |
$17,478,429 |
$21,481,295 |
$16,322,720 |
$20,829,453 |