Fortnightly statistics on personal insolvencies in Australia to help understand the economic impact of COVID-19.
We are publishing more up-to-date statistics as well as our usual statistics releases. We will continue to publish these statistics on a fortnightly basis.
We will release our final fortnightly statistics for 2021 on 16 December 2021. We will recommence these statistics on 28 January 2022. We will include the full time series covering the period in the January release.
On this page:
Between 15 November and 28 November 2021, 409 people entered into a new personal insolvency. Where we could identify the industry they worked in, the most common industries were:
- health care and social assistance
- other services.
Over this period, 107 of these people were involved in a business. The most common industries were:
- other services
- accommodation and food services.
The number of people who entered into a new personal insolvency fell from 430 between 1 November and 14 November to 409 between 15 November and 28 November. Over the same period, the number involved in businesses fell from 113 to 107.
The number of new bankruptcies rose from 254 between 1 November and 14 November to 283 between 15 November and 28 November. Over the same period, debt agreements and personal insolvency agreements fell from 175 to 126.
Between 15 November and 28 November, there were 5 new temporary debt protections.
Our business related personal insolvency statistics include people who:
- have traded as a sole trader, including as a contractor, sub-contractor or similar, or been involved in a partnership, and/or
- been a director/secretary or held a management role in a company.
We have asked for this information for the last 5 years in relation to bankruptcies and personal insolvency agreements and for 2 years in relation to debt agreements. For company insolvencies, please see Australian Securities & Investments Commission Insolvency statistics.
The economic response to the coronavirus includes temporary changes to the bankruptcy law.
The new digital bankruptcy application process commenced on 1 October 2020. Application for bankruptcy can be submitted online via the Insolvency Services portal on this website. For more information, see digital bankruptcy application changes.
We will continue to review our statistics releases to bring you as up-to-date information as possible. We welcome your input.
This workbook shows personal insolvencies for each fortnight since 1 July 2019.
This workbook shows personal insolvencies by type of administration since 6 April 2020.
This workbooks shows temporary debt protections since 11 March 2019.