Fortnightly bankruptcy and personal insolvency statistics

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.

Personal insolvencies by industry

Between 20 September and 3 October 2021, 376 people entered into a new personal insolvency. Where we could identify the industry they worked in, the most common industries were:

  • construction
  • health care and social assistance
  • administrative and support services
  • other services.

Over this period, 83 of these people were involved in a business. The most common industries were:

  • construction
  • other services
  • professional, scientific and technical services.

The number of people who entered into a new personal insolvency fell from 396 between 6 September and 19 September to 376 between 20 September and 3 October. Over the same period, the number involved in businesses fell from 108 to 83.

The number of new bankruptcies fell from 264 between 6 September and 19 September to 236 between 20 September and 3 October. Over the same period, debt agreements and personal insolvency agreements rose from 132 to 140.

Between 20 September and 3 October, there were 5 new temporary debt protections.

Our personal insolvency statistics include three types of personal insolvencies: bankruptcies, debt agreements and personal insolvency agreements.

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.

Changes to 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.

Reports

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.