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Annual administration statistics for monies administered by trustees under Parts IV and XI, Part IX and Part X of the Bankruptcy Act.
Monies administered under Parts IV and XI of the Bankruptcy Act
Official Trustee
The Official Trustee administered nearly $50 million in receipts in 2021–22. Asset sales accounted for 68% of these receipts.
The Official Trustee administered more than $48 million in payments in 2021–22. Dividends and secured creditor payments accounted for 43% of these payments.
|
State or territory |
Total receipts: 2020–21 |
Total receipts: 2021–22 |
Total payments: 2020–21 |
Total payments: 2021–22 |
|---|---|---|---|---|
|
NSW |
$17,043,898 | $14,100,488 | $16,236,658 | $11,680,295 |
|
ACT |
$502,701 | $615,452 | $541,795 | $819,977 |
|
Vic |
$6,237,812 | $7,794,715 | $7,155,896 | $7,747,972 |
|
Qld |
$14,151,772 | $14,159,935 | $15,067,842 | $13,726,358 |
|
SA |
$4,529,645 | $3,975,644 | $4,071,495 | $4,101,570 |
|
NT |
$872,554 | $987,779 | $951,026 | $876,469 |
|
WA |
$6,171,294 | $6,922,370 | $5,929,138 | $7,414,699 |
|
Tas |
$1,593,371 | $1,439,646 | $1,427,204 | $1,773,544 |
|
Total |
$51,103,046 |
$49,996,028 |
$51,381,054 |
$48,140,884 |
Registered trustees
Registered trustees administered nearly $290 million in receipts in 2021–22. Asset sales accounted for 47% of these receipts.
Registered trustees administered nearly $268 million in payments in 2021–22. Secured creditor payments accounted for 21% of these payments, and trustee fees accounted for another 28%.
|
State or territory |
Total receipts: 2020–21 |
Total receipts: 2021–22 |
Total payments: 2020–21 |
Total payments: 2021–22 |
|---|---|---|---|---|
|
NSW |
$114,678,801 | $124,594,007 | $111,262,527 | $114,193,354 |
|
ACT |
$6,615,192 | $2,620,046 | $6,616,438 | $2,627,638 |
|
Vic |
$47,899,183 | $48,144,243 | $52,265,448 | $46,169,345 |
|
Qld |
$52,856,956 | $61,529,260 | $54,426,303 | $54,670,185 |
|
SA |
$13,691,804 | $14,025,855 | $11,767,320 | $14,001,220 |
|
NT |
$833,779 | $1,936,112 | $1,042,544 | $1,924,795 |
|
WA |
$27,878,377 | $32,969,064 | $25,168,291 | $30,553,893 |
|
Tas |
$10,469,333 | $3,882,049 | $10,082,996 | $3,858,095 |
|
Total |
$274,923,424 |
$289,700,637 |
$272,631,866 |
$267,998,525 |
Monies administered under Part IX of the Bankruptcy Act
In 2021–22, practitioners administered more than $230 million in receipts and more than $235 million in payments. Dividends accounted for 71% of these payments.
|
State or territory |
Total receipts: 2020–21 |
Total receipts: 2021–22 |
Total payments: 2020–21 |
Total payments: 2021–22 |
|---|---|---|---|---|
|
NSW |
$85,382,611 | $68,876,192 | $87,406,694 | $69,913,769 |
|
ACT |
$4,732,435 | $3,584,833 | $4,892,096 | $3,700,890 |
|
Vic |
$54,703,184 | $42,732,473 | $55,847,317 | $43,579,067 |
|
Qld |
$84,906,024 | $65,712,517 | $86,602,475 | $67,013,692 |
|
SA |
$14,366,125 | $11,326,810 | $14,608,998 | $11,572,734 |
|
NT |
$3,984,129 | $3,086,741 | $4,084,092 | $3,133,664 |
|
WA |
$38,050,492 | $30,672,984 | $38,580,133 | $31,365,667 |
|
Tas |
$6,282,152 | $4,989,947 | $6,386,563 | $5,064,733 |
|
Total |
$292,407,151 |
$230,982,498 |
$298,408,369 |
$235,344,217 |
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 $17 million in receipts in 2021–22. Income contributions accounted for 10% of these receipts.
Registered trustees administered more than $16 million in payments in 2021–22. Dividends accounted for 46% of these payments, and trustee fee payments accounted for another 24%.
|
State or territory |
Total receipts: 2020–21 |
Total receipts: 2021–22 |
Total payments: 2020–21 |
Total payments: 2021–22 |
|---|---|---|---|---|
|
NSW |
$3,988,416 | $5,773,565 | $4,752,704 | $5,250,872 |
|
ACT |
$618,800 | $720,570 | $258,956 | $973,759 |
|
Vic |
$2,036,417 | $2,679,639 | $2,554,226 | $2,217,272 |
|
Qld |
$4,432,072 | $4,479,954 | $5,473,803 | $4,227,238 |
|
SA |
$1,255,295 | $1,167,684 | $1,450,709 | $956,679 |
|
NT |
$107,180 | $81,027 | $157,815 | $441,875 |
|
WA |
$3,428,717 | $2,460,103 | $3,696,733 | $2,137,505 |
|
Tas |
$148,830 | $115,887 | $210,295 | $117,520 |
|
Total |
$16,015,728 |
$17,478,429 |
$18,555,240 |
$16,322,720 |