Monies administered by trustees

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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