Bankruptcy Online - coming in January 2020
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21 October 2019
In August 2019, we invited you to preview the new Bankruptcy Form (containing the debtor’s petition and statement of affairs), that we developed with your assistance.
News
Bankruptcy Online commences today
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2 January 2020
AFSA’s new Bankruptcy Online service is now available, enabling people who wish to apply for bankruptcy to do this online.
Applying for bankruptcy through AFSA is free.
Working with people affected by bushfires
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9 January 2020
The devastating bushfires burning across large parts of the country have impacted thousands of Australians.
Bankruptcy Online update - answering your questions
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24 February 2020
Bankruptcy Online commenced in January 2020. We would like to clarify a couple of matters about this new service.
Information for people affected by disasters
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18 March 2020
Thousands of Australians have been affected by recent or current events, for example Coronavirus (COVID-19), cyclones, floods, bushfires and drought.
Economic response to coronavirus: changes to bankruptcy law
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25 March 2020
On 24 March 2020, the Australian Government made changes to the Bankruptcy law as part of the economic response to the Coronavirus.
Changes to bankruptcy law provide temporary relief for Australians in debt
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27 March 2020
Recent changes to Commonwealth bankruptcy law will provide immediate relief to people facing bankruptcy due to the economic impacts of the Coronavirus.
Changes to bankruptcy law extended to 31 December 2020
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9 September 2020
The Commonwealth Government has announced an extension to temporary debt relief measures, designed to support people facing bankruptcy due to the economic impacts of COVID-19.
New data shows importance for businesses to manage risk when providing goods on credit
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12 October 2020
Specialist data from the Australian Financial Security Authority released today shows just how important it is for businesses that provide goods on credit to manage their risk.
Temporary debt relief measures ended on 1 January 2021
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4 January 2021
In March 2020, the Australian Government announced a series of changes to bankruptcy law, as part of the wider economic response to the COVID-19 pandemic.
The temporary changes included:
Search warrants executed as trustee, pre-insolvency advisor and debtor suspected of fraud
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4 March 2021
Yesterday, the Australian Financial Security Authority, accompanied by members of the Australian Federal Police (AFP) and the Queensland Police Service, executed three warrants in relation to suspe
PIR Newsletter - March 2021
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23 March 2021
Introducing our new AFSAsandpit website
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6 April 2021
The new AFSAsandpit website has now launched.
Scam alert: Fake AFSA 'Extension of more time granted' email
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7 April 2021
AFSA has been made aware of a fake email that appears on our letterhead and includes the name of a senior AFSA employee.
Charges laid following allegations of misusing funds before bankruptcy
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4 May 2021
An investigation by the Australian Financial Security Authority (AFSA) has resulted in charges being laid against an accountant and two individuals for allegedly concealing and disposing of propert
Media release: (NSW) Jones - Bankrupt faces court for failing to disclose information
13 July 2016
Douglas Byron Jones was prosecuted in the Downing Centre Local Court on 23 November 2015, for failing to fully disclose information to his trustee as required by law.
Media release: (NSW) Jones - Bankrupt faces court for failing to disclose information
13 July 2016
Douglas Byron Jones was prosecuted in the Downing Centre Local Court on 23 November 2015, for failing to fully disclose information to his trustee as required by law.
Two NEW quick motor vehicle search videos
3 July 2017
Two NEW quick motor vehicle search videos
Our 7-year anniversary is approaching. Are you ready?
23 November 2018
In January 2019 we reach the 7-year anniversary of the PPSR.
Getting tough on untrustworthy advisors
27 November 2018
Fraud is everyone’s business
26 February 2019
Some reflections on the personal insolvency system
4 March 2019
AFSA meets with major creditors
12 March 2019
Using data to drive innovation
29 March 2019
A balanced insolvency system
3 April 2019
Be reform ready
13 June 2019
Financial hardship is a reality
8 July 2019
For many Australians, financial hardship is a reality.
Media release: Salvatore Sgherza fined for withdrawing funds and incurring debt before filing for bankruptcy
7 August 2019
Mr Salvatore Sgherza, also known as Sam, was sentenced in the Adelaide Magistrates Court on 6 August 2019, after pleading guilty to four charges under the Commonwealth Bankruptcy Act in June 2019.
PPSR for business: registration templates for regular users
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29 August 2019
PPSR for business: registration templates for regular users
If you regularly create PPSR registrations, you can use a template to save your details.
Independence: it's what you know, not who you know
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26 August 2019
It’s what you know, not who you know
The value of transparency – so you know what we know
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10 October 2019
Victorian convicted for disposing money before bankruptcy
13 November 2019
On 11 November 2019, Mr Paul Rossiter was convicted and fined $800 in the Geelong Magistrates Court after pleading guilty to two offences under Commonwealth bankruptcy legislation.
AFSA celebrates GovHack 2019
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18 November 2019
On Saturday 9 November, the 2019 GovHack Red Carpet Awards were celebrated at the National Museum of Australia in Canberra.
Central Coast businessman guilty of making false declarations in proofs of debt
19 November 2019
A Central Coast business owner, Shaun Clapham, has pleaded guilty to two charges under Commonwealth bankruptcy law in the Gosford local court.
AFSA exercises coercive powers to seize books and records from NSW bankrupt
25 November 2019
On Friday 22 November, officers of the Australian Financial Security Authority (AFSA), accompanied by members of the New South Wales Police Force and Registered Trustee in Bankruptcy, Mr Michael Jo
QLD bankrupt convicted of disposing of property
3 December 2019
On 27 November 2019, Mr Gordon Wilson Ramsay, pleaded guilty in the Caboolture Magistrates Court to disposing of property within 12 months of going bankrupt with intent to defraud his creditors.
Western Australian man convicted for disposing of money during bankruptcy
5 December 2019
On Friday 29 November 2019, Mr Edward Moore was sentenced in the Perth Magistrates Court after pleading guilty to three charges under Commonwealth bankruptcy legislation.
NSW bankrupt sentenced to 15 months imprisonment
5 December 2019
On 29 November 2019, Ms Kathy Stefanac was sentenced in the Downing Centre District Court, after pleading guilty to one charge under Commonwealth bankruptcy legislation.
Regulator reports over $4m of bankruptcy fraud
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10 December 2019
The personal insolvency regulator, the Australian Financial Security Authority (AFSA), has identified and proven over $4m of fraud, according to a new report released today.
Bankruptcy Online—more information
10 December 2019
It's less than four weeks until Bankruptcy Online commences, on 2 January 2020.
NSW bankrupt convicted and fined for failing to submit Statement of Affairs
13 December 2019
On 6 December 2019, Mr Shaun Moloney was convicted ex parte in the Parramatta Local Court for failing to file a Statement of Affairs, an offence under the Commonwealth Bankruptcy Act.
NSW bankrupt convicted of making false declarations
16 January 2020
On 14 January 2020, Mr Lenridge Rosemeyer was convicted in the Gosford Local Court after pleading guilty to three charges under Commonwealth bankruptcy law.
Victorian bankrupt convicted for disposing of property before bankruptcy
17 February 2020
On 6 February 2020, Mr James Brendan Nash was convicted in the Ringwood Local Court after he pleaded guilty to three charges of disposing of property and making a false declaration.
QLD man convicted for hiding and spending $140k while bankrupt
5 March 2020
On 28 February 2020, Queensland man Mr Nicholas Gannon was sentenced in the Caboolture Magistrates Court after he pleaded guilty to two charges under Commonwealth bankruptcy law.
Bankrupt Victorian man convicted after concealing $250k transfer to friend
10 March 2020
On 20 February 2020, Mr Robert John Wilson was convicted in the Dandenong Magistrates’ Court after he pleaded guilty to two charges under Commonwealth bankruptcy law.
Conviction and fine for two bankrupts who failed to file Statement of Affairs
13 March 2020
Two bankrupts have been convicted and fined for failing to submit their Statement of Affairs to the personal insolvency regulator, the Australian Financial Security Authority (AFSA).
PIR Newsletter – March 2020
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1 April 2020
Practitioners: COVID-19 and changes to debt agreements
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1 April 2020
Due to the disruption caused by COVID- 19 the Inspector-General has decided to temporarily alter his expectations with respect to Debt Agreement Administrators’ certification duties when debt agree
NSW man convicted after gambling away $70k prior to bankruptcy
2 April 2020
On 31 March 2020, New South Wales man Mr Robert Bruce King was sentenced in the Downing Centre Local Court after he pleaded guilty to two charges under Commonwealth bankruptcy law.
Practitioners: COVID-19 and updated advice from the Inspector-General
3 April 2020
This document seeks to provide some guidance to practitioners in relation to COVID-19 and its effect on our stakeholders.
Two-time bankrupt West Australian man convicted and fined
14 April 2020
A West Australian man, Sean Colville Niven, was convicted and fined in the Perth Magistrates Court after he pleaded guilty to two charges under Commonwealth bankruptcy law.
Seven-time bankrupt jailed over fraudulent debts
28 May 2020
On 26 May 2020 Western Australian man, John Derek Overton, was convicted in the Perth District Court after pleading guilty to 17 charges under Commonwealth bankruptcy law.
Bankrupt Northern Territory man pleads guilty to bankruptcy charges
10 June 2020
On 2 June 2020 Northern Territory man, Bernard Paul Dawson, was convicted in the Darwin Magistrates’ Court after he pleaded guilty to four charges under Commonwealth bankruptcy law.
PIR Newsletter – June 2020
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24 June 2020
Stanley Kaftel guilty of bankruptcy offences for second time in two years
24 June 2020
A New South Wales court has found Stanley Phillip Kaftel guilty of a bankruptcy offence after he was again charged under Commonwealth bankruptcy law. Mr Kaftel will be sentence in August.
Scam warning: Fake '(AFSA) Stop Order' email
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29 June 2020
AFSA has been made aware of a fake email that appears on our letterhead, and includes the copied signature of a senior AFSA employee.
AFSA’s focus areas for 2020-21 revealed in Personal Insolvency Compliance Program
10 July 2020
The Australian Financial Security Authority (AFSA) has today released the Personal Insolvency Compliance Program 2020-21.
Our new PPSR website is in beta
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22 July 2020
We are redeveloping the PPSR website to make it make it easier to find information and use our services and have released a beta, or test version, of the new site.
West Australian man convicted of bankruptcy charges
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24 July 2020
A 72 year old West Australian man, Patrick Naughton, has pleaded guilty to one charge under Commonwealth bankruptcy law in the Perth Magistrates Court.
NSW man convicted after disposing of property
3 August 2020
A New South Wales man, Michael Andrew West, was convicted in the Parramatta District Court after pleading guilty to two charges of disposing of property and one count of making a false declaration
West Australian man convicted of 43 bankruptcy charges
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11 August 2020
West Australian man, John Paul Boardman, has pleaded guilty to 43 charges under Commonwealth bankruptcy law in the Perth Magistrates Court.
Scam alert: AFSA logo misused on request for US dollar transfer
12 August 2020
AFSA has been made aware of a scam letter that includes the Australian Financial Security Authority logo, requesting US dollars in exchange for the release of a large sum of money.
Thomson deregistration: breach of independence
18 August 2020
The registration of Ms Louise Thomson to act as a bankruptcy trustee has been cancelled, following an investigation and disciplinary committee hearing.
Our redesigned PPSR website is live
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26 August 2020
The redeveloped Personal Property Securities Register (PPSR) website launched on 26 August 2020, following extensive research, consultation and testing with us
Stanley Kaftel sentenced following guilty verdict in bankruptcy trial
26 August 2020
Following the verdict reached in Sydney’s Downing Centre District Court in June 2020, Mr Stanley Phillip Kaftel has been sentenced to 18 months imprisonment after breaching bankruptcy law for the s
PIR Newsletter – September 2020
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23 September 2020
AFSA warns people to steer clear of dodgy insolvency advisors
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2 November 2020
The Australian Financial Security Authority (AFSA) is today launching a campaign to raise awareness of dodgy insolvency advisors who exploit people when they seek help to manage debt.
PIR Newsletter - December 2020
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16 December 2020
AFSA outlines key information for creditors on trustee remuneration
17 December 2020
The Australian Financial Security Authority (AFSA) has today published comprehensive information for creditors to help explain the trustee remuneration process, and why it is important for creditor
AFSA reports strong regulatory outcomes despite uncertain year
18 December 2020
The Australian Financial Security Authority’s (AFSA) Personal Insolvency Compliance Report 2019-20 published today highlights the personal insolvency regulator’s achievements in an unprecedented ye
Charges laid against Victorian diamond trader who allegedly attempted to defraud creditors
3 February 2021
An investigation by the Australian Financial Security Authority (AFSA) has resulted in charges against an Australian diamond dealer over allegations he attempted to defraud creditors.
Trustee suspended over fraudulent activity while acting as a liquidator
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23 February 2021
A trustee’s registration has today been suspended, following an ASIC-led inquiry by the Supreme Court of South Australia.
Bankruptcy trustee referred to disciplinary committee
12 March 2021
The Australian Financial Security Authority (AFSA) yesterday referred Mr Daniel Moore, a registered trustee in bankruptcy, to a disciplinary committee for alleged breaches of his statutory and fidu
Insolvency practitioners urged to consider their independence in new AFSA report
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27 April 2021
A new report released today by the Australian Financial Security Authority (AFSA) has highlighted the critical role that independence of insolvency practitioners plays in maintaining the integrity