Personal insolvencies slowed in August 2025, according to new provisional monthly statistics released today by the Australian Financial Security Authority (AFSA).
In August 2025, there were 1,095 new personal insolvencies. This is a decrease from 1,247 in July 2025 and lower than August 2024, which recorded 1,119.
Of the new personal insolvencies, 589 were bankruptcies, 485 were debt agreements, 18 were personal insolvency agreements, and 3 were insolvent deceased estates.
Where AFSA could identify the industry in which an individual worked, the most common industries were:
- Construction
- Health care and social assistance
- Transport, postal and warehousing.
There were also 15 new temporary debt protections.
During the same period, 310 people who entered a personal insolvency were involved in a business, dropping from 355 in July 2025. This includes sole traders, people in partnerships or directors in companies.
Data provided in the monthly statistics is provisional and not final. For final quarterly data, visit AFSA's quarterly personal insolvency statistics at Quarterly personal insolvency statistics.
People experiencing financial stress are encouraged to seek support early. Free confidential assistance is available through the National Debt Helpline - www.ndh.org.au.
For anyone facing and considering formal insolvency options, reach out to a registered trustee or registered debt agreement administrator.
For more information about these statistics, visit Monthly personal insolvency statistics.
