Media release: Regional personal insolvency statistics - September quarter 2015

Tuesday, November 10, 2015

The Australian Financial Security Authority (AFSA) released regional personal insolvency statistics for the September quarter 2015.

New South Wales

  • Greater Sydney

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors increased 17.0%; the main contributors to the increase were Campbelltown and Merrylands – Guildford.
      • the number of debtors who entered a business related personal insolvency increased 33.8%; the main contributors to the fall were Wyong and Eastern Suburbs – North.
  • Rest of NSW

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors fell 1.1%; the main contributors to the fall were Port Stephens, Lake Macquarie – East and Southern Highlands.
      • the number of debtors who entered a business related personal insolvency increased 6.1%; the main contributors to the rise were Albury and South Coast.

Victoria

  • Greater Melbourne:

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors increased 17.3%; the main contributors to the rise were Knox and Brimbank.
      • the number of debtors who entered a business related personal insolvency increased 12.1%; the main contributor to the rise was Brimbank.
  • Rest of Vic

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors who entered a personal insolvency increased 0.5%; the main contributor to the rise was Shepparton.
      • the number of debtors who entered a business related personal insolvency increased 10.1%; the main contributor to the rise was Campaspe.

Queensland

  • Greater Brisbane

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors increased 5.9%; the main contributor to the rise was Capalaba.
      • the number of debtors who entered a business related personal insolvency increased 14.8%; the main contributors to the rise were North Lakes, Ipswich Hinterland and Hills District.
  • Rest of Qld

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors increased 3.8%; the main contributors to the rise were Gladstone – Biloela and Broadbeach – Burleigh.
      • the number of debtors who entered a business related personal insolvency increased 14.6%; the main contributors to the rise were Rockhampton, Gladstone – Biloela and Broadbeach – Burleigh.

South Australia

  • Greater Adelaide

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors increased 6.6%; the main contributors to the rise were Tea Tree Gully and Onkaparinga.
      • the number of debtors who entered a business related personal insolvency increased 63.2%; the main contributors to the rise were Onkaparinga and  Norwood – Payneham – St Peters.
  • Rest of SA

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors fell 19.5%; the main contributor to the fall was Barossa.
      • the number of debtors who entered a business related personal insolvency fell 68.2%; the main contributors to the fall were Eyre Peninsula and South West and Mid North.

Western Australia

  • Greater Perth

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors increased 10.5%; the main contributors to the rise were Wanneroo, Kwinana and Canning.
      • the number of debtors who entered a business related personal insolvency increased 14.2%; the main contributors to the rise were Stirling and Mundaring.
  • Rest of WA

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors increased 10.4%; the main contributors to the rise were Goldfields, Mid West and Albany.
      • the number of debtors who entered a business related personal insolvency increased 46.7%.

Tasmania

  • Greater Hobart

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors increased 10.1%; the main contributor to the rise was Hobart – North East.
      • 9.2% of debtors entered a business related personal insolvency in Greater Hobart.
  • Rest of Tas

    • In the September quarter 2015 compared to the June quarter 2015:
      • the number of debtors increased 13.6%; the main contributor to the rise was Devonport.
      • there was no change in the number of debtors entering a business related personal insolvency for the rest of Tas; there were 20 debtors who entered a business related personal insolvency in both quarters.

Northern Territory

  • Greater Darwin

    • In the September quarter 2015 compared to the June quarter 2015 the number of debtors increased 29.7%; the main contributor to the rise was Darwin Suburbs.
  • Rest of NT

    • In the September quarter 2015 compared to the June quarter 2015 the number of debtors fell 16.7%.
  • The number of debtors who entered a business related personal insolvency in NT fell 14.3% in the September quarter 2015 compared to the June quarter 2015.
  • In the September quarter 2015, 9.5% of debtors entered a business related personal insolvency.

 

Australian Capital Territory

  • In the September quarter 2015 compared to the June quarter 2015:
    • the number of debtors fell 2.0%; the main contributor to the fall was Woden.
    • the number of debtors who entered a business related personal insolvency increased 7.7%.