Australian Capital Territory

Quarterly regional personal insolvency statistics and analysis for the Australian Capital Territory (ACT) in the March quarter 2017.

Regional personal insolvency statistics for the Australian Capital Territory (ACT) March quarter 2017

Please note: Maps are based on ABS statistical geography boundaries.

Reports

Commentary

Personal insolvency activity

The number of debtors who entered a personal insolvency in the ACT rose 26.9% in the March quarter 2017 compared to the December quarter 2016. The main contributor to the increase was Belconnen.

Noting that small numbers can exaggerate percentage changes, the largest quarterly movements (in percentage terms) in the March quarter 2017 compared to the December quarter 2016 were:

  • Belconnen had the biggest rise in new debtors
  • Cotter - Namadgi had the biggest fall.

The regions with the highest number of new debtors in the March quarter 2017 were:

  • Belconnen (27 debtors)
  • Gungahlin (25 debtors)
  • North Canberra (nine debtors).

Regions with higher proportions of debtors in the adult population than the ACT average in the March quarter 2017 included Cotter - Namadgi (which had the highest proportion of debtors in the adult population in the ACT; albeit with a very small population) and Gungahlin.

Business related personal insolvencies

Noting that small numbers can exaggerate changes, the number of debtors who entered a business related personal insolvency in the ACT rose 84.6% in the March quarter 2017 compared to the December quarter 2016. There were 24 debtors who entered a business related personal insolvency in the March quarter 2017, compared to 13 debtors in the December quarter 2016.

The regions with the highest number of debtors who entered a business related personal insolvency in the March quarter 2017 were:

  • Belconnen (six debtors)
  • Gungahlin (four debtors).