Debt agreement debtors

Read more about the ages of debtors entering a debt agreement.

Ages of debt agreement debtors since 2008

The most common age of debt agreement debtors increased from 25 years in 2008 to 28 years in 2014.

Where we could identify the age of debtors, the proportion of debt agreement debtors aged between 17 and 34 years fell from 52% in 2008 to 47% in 2014. Within this age group, the biggest fall occurred in debt agreement debtors aged between 17 and 24 years.

The proportion of debt agreement debtors aged between 50 and 64 years increased from 11% in 2008 to 15% in 2014. Within this age group, the biggest rise occurred in debt agreement debtors aged between 50 and 54 years.

Debtors compared to the population in 2014

Debtors compared to the population in 2014
Age (years) Proportion of debt agreement debtors Proportion of population aged 17 years and over*
17 - 24 13% 14%
25 - 29 19% 9%
30 - 34 15% 9%
35 - 39 12% 8%
40 - 44 13% 9%
45 - 49 10% 8%
50 - 54 9% 8%
55 - 59 4% 8%
60 - 64 2% 7%
65 - 69 1% 6%
70 and over 2% 13%
Age unknown 0% not applicable

The following age groups had the highest levels of over-representation in debt agreement debtors compared to the population in 2014:

  • 25 – 29 years: 19% of debtors compared to 9% of the population*
  • 30 – 34 years: 15% of debtors compared to 9% of the population.*

The following age groups had the highest levels of under-representation in debt agreement debtors compared to the population in 2014:

  • 65–69 years: 1% of debtors compared to 6% of the population*
  • 70 years or more: 2% of debtors compared to 13% of the population.*

* Population figures are for June 2014. Source: Australian Bureau of Statistics, Australian Demographic Statistics, June 2014, catalogue number 3101.0.