Monies administered by trustees

Monies administered under Parts IV and XI of the Bankruptcy Act

Official Trustee

The Official Trustee administered more than $46 million in receipts in 2018–19. Asset sales accounted for 57% of these receipts.

The Official Trustee administered more than $60 million in payments in 2018–19. Dividends and secured creditor payments accounted for 47% of these payments.

State or territory

Total receipts: 2017–18

Total receipts: 2018–19

Total payments: 2017–18

Total payments: 2018–19

NSW

$20,213,119

$14,008,407

$23,044,931

$19,536,225

ACT

$334,211

$426,847

$626,150

$1,143,813

Vic

$8,839,649

$11,416,039

$11,373,028

$13,207,978

Qld

$11,362,570

$10,553,149

$14,330,124

$12,328,692

SA

$2,651,911

$1,917,804

$3,929,125

$2,715,437

NT

$864,252

$826,213

$787,046

$488,664

WA

$5,665,685

$6,303,125

$6,961,423

$8,701,733

Tas

$1,138,379

$1,149,058

$757,927

$2,091,488

Total

$51,069,778

$46,600,642

$61,809,753

$60,214,030

Registered trustees

Registered trustees administered more than $285 million in receipts in 2018–19. Asset sales accounted for 54% of these receipts.

Registered trustees administered more than $305 million in payments in 2018–19. Trustee fees accounted for 29% of these payments, and secured creditors accounted for another 24%.

State or territory

Total receipts: 2017–18

Total receipts: 2018–19

Total payments: 2017–18

Total payments: 2018–19

NSW

$116,136,560

$104,072,575

$118,251,612

$113,197,910

ACT

$3,445,463

$5,402,957

$3,644,833

$5,089,900

Vic

$89,665,093

$67,282,301

$85,166,256

$75,288,222

Qld

$51,078,987

$62,046,480

$51,455,988

$63,851,043

SA

$10,700,529

$12,426,040

$8,544,673

$13,364,667

NT

$2,249,690

$1,474,259

$2,415,826

$1,423,022

WA

$32,471,406

$29,182,232

$32,432,820

$29,319,983

Tas

$3,186,423

$3,646,105

$3,425,362

$3,612,068

Total

$308,934,151

$285,532,949

$305,337,370

$305,146,816

Monies administered under Part IX of the Bankruptcy Act

In 2018–19, practitioners administered more than $304 million in receipts and more than $304 million in payments. Dividends accounted for 69% of these payments.

State or territory

Total receipts: 2017–18

Total receipts: 2018–19

Total payments: 2017–18

Total payments: 2018–19

NSW

$89,153,857

$92,203,500

$88,729,213

$92,308,965

ACT

$4,980,204

$4,981,851

$4,934,266

$5,003,528

Vic

$57,476,295

$58,885,814

$56,832,712

$59,084,786

Qld

$80,584,020

$87,106,818

$79,691,862

$86,979,721

SA

$13,061,429

$14,380,723

$12,812,999

$14,381,597

NT

$3,508,381

$4,007,460

$3,414,306

$3,992,036

WA

$30,465,006

$35,805,378

$29,516,840

$35,394,099

Tas

$6,869,156

$6,956,890

$6,816,250

$6,979,843

Total

$286,098,349

$304,331,587

$282,748,447

$304,125,361

Monies administered under Part X of the Bankruptcy Act

Official Trustee

In 2018–19, the Official Trustee administered no payments and no receipts. The Official Trustee only administers personal insolvency agreements when a registered trustee resigns, is deregistered or dies. The Official Trustee reconstructs the accounts and reviews all material in the previous trustee’s file. As a result, there can be a delay while the Official Trustee reconciles payments made prior to the Official Trustee’s appointment.

Registered trustees

Registered trustees administered nearly $16 million in receipts in 2018–19. Income contributions accounted for 33% of these receipts.

Registered trustees administered nearly $14 million in payments in 2018–19. Dividends accounted for 49% of these payments, and trustee fee payments accounted for another 30%.

State or territory

Total receipts: 2017–18

Total receipts: 2018–19

Total payments: 2017–18

Total payments: 2018–19

NSW

$4,037,865

$3,996,868

$3,774,084

$3,698,408

ACT

$247,237

$427,930

$506,594

$302,590

Vic

$3,521,590

$2,465,042

$3,968,213

$2,736,457

Qld

$4,430,421

$4,437,900

$4,504,121

$3,228,806

SA

$1,216,549

$823,125

$1,086,816

$835,878

NT

$737,978

$268,375

$705,680

$130,303

WA

$2,470,890

$3,204,431

$2,865,011

$2,451,068

Tas

$453,057

$257,114

$492,749

$481,704

Total

$17,115,587

$15,880,784

$17,903,269

$13,865,214