New South Wales

Quarterly regional personal insolvency statistics and analysis for New South Wales (NSW) in the March quarter 2017.

Regional personal insolvency statistics for New South Wales (NSW) March quarter 2017

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

Reports

Commentary

Personal insolvency activity

Greater Sydney

The number of debtors who entered a personal insolvency in Greater Sydney rose 11.0% in the March quarter 2017 compared to the December quarter 2016. The biggest contribution to this rise was in Wyong (with an increase of 37 debtors from the previous quarter).

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:

  • Baulkham Hills had the biggest rise in new debtors
  • Canada Bay had the biggest fall.

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

  • Campbelltown (NSW) (85 debtors)
  • Wyong (79 debtors)
  • Penrith (74 debtors).

These regions all had higher proportions of new debtors in the adult population than the Greater Sydney average in the March quarter 2017.

The region with the highest proportion of new debtors in the adult population in Greater Sydney in the March quarter 2017 was St Marys.

Rest of NSW

The number of debtors who entered a personal insolvency in rest of NSW rose 1.9% in the March quarter 2017 compared to the December quarter 2016. The biggest contribution to this rise was in Lachlan Valley (with an increase of 13 debtors from the previous quarter).

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:

  • Moree - Narrabri had the biggest rise in new debtors
  • Inverell - Tenterfield had the biggest fall.

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

  • Newcastle (49 debtors)
  • Tamworth - Gunnedah (38 debtors)
  • Port Stephens (33 debtors)
  • Wagga Wagga (33 debtors).

With the exception of Newcastle, these regions had higher proportions of new debtors in the adult population than the rest of NSW average in the March quarter 2017.

The region with the highest proportion of new debtors in the adult population in rest of NSW in the March quarter 2017 was Broken Hill and Far West.

Business related personal insolvencies

Greater Sydney

The number of debtors who entered a business related personal insolvency in Greater Sydney rose 8.6% in the March quarter 2017 compared to 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:

  • Wyong (14 debtors)
  • Gosford (11 debtors)
  • Baulkham Hills (11 debtors).

Rest of NSW

The number of debtors who entered a business related personal insolvency in rest of NSW fell 10.7% in the March quarter 2017 compared to the December quarter 2016. The main contributor to the fall in rest of NSW was Coffs Harbour.

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

  • Richmond Valley - Hinterland (eight debtors)
  • Newcastle (eight debtors)
  • Port Stephens (seven debtors)
  • Tweed Valley (seven debtors).