New South Wales

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

Reports

Break in series – personal insolvency statistics

From the September quarter 2017, geographic coding of personal insolvency statistics follows a new method. There is also a minor change in the reporting date used for personal insolvency agreements from this quarter. These changes are breaks in series for our statistical publications. For further details see the Guide to quarterly regional statistics.

Key personal insolvency indicators, NSW, September quarter 2017

  Greater Sydney Rest of NSW NSW1
Total new debtors 1,310 864 2,175
New debtors per 100,000 population aged 18+2 34.9 41.9 37.3
% debtors with a business related personal insolvency 14.2% 14.6% 14.3%

1 GCCSA totals may not sum to the state total as the state total is inclusive of records not further classified under the ASGS.
2 Australian Bureau of Statistics 2016 Census of Population and Housing; data extracted 25/08/2017 using TableBuilder (dataset: 2016 Census - Cultural Diversity); Place of Usual Residence (PURP); State and GCCSA figures are summed from SA3. Note: ABS randomly adjust cells to avoid the release of confidential data. As such, state and GCCSA totals (summed from SA3) may not match ABS published totals.

Greater Sydney

Personal insolvency activity

There were 1,310 debtors who entered a new personal insolvency in Greater Sydney in the September quarter 2017. Greater Sydney accounted for 60.2% of all new debtors in New South Wales in the September quarter 2017.

Highest numbers of new debtors by region, Greater Sydney, September quarter 2017

Region New debtors Debtors per 100,000 persons aged 18 years and older
Wyong 87 71.0
Campbelltown (NSW) 86 72.9
Mount Druitt 72 90.3

There were 34.9 new insolvent debtors per 100,000 people aged 18 years and older in Greater Sydney in the September quarter 2017. This is lower than the New South Wales average of 37.3. The highest regional rate in Greater Sydney was in Mount Druitt (90.3).

Business related personal insolvencies in Greater Sydney

There were 186 debtors who entered a new business-related personal insolvency in Greater Sydney in the September quarter 2017. The largest numbers of debtors entering a business-related personal insolvency in Greater Sydney in the September quarter 2017 were in:

  • Gosford (14 debtors)
  • Penrith (11 debtors)
  • Merrylands - Guildford (9 debtors)
  • Sydney Inner City (9 debtors).

Rest of New South Wales

Personal insolvency activity

There were 864 debtors who entered a new personal insolvency in rest of New South Wales in the September quarter 2017. Rest of New South Wales accounted for 39.7% of all new debtors in New South Wales in the September quarter 2017.

Highest numbers of new debtors by region, rest of New South Wales, September quarter 2017

Region New debtors Debtors per 100,000 persons aged 18 years and older
Newcastle 56 42.7
Wagga Wagga 44 61.8
Shoalhaven 43 53.8

There were 41.9 new insolvent debtors per 100,000 people aged 18 years and older in rest of New South Wales in the September quarter 2017. This is higher than the New South Wales average of 37.3. Bathurst recorded the highest regional rate (64.6) in the September quarter 2017.

Business related personal insolvencies in rest of New South Wales

There were 126 debtors who entered a new business-related personal insolvency in rest of New South Wales in the September quarter 2017. The largest numbers of debtors entering a new business-related personal insolvency in rest of New South Wales in September quarter 2017 were in:

  • Port Macquarie  (10 debtors)
  • Tweed Valley (9 debtors)
  • Coffs Harbour (8 debtors).