Northern Territory

Quarterly regional personal insolvency statistics and analysis for the Northern Territory (NT) 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, NT, September quarter 2017

  Greater Darwin Rest of NT NT1
Total new debtors 59 33 93
New debtors per 100,000 population aged 18+2 56.4 51.8 54.5
% debtors with a business related personal insolvency 16.9% 9.1% 14.0%

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 Darwin

Personal insolvency activity

There were 59 debtors who entered a new personal insolvency in Greater Darwin in the September quarter 2017. Greater Darwin accounted for 63.4% of all new debtors in Northern Territory in the September quarter 2017.

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

Region New debtors Debtors per 100,000 persons aged 18 years and older
Darwin Suburbs 23 56.7
Palmerston 20 84.0
Darwin City 9 41.4

There were 56.4 new insolvent debtors per 100,000 people aged 18 years and older in Greater Darwin in the September quarter 2017. This is higher than the Northern Territory average of 54.5. The highest regional rate in Greater Darwin was in Palmerston (84.0).

Business related personal insolvencies in Greater Darwin

Ten debtors entered a new business-related personal insolvency in Greater Darwin in the September quarter 2017. The largest numbers of debtors entering a business-related personal insolvency in Greater Darwin in the September quarter 2017 were in:

  • Palmerston (5 debtors)
  • Darwin Suburbs (3 debtors).

Rest of Northern Territory

Personal insolvency activity

There were 33 debtors who entered a new personal insolvency in rest of Northern Territory in the September quarter 2017. Rest of Northern Territory accounted for 35.5% of all new debtors in Northern Territory in the September quarter 2017.

Highest numbers of new debtors by region, rest of Northern Territory, September quarter 2017

Region New debtors Debtors per 100,000 persons aged 18 years and older
Alice Springs 17 63.0
Katherine 8 61.4
Daly - Tiwi - West Arnhem 5 44.5

There were 51.8 new insolvent debtors per 100,000 people aged 18 years and older in rest of Northern Territory. This is lower than the Northern Territory average of 54.5. Alice Springs recorded the highest regional rate (63.0) in rest of Northern Territory.

Business related personal insolvencies in rest of Northern Territory

Three debtors entered a new business-related personal insolvency in rest of Northern Territory in the September quarter 2017.