Queensland

Quarterly regional personal insolvency statistics and analysis for Queensland (Qld) in the June quarter 2017.

Reports

Key personal insolvency indicators, Queensland, June quarter 2017

 

Greater Brisbane

Rest of Qld

Qld1

Total new debtors

1,023

1,272

2,308

Quarterly % change in new debtors

-6.8%

-3.0%

-4.6%

New debtors per 100,000 population aged 18+2

65.3

74.8

70.4

% debtors with a business related personal insolvency

12.9%

19.1%

16.3%

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 2011 Census, table generated 3 March 2014 using usual address and internal migration, data cube: TableBuilder. <http://www.abs.gov.au/websitedbs/censushome.nsf/home/tablebuilder?opendocument&navpos=240>
Note: ABS randomly adjust cells in ABS 2011 Census data to avoid the release of confidential data. Estimated resident population figures used in this calculation are not updated by AFSA between censuses. 

Greater Brisbane

Personal insolvency activity

There were 1,023 debtors who entered a new personal insolvency in Greater Brisbane in the June quarter 2017. This number fell by 75 or 6.8% from the March quarter 2017. Greater Brisbane accounted for 44.3% of all new debtors in Queensland in the June quarter 2017.

Highest numbers of new debtors by region, Greater Brisbane, June quarter 2017

Region

New debtors

Debtors per 100,000 persons aged 18 years and older

Springfield - Redbank

71

155.7

Browns Plains

70

137.0

Ipswich Inner

55

79.4

There were 65.3 new insolvent debtors per 100,000 people aged 18 years and older in Greater Brisbane. This is lower than the Queensland average of 70.4. For the second consecutive quarter, the highest regional rate in Greater Brisbane was in Springfield - Redbank (155.7).

Business related personal insolvencies in Greater Brisbane

There were 132 debtors who entered a new business-related personal insolvency in Greater Brisbane in the June quarter 2017. This is a fall of 48 debtors or 26.7% from the previous quarter. The largest numbers of debtors entering a business-related personal insolvency in Greater Brisbane in the June quarter 2017 were in:

  • North Lakes (10 debtors)
  • Redcliffe (8 debtors)
  • Carindale (7 debtors).

Rest of Queensland

Personal insolvency activity

There were 1,272 debtors who entered a new personal insolvency in rest of Queensland in the June quarter 2017. This number fell by 40 or 3.0% from the March quarter 2017. Rest of Queensland accounted for 55.1% of all new debtors in Queensland in the June quarter 2017.

Highest numbers of new debtors by region, rest of Queensland, June quarter 2017

Region

New debtors

Debtors per 100,000 persons aged 18 years and older

Townsville

116

89.3

Ormeau - Oxenford

95

142.1

Mackay

91

108.4

There were 74.8 new insolvent debtors per 100,000 people aged 18 years and older in rest of Queensland. This is higher than the Queensland average of 70.4. For the second consecutive quarter, the highest regional rate in rest of Queensland was in Ormeau - Oxenford (142.1).

Business related personal insolvencies in rest of Queensland

There were 243 debtors who entered a new business-related personal insolvency in rest of Queensland in the June quarter 2017. This is a rise of 13 debtors or 5.7% from the previous quarter. The largest numbers of debtors entering a new business-related personal insolvency in rest of Queensland in the June quarter 2017 were in:

  • Mackay (17 debtors)
  • Ormeau - Oxenford (16 debtors)
  • Toowoomba (13 debtors).