Tasmania

Quarterly regional personal insolvency statistics and analysis for Tasmania (Tas) 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, Tasmania, September quarter 2017

  Greater Hobart Rest of Tas. Tasmania1
Total new debtors 74 146 220
New debtors per 100,000 population aged 18+2 42.5 64.7 54.9
% debtors with a business related personal insolvency 17.6% 14.4% 15.5%

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 Hobart

Personal insolvency activity

There were 74 debtors who entered a new personal insolvency in Greater Hobart in the September quarter 2017. Greater Hobart accounted for 33.6% of all new debtors in Tasmania in the September quarter 2017.

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

Region New debtors Debtors per 100,000 persons aged 18 years and older
Hobart - North East 25 60.6
Hobart - North West 23 55.5
Hobart - South and West 9 36.2

There were 42.5 new insolvent debtors per 100,000 people aged 18 years and older in Greater Hobart. This is lower than the Tasmania average of 54.9. The highest regional rate in Greater Hobart was in Hobart - North East (60.6).

Business related personal insolvencies in Greater Hobart

There were 13 debtors who entered a new business-related personal insolvency in Greater Hobart in the September quarter 2017. The largest numbers of debtors entering a business-related personal insolvency in Greater Hobart in the September quarter 2017 were in:

  • Hobart - North East (5 debtors)
  • Hobart - South and West (3 debtors).

Rest of Tasmania

Personal insolvency activity

There were 146 debtors who entered a new personal insolvency in rest of Tasmania in the September quarter 2017. Rest of Tasmania accounted for 66.4% of all new debtors in Tasmania in the September quarter 2017.

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

Region New debtors Debtors per 100,000 persons aged 18 years and older
Launceston 47 74.1
Burnie - Ulverstone 28 75.1
Devonport 22 63.2

There were 64.7 new insolvent debtors per 100,000 people aged 18 years and older in rest of Tasmania. This is higher than the Tasmania average of 54.9. Central Highlands (Tas.) recorded the highest regional rate (80.0) in the September quarter 2017.

Business related personal insolvencies in rest of Tasmania

There were 21 debtors who entered a new business-related personal insolvency in rest of Tasmania in the September quarter 2017. The largest numbers of debtors entering a business-related personal insolvency in rest of Tasmania in September quarter 2017 were in:

  • Launceston (8 debtors)
  • Meander Valley - West Tamar (4 debtors)
  • Devonport (3 debtors).