Victoria

Quarterly regional personal insolvency statistics and analysis for Victoria (Vic.) regions in the June quarter 2018.

Reports

  • For the full Victoria report, see:

  • For the regional statistics time series, see:

Key personal insolvency indicators, Victoria, June quarter 2018

  Greater Melbourne Rest of Vic. Vic.1
Total new debtors 1,046 386 1,432
New debtors per 100,000 population aged 18+2 29.8 34.5 30.9
% debtors with a business related personal insolvency 18.9% 20.5% 19.3%

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 Melbourne

Personal insolvency activity

There were 1,046 debtors who entered a new personal insolvency in Greater Melbourne in the June quarter 2018. This number rose by 39 debtors or 3.9% from the March quarter 2018. Greater Melbourne accounted for 73.0% of all new debtors in Victoria in the June quarter 2018.

Highest numbers of new debtors by region, Greater Melbourne, June quarter 2018

Region New debtors Debtors per 100,000 persons aged 18 years and older
Wyndham 93 58.4
Whittlesea - Wallan 83 51.8
Casey - South 58 48.3

There were 29.8 new insolvent debtors per 100,000 people aged 18 years and older in Greater Melbourne in the June quarter 2018. This is lower than the Victoria average of 30.9. The highest regional rate in Greater Melbourne was in Wyndham (58.4).

Business related personal insolvencies in Greater Melbourne

There were 198 debtors who entered a new business related personal insolvency in Greater Melbourne in the June quarter 2018. This number rose by 36 debtors or 22.2% from the March quarter 2018. The largest numbers of debtors entering a business related personal insolvency in Greater Melbourne were in:

  • Whittlesea - Wallan (17 debtors)
  • Wyndham (11 debtors)
  • Frankston (10 debtors).

Rest of Victoria

Personal insolvency activity

There were 386 debtors who entered a new personal insolvency in rest of Victoria in the June quarter 2018. This number rose by 14 debtors or 3.8% from the March quarter 2018. Rest of Victoria accounted for 27.0% of all new debtors in Victoria in the June quarter 2018.

Highest numbers of new debtors by region, rest of Victoria, June quarter 2018

Region New debtors Debtors per 100,000 persons aged 18 years and older
Geelong 49 33.2
Ballarat 41 51.4
Mildura 23 55.5

There were 34.5 new insolvent debtors per 100,000 people aged 18 years and older in rest of Victoria in the June quarter 2018. This is higher than the Victoria average of 30.9. The highest regional rate in rest of Victoria was in Baw Baw (56.1).

Business related personal insolvencies in rest of Victoria

There were 79 debtors who entered a new business related personal insolvency in rest of Victoria in the June quarter 2018. This number rose by 10 debtors or 14.5% from the March quarter 2018. The largest numbers of debtors entering a business related personal insolvency in rest of Victoria were in:

  • Baw Baw (9 debtors)
  • Ballarat (8 debtors)
  • Geelong (8 debtors).