Victoria

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

Reports

  • For the full Victoria report, see:

  • For the regional statistics time series, see:

Key personal insolvency indicators, Victoria, March quarter 2018

  Greater Melbourne Rest of Vic. Vic.1
Total new debtors 1,007 372 1,380
New debtors per 100,000 population aged 18+2 28.7 33.2 29.7
% debtors with a business related personal insolvency 16.1% 18.5% 16.8%

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 1,007 debtors who entered new personal insolvencies in Greater Melbourne in the March quarter 2018. This number fell by 57 debtors or 5.4% from the December quarter 2017. Greater Melbourne accounted for 73.0% of all new debtors in Victoria in the March quarter 2018.

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

Region New debtors Debtors per 100,000 persons aged 18 years and older
Wyndham 80 50.2
Whittlesea - Wallan 63 39.3
Casey - South 57 47.4

There were 28.7 new insolvent debtors per 100,000 people aged 18 years and older in Greater Melbourne in the March quarter 2018. This is lower than the Victoria average of 29.7. Cardinia recorded the highest regional rate in the March quarter 2018 (64.1).

Business related personal insolvencies in Greater Melbourne

There were 162 debtors who entered a new business-related personal insolvency in Greater Melbourne in the March quarter 2018. This is a fall of 46 debtors or 22.1% from the December quarter 2017. The largest numbers of debtors entering a new business-related personal insolvency in Greater Melbourne in the March quarter 2018 were in:

  • Mornington Peninsula (12 debtors)
  • Whittlesea - Wallan (12 debtors)
  • Brunswick - Coburg (9 debtors)
  • Tullamarine - Broadmeadows (9 debtors).

Rest of Victoria

Personal insolvency activity

There were 372 debtors who entered a new personal insolvency in rest of Victoria in the March quarter 2018. This number rose by five debtors or 1.4% from the December quarter 2017. Rest of Victoria accounted for 27.0% of all new debtors in Victoria in the March quarter 2018.

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

Region New debtors Debtors per 100,000 persons aged 18 years and older
Ballarat 49 61.4
Geelong 49 33.2
Bendigo 27 37.1

There were 33.2 new insolvent debtors per 100,000 people aged 18 years and older in rest of Victoria in the March quarter 2018. This is higher than the Victoria average of 29.7. Ballarat recorded the highest regional incidence rate (61.4).

Business related personal insolvencies in rest of Victoria

There were 69 debtors who entered a new business-related personal insolvency in rest of Victoria in the March quarter 2018. This is a rise of 12 debtors or 21.1% from the December quarter 2017. The largest numbers of debtors entering a new business-related personal insolvency in rest of Victoria in the March quarter 2018 were in:

  • Ballarat (12 debtors)
  • Wodonga - Alpine (6 debtors).