AICM Risk Report 2020

Page 9

Number of Debtors entering new Administrations July 2018 to June 2019

Personal INSOLVENCY

Total Debtors 4,938 18% n Business Related

22,534 82%

n N on-Business Related

Number of Bankrupts

Number of Debt Agreement Debtors 824 7.1%

4,065 25.8%

11,670 74.2%

10,725 92.8%

NUMBER OF DEBTORS ENTERING NEW ADMINISTRATIONS UNDER THE BANKRUPTCY ACT 1966, 2018-2019 State/ territory

Number of bankrupts Business related

Nonbusiness related

Total

NSW

962

3,370

ACT

36

119

Vic

712

Qld SA

Number of debt agreement debtors Business related

Nonbusiness related

4,332

242

3,298

155

5

146

1,912

2,624

172

1,322

3,409

4,731

234

810

1,044

NT

43

109

WA

661

Tas Other Total

Total

Number of personal insolvency agreement debtors

Total debtors

Business related

Nonbusiness related

Total

Business related

Nonbusiness related

3,540

14

36

50

1,218

6,704

151

2

3

5

43

268

1,894

2,066

7

21

28

891

214

3,227

3,441

10

34

44

36

540

576

2

5

7

152

9

134

143

0

2

1,500

2,161

129

1,239

1,368

13

52

309

361

16

240

256

43

132

175

1

7

8

4,065

11,670

15,735

824

10,725

11,549

Proportion of debtors with a business related personal insolvency Total

Bankrupts

Debt agreement debtors

Personal insolvency agreement debtors

Total debtors

7,922

22.2%

6.8%

28.0%

15.4%

311

23.2%

3.3%

40.0%

13.8%

3,827

4,718

27.1%

8.3%

25.0%

18.9%

1,546

6,670

8,216

27.9%

6.2%

22.7%

18.8%

272

1,355

1,627

22.4%

6.3%

28.6%

16.7%

2

52

245

297

28.3%

6.3%

0.0%

17.5%

35

48

803

2,774

3,577

30.6%

9.4%

27.1%

22.4%

1

3

4

69

552

621

14.4%

6.3%

25.0%

11.1%

0

0

0

44

139

183

24.6%

12.5%

24.0%

49

139

188

4,938

22,534

27,472

25.8%

7.1%

26.1%

18.0%

Note: State/territory “Other” includes records where no address is stated, records coded to Other Territories and records where the stated address is not in the Australian Statistical Geography Standard (ASGS). For further information please read the Guide to business and non-business personal insolvency activity click here

9

AICM Insolvency Risk Report 2020


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