Table 6 Causes by State — Business

Bankruptcies (Part IV and XI)


Cause

NSW

%

ACT

%

VIC

%

QLD

%

SA

%

NT

%

WA

%

TAS

%

Total

%

Lack of capital

60

3.47

2

3.45

24

2.79

44

2.41

14

4.05

1

3.45

14

2.69

9

8.41

168

3.07

Failure to keep proper books

36

2.08

2

3.45

26

3.02

23

1.26

8

2.31

0

0

11

2.12

0

0

106

1.94

Economic conditions

685

39.66

18

31.03

320

37.17

816

44.61

118

34.1

7

24.14

218

41.92

51

47.66

2233

40.77

Personal reasons including  ill health

132

7.64

5

8.62

57

6.62

123

6.72

22

6.36

1

3.45

46

8.85

11

10.28

397

7.25

Excessive drawings

63

3.65

9

15.52

35

4.07

62

3.39

13

3.76

4

13.79

24

4.62

3

2.8

213

3.89

Lack of business ability

102

5.91

4

6.9

53

6.16

63

3.44

21

6.07

3

10.34

36

6.92

4

3.74

286

5.22

Inability to collect debts

42

2.43

2

3.45

25

2.9

47

2.57

10

2.89

0

0

7

1.35

2

1.87

135

2.46

Excessive interest

97

5.62

2

3.45

48

5.57

103

5.63

20

5.78

2

6.9

38

7.31

0

0

310

5.66

Gambling or speculation

27

1.56

0

0

17

1.97

15

0.82

7

2.02

1

3.45

3

0.58

1

0.93

71

1.3

Seasonal conditions

21

1.22

0

0

17

1.97

39

2.13

6

1.73

1

3.45

5

0.96

0

0

89

1.62

Other causes or causes not stated

462

26.75

14

24.14

239

27.76

494

27.01

107

30.92

9

31.03

118

22.69

26

24.3

1469

26.82

TOTAL

1727

58

861

1829

346

29

520

107

5477

Debt agreements (Part IX)


Cause

NSW

%

ACT

%

VIC

%

QLD

%

SA

%

NT

%

WA

%

TAS

%

Total

%

Lack of capital

12

6.42

0

0

8

7.02

17

11.18

1

4.76

0

0

3

6.98

0

0

41

7.65

Failure to keep proper books

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Economic conditions

112

59.89

1

33.33

70

61.4

88

57.89

15

71.43

0

0

29

67.44

8

66.67

323

60.26

Personal reasons including 
ill health

24

12.83

0

0

14

12.28

21

13.82

2

9.52

2

50

1

2.33

1

8.33

65

12.13

Excessive drawings

14

7.49

0

0

12

10.53

12

7.89

3

14.29

0

0

3

6.98

0

0

44

8.21

Lack of business ability

6

3.21

0

0

3

2.63

5

3.29

0

0

2

50

2

4.65

0

0

18

3.36

Inability to collect debts

2

1.07

0

0

0

0

3

1.97

0

0

0

0

1

2.33

0

0

6

1.12

Excessive interest

10

5.35

2

66.67

7

6.14

4

2.63

0

0

0

0

4

9.3

0

0

27

5.04

Gambling or speculation

5

2.67

0

0

0

0

1

0.66

0

0

0

0

0

0

0

0

6

1.12

Seasonal conditions

2

1.07

0

0

0

0

1

0.66

0

0

0

0

0

0

3

25

6

1.12

Other causes or causes not stated

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

TOTAL

187

3

114

152

21

4

43

12

536

Personal insolvency agreements (Part X)


Cause

NSW

%

ACT

%

VIC

%

QLD

%

SA

%

NT

%

WA

%

TAS

%

Total

%

Lack of capital

1

3.03

0

0

2

4.08

0

0

0

0

0

0

0

0

0

0

3

1.91

Failure to keep proper books

0

0

0

0

0

0

1

2.56

0

0

0

0

2

6.06

0

0

3

1.91

Economic conditions

9

27.27

0

0

18

36.73

25

64.1

0

0

0

0

17

51.52

0

0

69

43.95

Personal reasons including  ill health

6

18.18

0

0

2

4.08

3

7.69

0

0

0

0

3

9.09

0

0

14

8.92

Excessive drawings

2

6.06

0

0

3

6.12

0

0

2

100

0

0

1

3.03

0

0

8

5.1

Lack of business ability

3

9.09

0

0

3

6.12

0

0

0

0

0

0

2

6.06

0

0

8

5.1

Inability to collect debts

2

6.06

0

0

4

8.16

1

2.56

0

0

0

0

0

0

0

0

7

4.46

Excessive interest

1

3.03

0

0

1

2.04

2

5.13

0

0

0

0

3

9.09

1

100

8

5.1

Gambling or speculation

0

0

0

0

1

2.04

0

0

0

0

0

0

0

0

0

0

1

0.64

Seasonal conditions

2

6.06

0

0

0

0

0

0

0

0

0

0

0

0

0

0

2

1.27

Other causes or causes not stated

7

21.21

0

0

15

30.61

7

17.95

0

0

0

0

5

15.15

0

0

34

21.66

TOTAL

33

0

49

39

2

0

33

1

157