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Provisional Personal Insolvency Statistics 2011

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Media Release


11 July 2011

PROVISIONAL PERSONAL INSOLVENCY STATISTICS

Today, I am releasing the provisional personal insolvency statistics for 2010-11 year and the June 2011 quarter.

Total personal insolvency activity

Total personal insolvency activity (31 515) decreased by 13.69% in 2010-11 (36 513 in
2009-10) and decreased by 15.39% in the June 2011 quarter (7 707) compared to the June 2010 quarter (9 109).

Bankruptcies

New bankruptcies decreased by 16.01% during 2010-11 (23 102 as compared with 27 507 in 2009-10) and decreased by 18.12% in the June 2011 quarter (5 602) compared to the June 2010 quarter (6 842).

Part IX debt agreements

There was a 4.44% decrease in debt agreements (as compared with 8 428 in 2009-10). There was a decrease of 7.74% in the June 2011 quarter (2 014) compared to the June 2010 quarter (2 183).

Part X arrangements

There was a 37.89% decrease in personal insolvency agreements in 2010-11 (359), and an increase of 8.33% in the June 2011 quarter (91) compared to the June 2010 quarter (84).

You can access these and past statistics on ITSA’s website (www.itsa.gov.au), where you can also see copies of Annual Reports which contain further statistical information.

For any further information contact Nikki Duvall on (02) 6198 3523.


Veronique Ingram
Chief Executive and
Inspector-General in Bankruptcy

OFFICE ADDRESS: Level 2, AMA Building, 42 Macquarie Street, BARTON ACT 2600 • Telephone (02) 6270 3403 • Facsimile (02) 6270 3413
POSTAL ADDRESS: GPO Box 821, CANBERRA ACT 2601 • INTERNET: www.itsa.gov.au • INFORMATION SERVICE: 1300 364 785
Offices in Canberra, Sydney, Melbourne, Brisbane, Perth, Adelaide, Hobart,

Page Last Updated: 07/11/2011     
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