On the back of rises in Queensland and Western Australia, personal bankruptcy cases rose by 4% last year. As both Queensland and Western Australia were hardest hit by the decline in the resources sector, we assume that’s what led to the higher increases in those states.
You can get the full article titled “Personal Insolvencies rise for the first time since 2009-10” on the AFSA website.
Get your free booklet on how to deal with debt collectors and take control of your situation.
