- Home
- Bank Accounts
- News
- Aussie bankruptcies at lowest level in 23 years
Aussie bankruptcies at lowest level in 23 years
The number of Australians declaring bankruptcy has fallen to its lowest level since March 1995, according to the latest personal insolvency statistics from the Australian Financial Security Authority (AFSA).
The latest AFSA figures have found that there were 3,788 bankruptcies in the December quarter of 2018, falling 6 per cent since the December 2017 quarter.
Across Australia, all states and territories besides Western Australia and the Northern Territory experienced falls in bankruptcy levels.
AFSA Statistics for December Quarter 2018
Source: AFSA.gov.au
Disclaimer
This article is over two years old, last updated on January 28, 2019. While RateCity makes best efforts to update every important article regularly, the information in this piece may not be as relevant as it once was. Alternatively, please consider checking recent bank accounts articles.
Compare bank accounts
Product database updated 17 Apr, 2024
Share this page
Get updates on the latest financial news and products
By continuing, you agree to the RateCity Privacy Policy, Terms of Use and Disclaimer.
