News

Issue No. 14 - December/January 2004

Bankruptcy Jump Hits SA Only

CPA Australia reports that In the three months to September 2003, South Australia suffered a 17 per cent jump in personal insolvency, in contrast to a national trend of falling personal bankruptcies.

CPA reports Insolvency Trustee Service Australia (ITSA) figures showing that 581 South Australians became insolvent in the September quarter, compared to 494 in the same period last year.

“Nationally, personal bankruptcies fell by almost 11 per cent, with decreases ranging from appr...

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