Tasmania

Quarterly regional personal insolvency statistics and analysis for Tasmania (Tas) in the June quarter 2017.

Reports

Key personal insolvency indicators, Tasmania, June quarter 2017

 

Greater Hobart

Rest of Tas.

Tasmania1

Total new debtors

84

98

183

Quarterly % change in new debtors

31.3%

-22.2%

-4.2%

New debtors per 100,000 population aged 18+2

51.3

45.2

48.0

% debtors with a business related personal insolvency

6.0%

8.2%

7.1%

1 GCCSA totals may not sum to the state total as the state total is inclusive of records not further classified under the ASGS.
2 Australian Bureau of Statistics 2011 Census, table generated 3 March 2014 using usual address and internal migration, data cube: TableBuilder. http://www.abs.gov.au/websitedbs/censushome.nsf/home/tablebuilder?opendocument&navpos=240
Note: ABS randomly adjust cells in ABS 2011 Census data to avoid the release of confidential data. Estimated resident population figures used in this calculation are not updated by AFSA between censuses.

Greater Hobart

Personal insolvency activity

There were 84 debtors who entered a new personal insolvency in Greater Hobart in the June quarter 2017. This number rose by 20 or 31.3% from the March quarter 2017. Greater Hobart accounted for 45.9% of all new debtors in Tasmania in the June quarter 2017.

Highest numbers of new debtors by region, Greater Hobart, June quarter 2017

Region

New debtors

Debtors per 100,000 persons aged 18 years and older

Hobart - North West

38

96.4

Hobart - North East

16

41.6

Hobart - South and West

12

51.6

There were 51.3 new insolvent debtors per 100,000 people aged 18 years and older in Greater Hobart. This is higher than the Tasmania average of 48.0. For the second consecutive quarter, the highest regional rate in Greater Hobart was in Hobart - North West (96.4).

Business related personal insolvencies in Greater Hobart

There were five debtors who entered a new business-related personal insolvency in Greater Hobart in the June quarter 2017. This is a fall of six debtors or 54.5% from the previous quarter.

Rest of Tasmania

Personal insolvency activity

There were 98 debtors who entered a new personal insolvency in rest of Tasmania in the June quarter 2017. This number fell by 28 or 22.2% from the March quarter 2017. Rest of Tasmania accounted for 53.6% of all new debtors in Tasmania in the June quarter 2017.

Highest numbers of new debtors by region, rest of Tasmania, June quarter 2017

Region

New debtors

Debtors per 100,000 persons aged 18 years and older

Launceston

33

54.3

Devonport

16

48.4

Burnie - Ulverstone

14

38.2

There were 45.2 new insolvent debtors per 100,000 people aged 18 years and older in rest of Tasmania. This is lower than the Tasmania average of 48.0. South East Coast recorded the highest regional rate (73.8) in the June quarter 2017.

Business related personal insolvencies in rest of Tasmania

There were eight debtors who entered a new business-related personal insolvency in rest of Tasmania in the June quarter 2017. This is a fall of eight debtors or 50.0% from the previous quarter. The largest number of debtors entering a new business-related personal insolvency in rest of Tasmania in June quarter 2017 was in Launceston (three debtors).