RBA Economic Snapshot December 2023 

Presented by Jones Partners  Inflation: 5.4 per cent  Core inflation continues to slowly decline. Reasonable progress has been made since the March peak of 7.8 per cent.  Inflation will likely stay above target for longer than initially anticipated, requiring interest […]

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Personal Insolvency Statistics

Presented by Jones Partners  2023-2024 Projections and Observed Numbers   The above graph depicts the projected increase in personal insolvencies for 2023 and 2024. AFSA were predicting a significant increase for the 2022-2023 FY, with a forecast of 15,000 incidents of […]

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Corporate Insolvency Statistics

Presented by Jones Partners  (Statistics obtained by ASIC website)  © Australian Securities & Investments Commission  Corporate Insolvency Trends  The above statistics show a comparison between 2022, 2023 and base level (the average of 2017, 2018, 2019), highlighting the total numbers […]

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The Main Causes of Insolvency for 2023

Presented by Jones Partners Throughout 2023, cases of corporate insolvency returned to (and even exceeded) pre-COVID levels. It has been a challenging year, with economic conditions creating a hostile climate for businesses.  High interest rates, war in Ukraine, COVID stimulus, […]

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Newsletter September 2023

Our newsletters are designed to inform our clients and contacts about the latest issues and updates regarding insolvency, bankruptcy, and business management.  Our September newsletter incorporates the following articles: Read the full Newsletter: September 2023 Newsletter Don’t wait until it’s […]

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The Human Side of Bankruptcy

Presented by Jones Partners Bankruptcy is often considered as little more than the legal-administrative process that occurs after a person becomes unable to pay their debts. This is a highly reductive way of describing a complex human experience that can […]

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Can a Trust be Insolvent?

Presented by Jones Partners The term “insolvent trust” is a term commonly misunderstood. Trusts cannot technically become “insolvent”, as they are not a separate legal entity. Trusts are better described as a relationship, outlining powers and obligations, owed by a […]

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Newsletter August 2023

Our newsletters are designed to inform our clients and contacts about the latest issues and updates regarding insolvency, bankruptcy, and business management.  Our August newsletter incorporates the following articles: Read the full Newsletter: August Newsletter 2023 Don’t wait until it’s […]

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Personal Insolvency Statistics

Presented by Jones Partners (Statistics obtained from AFSA Website) June 2023 Totals Personal Insolvency Trends Personal insolvency statistics for June declined slightly from the previous month, which had recorded a total 625 bankruptcies. The most common industries for affected individuals […]

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