Personal insolvencies surge 11 per cent in March quarter

Personal insolvencies have jumped more than 10 per cent over the past year, as people in financial difficulty sought help from debt-management firms which have been roundly criticised by key corporate regulators.

by | 4 May, 2017

The Australian Financial Securities Authority (AFSA) said there were 7,900 new personal insolvencies in the first three months of the year.

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