Total personal insolvencies up in December – Money Management
Total personal insolvencies went up by 0.9 per cent year-on-year in the December quarter 2016 with debt agreements and personal insolvency agreements increasing by 9.5 per cent and 4.9 per cent, respectively, according to the Australian Financial Security Authority (AFSA). At the same time, AFSA said that bankruptcies fell by 4.9 per cent year-on-year. The…