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Drastic change in Rockhampton’s September quarter insolvency – Rockhampton Morning Bulletin

SMALL business traders in Rockhampton are faring well financially against their Central Queensland counterparts, while non-business related insolvency rates are on the rise.

This is reflected in the Australian Financial Security Authority’s latest regional personal insolvency and business-related insolvency rates for the September quarter.

Released yesterday, a snapshot of Central Queensland revealed Rockhampton experienced the most significant decrease in sole and partnered trader debtors, down 55.55% from 18 individuals entering insolvency in June to eight in September.

It was a drastic change from the increase of 28.57% experienced in the June quarter.

Gladstone’s business-related insolvencies were down 30% t…

Read the full article at: http://themorningbulletin.com.au/news/drastic-change-in-rockhamptons-september-quarter-i/3106629/

Category: BankruptcyBy Insolvency GuardianNovember 3, 2016

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Drastic change in Rockhampton’s September quarter insolvency – Rockhampton Morning Bulletin

SMALL business traders in Rockhampton are faring well financially against their Central Queensland counterparts, while non-business related insolvency rates are on the rise.

This is reflected in the Australian Financial Security Authority’s latest regional personal insolvency and business-related insolvency rates for the September quarter.

Released yesterday, a snapshot of Central Queensland revealed Rockhampton experienced the most significant decrease in sole and partnered trader debtors, down 55.55% from 18 individuals entering insolvency in June to eight in September.

It was a drastic change from the increase of 28.57% experienced in the June quarter.

Gladstone’s business-related insolvencies were down 30% t…

Read the full article at: http://www.themorningbulletin.com.au/news/drastic-change-in-rockhamptons-september-quarter-i/3106629/

Category: BankruptcyBy Insolvency GuardianNovember 1, 2016

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