Recent research from the Australian Financial Security Authority (AFSA) has unveiled a jump in personal insolvencies during December 2025, with a total of 1,063 new personal insolvencies being recorded over the month.
This was noted to be a rise from 992 in November 2025 and a rise from 828 in December 2024, with the most common employment industries entering personal insolvency being construction, health care and social assistance.
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According to AFSA data, of the 1,063 new personal insolvencies, 651 were bankruptcies, 386 were debt agreements, 24 were personal insolvency agreements and two were insolvent deceased estates.
In addition to this, 11 new temporary debt…