https://www.afsa.gov.au/about-us/statistics/monthly-personal-insolvency-statistics
Personal insolvency is still down 74%. April 2022 vs July 2019. If/when interests rates do rise and cause increases to insolvency, what will be the lag until it starts showing in insolvency numbers? Surely we are near the bottom now for insolvencies?
Personal Insolvencies in AUS per month
July 2019 - 2736 people
April 2020 - 1696 people
April 2021 - 884 people
April 2022 - 700 people
https://www.afsa.gov.au/about-us/statistics/monthly-personal-inso...
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