In 2000-01, there were 959 new bankruptcies in Tasmania, a 14.7% decrease on the 1999-2000 figure of 836. Of the 959 bankruptcies recorded in 2000-01, 858 or 89.5% were non-business, while 101 or 10.5% were business bankruptcies. This compares to 1999-2000 in which 738 or 88.3% were non-business bankruptcies, while 98 or 11.7% were business bankruptcies.
NUMBER OF BANKRUPTCIES, Tasmania
|
 | 1999-2000 | 2000-01 |
| | |
| no. | no. |
|
| Non-business bankruptcies(a) | 738 | 858 |
| Business bankruptcies(b) | 98 | 101 |
| Total | 836 | 959 |
(a) Where the bankrupt's occupation and cause of bankruptcy is not related to any proprietary interest in a business.
(b) Where the individual's bankruptcy is directly related to his or her proprietary interest in a business.
Source: Inspector-General in Bankruptcy, Annual Report on the Operation of the Bankruptcy Act, 2000-02 (available at the ITSA web site, http://www.itsa.gov.au). |
This page last updated 3 January 2008
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