Port Macquarie recorded the highest number of personal bankruptcies in the state during the 2018 financial year, analysis shows.
Some 82 people in Port Macquarie declared bankruptcy during that time.
The figures also ranked Port Macquarie sixth in the top 10 Australian locations by volume for bankruptcy.
Data registry and analytics business illion combined official bankruptcy data with its data matching capabilities to analyse the financial health of Australians.
Dubbo and Orange, on a state front, came in at equal second on the worst performing list, with 77 personal bankruptcies each during the 2018 financial year, followed by Blacktown, Goulburn, Quakers Hill and Coffs Harbour.
The analysis showed a four per cent increase nationwide in per…
Read the full article at: http://www.wauchopegazette.com.au/story/5574568/personal-bankruptcy-hits-home-in-port-macquarie/