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NEWLY released statistics show Newcastle had the most new personal insolvencies for the December 2018 quarter in regional NSW, despitelevels falling across other parts of thenation. Statistics released by the federal governments Australian Financial Security Authority (AFSA) also feature Wyong, which the authority classifiesas part of greater Sydney region,as having a high number of new debtors. Newcastles 50 new debtors for the quarter was the highest number in the state outside of Sydney, whilst Wyongs 78 new debtors was the second highest numberin the greater Sydney region. In the December 2018 quarter, there were a total of 6753 new personal insolvencies in Australia, and every state and territory had reduced their …
Read the full article at: https://www.theherald.com.au/story/5880218/insolvency-stats-highest-in-the-hunter/