THE financial tables have turned in a dramatic way with more people going into insolvency in Noosa than Nambour, latest figures show.
The Federal Government’s Australian Financial Security Authority has released the latest regional statistics for personal insolvency for the final months of 2017.
Most regions saw a reduction in insolvencies in the December quarter compared to the September quarter, with the previous quarter’s bankruptcy capital Caloundra returning one of the most substantial improvements, from 35 insolvencies to 28.
Meanwhile, Maroochy took the crown with 29 insolvencies, exactly the same number as the previous quarter.
But Noosa had the highest rate of debtors relative to the adult population, w…
Read the full article at: https://www.sunshinecoastdaily.com.au/news/revealed-coasts-surprise-new-bankruptcy-capital/3352717/