TWELVE Fraser Coast businesses have declared bankruptcy in the last financial quarter.
Four of the businesses were from Hervey Bay and eight were from Maryborough.
The figures released by the Australian Financial Security Authority revealed how many new incidences of financial problems occurred in Gladstone between April 2017 and June 2017.
In Hervey Bay 18 individuals declared insolvency, which was the same number in Maryborough.
The data shows Gladstone had a total of 38 new debtors in the June quarter.
Rockhampton fared far worse than Gladstone, however, with 33 people filing for bankruptcy and 46 entering debt agreements.
In Mackay there were 54 new bankruptcies and 37 new debt or personal insolvency…
Read the full article at: https://www.frasercoastchronicle.com.au/news/revealed-how-many-fraser-coast-businesses-now-bank/3210030/