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RBA Glossary definition for bankruptcy

bankruptcy – A legal status, which can be initiated by a creditor or person concerned, whereby the bankrupt's property is vested in a trustee and, with the exception of certain personal and professional property, is available for distribution to creditors.

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Box A: Risks in Non-bank Lending in India

12 Apr 2019 FSR – April 2019
A new insolvency and bankruptcy regime was introduced, together with new powers for the RBI to force large NPLs to be resolved through insolvency.
https://www.rba.gov.au/publications/fsr/2019/apr/box-a.html

Household and Business Finances

12 Apr 2019 FSR – April 2019
The rate of household bankruptcies continued to drift down in 2018 in most states and remains near its lowest level in nearly two decades. ... The main exception continues to be Western Australia, where the rate of bankruptcies remains high though it has
https://www.rba.gov.au/publications/fsr/2019/apr/household-business-finances.html

Household and Business Finances

20 Oct 2018 FSR – October 2018
Bankruptcies in Western Australia are rising and are higher than in the rest of Australia.
https://www.rba.gov.au/publications/fsr/2018/oct/household-business-finances.html

Box B: Recent Trends in Personal Credit

10 Apr 2018 FSR – April 2018
Personal administrations include bankruptcy, debt agreements and personal insolvency agreements. The materials on this webpage are subject to copyright and their use is subject to the terms and conditions set out
https://www.rba.gov.au/publications/fsr/2018/apr/box-b.html

Household and Business Finances

10 Apr 2018 FSR – April 2018
Several small-to-medium-sized builders have filed for bankruptcy in Perth and Brisbane and one large commercial builder in Perth has ceased operations.
https://www.rba.gov.au/publications/fsr/2018/apr/household-business-finances.html

Household and Business Finances

20 Oct 2017 FSR – October 2017
Several small to medium builders – including those involved in commercial or multi-unit developments – have filed for bankruptcy in Perth and Brisbane, and market analysts anticipate more failures in coming months.
https://www.rba.gov.au/publications/fsr/2017/oct/household-business-finances.html

Financial Stability Review September 2014

23 Sep 2014 FSR September 2014 PDF 3401KB
https://www.rba.gov.au/publications/fsr/2014/sep/pdf/0914.pdf

Household and Business Finances

23 Sep 2014 FSR September 2014 PDF 965KB
https://www.rba.gov.au/publications/fsr/2014/sep/pdf/bus-house-fin.pdf

Financial Stability Review March 2014

26 Mar 2014 FSR March 2014 PDF 1956KB
https://www.rba.gov.au/publications/fsr/2014/mar/pdf/0314.pdf

Household and Business Finances

26 Mar 2014 FSR March 2014 PDF 536KB
https://www.rba.gov.au/publications/fsr/2014/mar/pdf/household-business-finances.pdf