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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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3 February 2015 | Minutes of the Monetary Policy Meeting of the Board

17 Feb 2015 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 February 2015
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2015/2015-02-03.html