Bendigo Tops Bankruptcy Figures

September 14, 2023 9:05 am in by
Image: courtneyk from Getty Images.

Data collected by the Australian Financial Security Authority shows just how rising living costs are pushing Victorians to the point of bankruptcy.

Geelong and Bendigo led the regional bankruptcy figures with 20 and 16 respectively for the quarter.

The financial pain reflects a national trend, with 2705 new personal insolvencies in the three-month period nationally – up 17 percent from June 2022.

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