Bankruptcies in Australia increased to 741 Companies in October from 685 Companies in September of 2019. Bankruptcies in Australia averaged 673.03 Companies from 1999 until 2019, reaching an all time high of 1123 Companies in February of 2012 and a record low of 217 Companies in January of 1999. source: Australian Securities and Investments Commission
Bankruptcies in Australia is expected to be 540.00 Companies by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bankruptcies in Australia to stand at 710.00 in 12 months time. In the long-term, the Australia Bankruptcies is projected to trend around 590.00 Companies in 2020, according to our econometric models.