THE AGE:
THE number of Australians declaring themselves insolvent has soared to record levels, rising more than 25% in the past two years despite buoyant economic times.

Federal regulators say 32,511 Australians were declared bankrupt or made formal agreements with their creditors last year, 10% more than a year earlier and 27.5% more than in 2006.

• More on this article … 

This entry was posted on Saturday, January 12th, 2008 at 10:50 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.