3,161 personal insolvencies filed in the March quarter with hospitality and retail hardest hit

By Yajush Gupta · 4 June 2026 · News

3,161 personal insolvencies filed in the March quarter with hospitality and retail hardest hit

Insolvency Rates Soar: What's Behind the Surge?

Personal insolvencies have skyrocketed 6.2% in the latest quarter, with a surprising sector taking the biggest hit. Find out which industries are struggling the most and why.

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Summary

Personal insolvencies rose 6.2% in the March quarter and nearly a third were business-related.