Below the figures for personal insolvencies are smoothed on a rolling annual basis to strip out seasonality.
The number of debtors entering personal insolvency in Greater Sydney increased by a non-trivial 11 per cent in the March quarter.
Drilling into the statistical areas it is clear that many of Sydney's lower socio-demographic suburbs and LGAs are driving the increase, with elevated levels of activity in Penrith, Campbelltown, Bankstown, and Blacktown, and a secondary tier of stress emerging in Fairfield and Liverpool.
As explicitly predicted in our Long & Short Reports, the region with the highest proportion of new debtors in the adult population was St Marys, for the apparent reasons explained in the report.
Scanning out across regional Queensland the regions with the highest number of new debtors in the March quarter included Townsville and Rockhampton.
Meanwhile in Greater Melbourne the greatest number of insolvencies was also seen in outer suburban hubs such as Wyndham, Whittlesea-Wallan, and Frankston.
With both full time employment growth and wages growth so weak, the rise in the number of insolvencies looks set to continue.