Debt agreements in the last four years. The next couple of quarters will be interesting.
Column 1 Column 2 0 December quarter 2011 2,0321 March quarter 2012 2,4812 June quarter 2012 2,2183 September quarter 2012 2,4224 December quarter 2012 2,5105 March quarter 2013 2,3766 June quarter 2013 2,3447 September quarter 2013 2,4598 December quarter 2013 2,5899 March quarter 2014 2,67810 June quarter 2014 2,97911 September quarter 2014 3,01012 December quarter 2014 2,65513 March quarter 2015 2,56814 June quarter 2015 2,67815 September quarter 2015 3,081
The last recession in Australia was in the early 1990's. Debt agreements were not around back then. They were only introduced in 1997. If you look at the bankruptcy figures you can certainly see a significant increase when the recession kicked in.
I am not qualified to make predictions. Your guess is probably as good as mine.
Column 1 Column 2 0 1988–89 7,435 1 1989–90 8,552 2 1990–91 13,091 3 1991–92 16,780 4 1992–93 14,852 5 1993–94 14,166 6 1994–95 14,132 7 1995–96 17,324 8 1996–97 21,846 9 1997–98 24,408 10 1998–99 26,378 11 1999–00 23,373 12 2000–01 23,902 13 2001–02 24,114 14 2002–03 22,639 15 2003–04 20,497 16 2004–05 20,501 17 2005–06* 22,299 18 2006–07 25,249 19 2007–08 25,961 20 2008–09 27,520 21 2009–10 27,509 22 2010–11 23,093 23 2011–12 22,163 24 2012–13 20,876 25 2013–14 18,601 26 2014–15 17,163
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