APN Household Insolvency Pressure Index™
The APN Household Insolvency Pressure Index™ reads household financial failure: new personal insolvencies (bankruptcies, debt agreements and personal insolvency agreements) over the past four quarters, per 100,000 population. Higher readings mean more households entering insolvency.
It is a national time series and a component of the APN Risk & Compliance Index™ (24200).
| Component | Source | Weight |
|---|---|---|
| New personal insolvencies, four quarters to date, per 100,000 population | Australian Financial Security Authority, quarterly personal insolvency statistics, all states; ABS estimated resident population | 100% |
The four-quarter sum removes the seasonal pattern in quarterly insolvency counts. The reading is standardised against the period since the December quarter 2021, the first whose four-quarter window lies wholly after the January 2021 change to the bankruptcy threshold.
| Input | Four quarters to June 2026 | Standardised |
|---|---|---|
| Personal insolvency rate | 48.2 per 100,000 (December 2021–December 2025 average 40.6) | +2.0955 |
The June quarter 2026 reading, +2.0955σ, has an indicative position of 98.2 and sits above the normal range of −1.2816σ to +1.2816σ. The chart begins in the December quarter 2021, the first quarter whose four-quarter window lies wholly after the January 2021 change to the bankruptcy threshold; earlier quarters are not comparable and are not shown. With 19 ranked quarters the position is indicative; empirical ranking begins with the September quarter 2026.
Show the data
| Quarter | Reading | Basis |
|---|---|---|
| Q4 2021 | −0.2259σ | Ranked |
| Q1 2022 | −0.6353σ | Ranked |
| Q2 2022 | −1.0813σ | Ranked |
| Q3 2022 | −1.3614σ | Ranked |
| Q4 2022 | −1.5087σ | Ranked |
| Q1 2023 | −1.2898σ | Ranked |
| Q2 2023 | −0.9266σ | Ranked |
| Q3 2023 | −0.2759σ | Ranked |
| Q4 2023 | −0.0336σ | Ranked |
| Q1 2024 | +0.3964σ | Ranked |
| Q2 2024 | +0.6070σ | Ranked |
| Q3 2024 | +0.7624σ | Ranked |
| Q4 2024 | +0.9092σ | Ranked |
| Q1 2025 | +0.8449σ | Ranked |
| Q2 2025 | +1.0444σ | Ranked |
| Q3 2025 | +1.2112σ | Ranked |
| Q4 2025 | +1.5627σ | Ranked |
| Q1 2026 | +1.6844σ | Ranked |
| Q2 2026 | +2.0955σ | Ranked |
The rate has risen in all but one quarter since the December quarter 2022, when it stood at 35.1 per 100,000, and at 48.2 in the four quarters to June 2026 it is the highest since the threshold change. It remains well below the range of about 121 to 152 per 100,000 recorded from 2011 to 2018, under the earlier rules.
- Recorded break. The debt agreement reform took effect in June 2019, and the creditor’s-petition threshold was raised permanently to $10,000 from 1 January 2021, after a temporary $20,000 during 2020. Readings before the December quarter 2021 are not comparable with later ones and are not ranked or shown.
- Indicative position. With 19 quarters since the break, the position is model-based: the standard normal distribution evaluated at the Z-score. Empirical ranking begins automatically at 20 quarters (the September quarter 2026), with the change of basis disclosed.
- Short baseline. The baseline holds 17 quarters, below the platform minimum. This is disclosed rather than smoothed over.
- Population. The June quarter 2026 rate uses the March 2026 population, the latest published.
The other components of the APN Risk & Compliance Index™ (24200).
- Certified as a component of the APN Risk & Compliance Index™ (indicative position 98.2, from a Z-score of +2.0955 at the quarter ending 30 June 2026)
- Break, indicative-position, short-baseline and population caveats disclosed above
