Bankruptcies in Australia increased to 941 Companies in April of 2013 from 918 Companies in March of 2013. Bankruptcies in Australia is reported by the Australian Securities & Inv. Commission. Australia Bankruptcies averaged 643.04 Companies from 1999 until 2013, reaching an all time high of 1123.00 Companies in February of 2012 and a record low of 217.00 Companies in January of 1999. In Australia, bankruptcies account for insolvent corporations who cannot repay their debts to creditors and carry on with their business. This page includes a chart with historical data for Australia Bankruptcies.