More information for people filing for bankruptcy

In 2023, the Australian Financial Security Authority (AFSA) identified one of its administrative practices had not been consistent with the relevant legislation for 30 years.

While the legislation was amended to retrospectively validate the agency’s practices, AFSA sought the Ombudsman’s views about its approach to notifying affected people.

As a result, AFSA updated its website with information about the change, acknowledged the complex and challenging circumstances people experience when filing for bankruptcy, further engaged with the Commonwealth Director of Public Prosecutions (CDPP) to remedy erroneous prosecutions and apologised for any additional stress caused by the matter.

2024