Jul

Webinar

The State of Personal Insolvency System in Australia, and What’s Next

In this session, AFSA Chief Executive, Tim Beresford, explores key trends shaping personal insolvency in Australia. Drawing on over 50 years of data, Tim will explore how economic shocks, regulatory reforms, and evolving creditor behaviours have influenced insolvency patterns.

He will share insights into AFSA’s role in managing and regulating the system, highlight the changing nature of personal insolvency, and examine the broader social and economic forces at play. Tim will outline the key system harms AFSA is focusing on and address the growing importance of trustworthy financial advice in this environment.

This session will provide a compelling overview of the personal insolvency landscape’s past, present and future, and the critical role we all play in ensuring the system delivers firm and fair outcomes.

Registration open until Tuesday 8 July. Registration requests submitted beyond this date will be processed on a case-by-case basis.

industry knowledge

emerging trends

Speakers

Tim Beresford

Chief Executive and Inspector-General in Bankruptcy, Australian Financial Security Authority

Tim Beresford is the Chief Executive at the Australian Financial Security Authority (AFSA), having joined the agency in mid-2022. AFSA’s role is to support a strong credit system for Australia and is a visible, modern and contemporary regulator. The agency administers and regulates the personal insolvency and personal property securities systems and manages criminal assets.

Tim is a Board member of the St George Community Housing (SGCH) and the immediate past Chair of the Benevolent Society (TBS), Australia’s oldest non-Indigenous not for profit. Previously, Tim has held the roles of Acting Chief Executive of the Australian Trade and Investment Commission (Austrade), Deputy Vice-Chancellor of Macquarie University and First Assistant Secretary of the Social Policy Division in Department of the Prime Minister and Cabinet. He has significant leadership experience in the higher education, government, not-for-profit, financial services and professional services sectors. His areas of expertise include strategy, governance, public policy, change management and organisational design.

He holds a Bachelor of Economics (Honours), Bachelor of Laws, a Masters of Philosophy (International Relations) and is a Fellow of the Australian Institute of Company Directors.