What is bankruptcy and its implications?Play06:25 Source: Getty ImagesAustralia ExplainedView Podcast SeriesGet the SBS Audio appOther ways to listenApple PodcastsYouTubeSpotifyListnrDownload (11.76MB) The number of Australians in financial distress is on the rise prompting warnings of more personal bankruptcies as the national economy slows down.ShareLatest podcast episodesImportant tips for cycling in AustraliaWhat does January 26 mean to Indigenous Australians?Skin cancer in Australia: What are the risks and how can you protect yourself?Are you in need of crisis accommodation?