If you enter into bankruptcy or debt agreement, it will be noted on your credit record and these entries normally last for five years.
It will also be recorded on the National Personal Insolvency Index (NPII), a permanent public record maintained by the Australian Financial Security Authority (AFSA). Conducting a search on the NPII for a personal name costs $15.
Your credit record includes information such as your personal details, credit applications, credit defaults and judgements, and other relevant data.
For information on credit reports, we recommend www.moneysmart.gov.au