Insolvency

Small businesses experiencing financial distress thrown a lifeline with insolvency reforms

1013 675 Emma Macfarlane

Reforms coming 1 January 2021, subject to passing of legislation, will enable businesses experiencing financial difficulties to the point of insolvency greater efficiencies in restructuring or winding up their operations, including paying employers and creditors.

read more

Extension of insolvency safeguards for businesses

1013 675 Emma Macfarlane

The Federal Government has announced that temporary insolvency and bankruptcy protections have now been extended to 31 December 2020.

read more