Posts tagged "insolvency"

The temporary moratorium on insolvent trading has led to a drop in the number of insolvencies, but financial experts believe that is about to change.

If your customers enter administration with your stock on hand, you’d likely lose your goods or payment without the PPSR in place.

SMEs have begun registering for temporary restructuring relief, under the country’s new insolvency regime that began on January 1. 

From the JobKeeper extension to a new insolvency process, here are four policy changes SMEs need to know about that will start in early-2021.

Brendan O'Connor says Labor won't stand in the way of insolvency reforms passing parliament, but some safeguards are needed to protect small businesses.

The ATO is warning businesses and their tax advisors to watch out for operators offering “untrustworthy” pre-insolvency advice.

The government's insolvency reforms are progressing, with legislation introduced in parliament to improve the system for small businesses.

The liquidator of retailer Riot Art & Craft has confirmed its e-commerce arm was sold to a “related entity” prior to the business collapsing. 

From December 31, businesses will snap back into the sights of creditors — an issue keeping many owners awake at night.  

Insolvency practices for small businesses will be overhauled to allow directors to retain control while planning to restructure debts.

Payment times are increasing for small businesses, with creditors unable to chase up debts amid an extension in insolvency protections.

The Morrison government has announced bankruptcy and insolvency protections will be extended until the end of the year.