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Only a registered liquidator may consent to act as a SBRP, to provide appropriate advice regarding a distressed business.

Directors be aware and beware.

"Unclaimed money" can result from people moving residences or changing employment and not updating their details.

Property purchased by a life insurance policy is protected, if the purchase is made after the date of bankruptcy.

Many business owners learn on the job, meaning key financial and cash flow management skills may be lacking.

ATO has expanded the director penalty regime to incorporate superannuation.

Part X agreements help directors avoid bankruptcy and protect assets amid rising ATO enforcement and personal tax liabilities.

JobKeeper has helped staffing, but it has not assisted with other operating costs, particularly rent or finance debts.

It is critical to understand and appreciate that receiver & statutory trustee appointments does not resolve the dispute.

Small Business Restructuring scheme has enabled many small businesses to restructure their business obligation.

This new bill will impact the scheme known as the government's General Employee Entitlements Redundancy Scheme (GEERS).

Although designed to strengthen the ability to make recoveries, unintended consequences can arise out of compliance with s139ZQ.

Advisors can support clients to analyse current business structure and assist in implementing change to achieve growth.

A significant number of SME retail businesses may need restructuring as a result of the bushfires and COVID-19 events.

Bankrupts must be careful about what property comes into their hands during bankruptcy.

An empathetic article about the personal impact bankruptcy can have on the individual mentally, both before and after the fact.

AFSA has recently released annual statistics, trends and also data about personal insolvency causes for the 2016-17 year.