The proposed insolvency reforms to support small business may be rushed through Parliament to commence on 1 January 2021.

Part 2 of this article gives some guidance on some key principles on the right of indemnity in a bankruptcy scenario.

The severe disruption to shipping through the Strait of Hormuz has driven a sharp escalation in fuel costs, and for many transport operators, particularly owner‑drivers and small contractors...

The article considers the Commission's findings in view of a recap of Storm Financial's demise and the finance landscape.

Insolvency practitioners assist to resolve various disputes which may achieve the best outcome for all stakeholders.

Law's scope narrowed - directors aren't criminally liable under section 596AB if they expect employee entitlements will be paid through the FEG scheme.

BOMD (Bank of Mum & Dad) has easily become one of the largest and most versatile mortgage lenders in Australia.

While bankruptcy offers a fresh start for many debts, it doesn't provide a get-out-of-jail-free card for HECS – HELP loans.

The example was a liquidation where sales were being paid up front, but the company was still constantly short on cash.

Is the construction industry over-represented when it comes to insolvency activity?

The decreases in insolvency appointments seem to be the result of government intervention to support business and jobs.

There are a number of issues to consider before a Deed of Assignment could be entered into by a registered liquidator.

SBR appointments have enabled many companies to successfully restructure debts with creditors.

Statutory criteria and defences must be considered, to successfully dispute the claim.

When you’re under pressure, making the first call can feel like stepping into the unknown. People often worry they’ll be judged, rushed, or pushed into a one‑size‑fits‑all solution.

Keep records of which assets form the SMSF & ensure there is clear evidence that ownership of the asset has passed to the SMSF.

Employers will be required to make Superannuation Guarantee (SG) contributions to employees with each pay cycle.

Australia's visa regime is complex, with a wide range of visa options.

Article defines and discusses illegal phoenix activity and the budget measures designed to combat it. .

The Small Business Restructuring (SBR) program was introduced to assist businesses facing financial difficulties.