insolvency
Followinsolvency Archives
Ombudsman calls for reform of small-business insolvency laws
The ASBFEO's proposed reforms put more emphasis on optimising and preserving value in a business instead of resorting to...
Tougher road ahead for Australian SMEs
Only SMEs that are profitable, that have a legitimate and successful business plan and that are seeing strong demand for...
Payment times blow out as businesses feel pressure of economic challenges
The research reports 3917 liquidations or administration appointments among Australian companies in 2021-22, with over a...
Business confidence on the wane in deteriorating trading environment
"Businesses will be increasingly wary of their credit customers and their ability to pay going forward, even if no probl...
Tax debts trigger interest in Small Business Restructuring plans
The major benefit of an Small Business Restructure is that SMEs can continue to operate with their directors retaining d...
Is this the end of the insolvency drought?
The ATO's winding up activity can be seen somewhat as a "litmus test" amongst other creditors who may be reluctant to en...
Restructuring revealed to have saved many SMEs from insolvency
Almost one in four SMEs undertook a restructure of their business in the past 12 months, which covered one or more of fu...
Cashflow-strapped SMEs urged to seek help immediately
Speaking up immediately upon recognition of cashflow issues gives small-business owners more options to save their busin...
Reactivation of temporary insolvency protections sought for small businesses
The ASBFEO has urged the Federal Government to reactivate temporary insolvency protections to support affected small and...
Partnership to help protect SMEs’ cashflow in the face of rising insolvency
The new version of PayPredict offers a new measure that will help SMEs in handling customer payment issues by using real...