The Corporations Act 2001 defines insolvency as a state of being “not solvent” or, more accurately, as the incapacity of a person or entity to

As anyone keeping up with the news will know, insolvencies over the past two quarters have repeatedly reached record highs across various industries. Whilst this

Tadhg Schultz, Accountant It’s no secret that Australia is experiencing an increasingly precarious economic outlook. Headlines throughout the last financial year (“FY”) have been filled

With the rising cost of living and increased rates of insolvency across Australia, it’s come as no surprise that we have seen more enquiries with

People commonly misconceive that once filing for Bankruptcy, there is nothing more they can do about improving their financial position until they have been discharged

How to Talk to Your Client About Insolvency – A Guide for Advisers As Insolvency practitioners, one question we are often asked by advisers is:

Personal insolvency can result when an individual is unable to pay their debts as and when they fall due. Personal insolvency comes in many forms

The ATO have recently released their 2023-24 Corporate Plan (Plan), which sets out several strategic objectives for the regulator over the next 4 years. Of

Under the guidance and assistance of a restructuring practitioner, an eligible incorporated company with creditor consent can compromise its debts to achieve future profitability and