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The 2021-22 Federal Budget was presented this week and as expected health, aged care and our economic recoveryplan were the main focus.Australia has bounced back from the COVID-19 pandemic faster than expected and this has given the governmentmore money to play with than originally expected.Australia’s unemployment rate has dropped to 5.6% from 7.5% since the […]

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With the end of Jobkeeper and a growing $53 billion debt book, the ATO has announced that from the end of March 2021 it will be focussing on recovering taxation debts, including “taking debt and lodgement compliance action”. Now is the time for Directors and their advisors to ensure they fully understand the tax laws […]

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Hamilton Murphy has had incredible success in the first half of the financial year 2020/2021, according to Sivaa Consulting’s Report. Hamilton Murphy are listed as the Number 1 Firm in Victoria We are ranked 13th in the Nationally Stephen Dixon is listed as the number 1 liquidator Nationally and in Victoria. To learn more, download […]

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Hamilton Murphy Advisory encounters many situations where long established “asset rich” company structures continue to be maintained where it may be preferable and more beneficial that that the assets now be in the hands of the shareholders. Members Voluntary Liquidation enables the company assets to be distributed (transferred) to the shareholders with the following potential […]

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In 2017 new laws were passed to allow directors of companies in financial distress to access Safe Harbour protection from personal liability for insolvent trading while implementing a turnaround strategy for their business. Attempting to salvage a company on the brink of collapse through restructuring efforts is something that is cautiously approached by directors or […]

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Insolvency Reforms to Support Small Business – More Options for SMEs On 23 September 2020, the Federal Treasurer announced proposed reforms to the Australian insolvency regime with an implementation date of 1 January 2021. This Bill has now been passed both Houses of Parliament, effective 10 December. The proposed reforms provide business owners in financial […]

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There has been a lot of press and discussion around the Government’s proposed reforms to the Corporations Act particularly with respect to streamlining the insolvency process for small businesses. Whilst the proposed reforms have only just been tabled in parliament with an intended effective date of 1 January 2021, whether that date is achieved or […]

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We are honoured to have participated and won the WIRV, Gender Diversity Firm of the Award 2020. Congratulations to all of the finalists. We would like to acknowledge and thank the entire Hamilton Murphy – Restructuring | Insolvency | Bankruptcy team for their continued contribution, we are extremely proud of each and everyone of you.

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On 23 September 2020, the Federal Treasurer announced proposed reforms to the Australian insolvency regime with an implementation date of 1 January 2021. The proposed reforms provide business owners in financial distress a simplified way to manage their affairs which will give them more control to operate their business, as they work with an insolvency […]

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Hamilton Murphy – Restructuring | Insolvency | Bankruptcy are thrilled to be named as a finalist for the 2020 WIRV Awards, Gender Diversity Firm of the Year! Hamilton Murphy approaches gender diversity and career progression by providing a supporting environment for all staff to grow. Most recently, more females have been promoted into management roles […]

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