As both a Registered Liquidator and Registered Bankruptcy Trustee, I quite often hear about the plight of a family company director or individual who is in financial difficulty being seduced … Read More
It’s time people understood the value insolvency professionals add to the economy, say industry representatives.
A question that is frequently asked by an individual that may be contemplating bankruptcy is what happens to the income they earn during bankruptcy. In short, the Bankruptcy Act 1966 … Read More
In August 2016, the Reserve Bank of Australia (“RBA”) cut the cash rate by a quarter of a percent to 1.5%. Last year also saw dramatic growth in median real … Read More
A talking point that I find is often raised by a director when their company is in financial difficulty and liquidation may be imminent is whether they should change directors. … Read More
The month of July 2016 marks the 50th birthday since the Bankruptcy Act 1966 commenced. Much has happened over that period in terms of changes to Australia’s bankruptcy laws … Read More
I hope this headline has got your interest! Yes Drive Thru Bankruptcies or more correctly put 1 year bankruptcy terms were announced as part of the (1) Productivity Commission’s Report … Read More
On the back of low inflation data the RBA has moved interest rates down another 0.25% to an official cash rate of 1.75%.
Read the official press release I can … Read More
A Report commissioned and released by ASIC’s Consumer Advisory Panel (“CAP”) in January 2016 titled “Paying to get out of debt or clear your record: the promise of debt management … Read More