insolvency
Followinsolvency Archives
Land tax, interest rate pressures on landlords contributing to insolvency ‘domino’ among SMEs
Business-related personal insolvencies made up the bulk of insolvencies in 2023 and insolvencies in March peaked at more...
COVID-19’s impact on small businesses revealed in insolvency report
Over 80 per cent of the businesses reporting insolvency had assets of $100,000 or less and a similar percentage have few...
National insolvency helpline launched
The service is free to callers requiring assistance, and they will receive a complimentary 15-minute consultation with a...
SMEs at risk from ATO and creditor action
High-interest rates and ATO action are creating fear of not only a business insolvency wave but also a personal insolven...
Early warning signs that can help you avoid the insolvency ‘tsunami’
Being armed with the best knowledge, data and analytics is essential for small businesses that want to make critical dec...
Businesses urged to ‘get their houses in order’ for EOFY
EOFY is noted to be a challenging time, even for businesses that are doing, well so taking stock of the business's finan...
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...