We have sent a comprehensive Submission to the Australian Senate Inquiry into Corporate Insolvency in Australia. To download the entire document, please click on the “Download” button above.
Executive summary and recommendations.
Australian corporate insolvency law is failing the small businesses at the heart of the Australian economy. The ‘General Insolvency Inquiry’ of 1988, and subsequent law change in 1993, introduced Voluntary Administration — a form of restructuring which has been completely ineffective in turning around insolvent small businesses.
Read the rest of the executive summary on our blog, Executive summary and recommendations.
Parliamentary Joint Committee on Corporations and Financial Services inquiry website
If you would like to read, track enquiry or check hearing dates on the Parliamentary Joint Committee on Corporations and Financial Services website, please click the inquiry website link