Covid-19 is testing the new safe harbour rules. The rules, amended in 2017, intend to protect directors from personal liability while making decisions for the… Read More »Temporary Safe Harbour Rules Extended to 31 December
Experts warn of an insolvency tsunami in October. According to a survey conducted by Jirsch Sutherland found that 51% of businesses and directors are contemplating… Read More »Directors Should Act Urgently Before Insolvency Tsunami
Financially distressed companies look to professionals to assess business turnaround options. Many factors affect the financial health of a business. Sometimes, even successful businesses take… Read More »Business Turnaround Options for Financially Distressed Companies
Recognising the financial hardship due to the mandatory closure of those providing non-essential services in light with the Covid-19 pandemic, the Australian government provided a range… Read More »Australia Government Issues Rent Relief for Commercial Tenancies
A “purpose-led, people-focused” leader is what your company needs the most at these uncertain times, Matt Dale, principal of ICP Human Solutions, wrote in Balancing… Read More »How Leaders Should Behave In Time Of Crisis: Focus On The People And The Purpose
COVID-19 stimulus package was rolled out by the Australian federal government, in recognition of the impact of the pandemic to the economy. The stimulus packages aim… Read More »Government Rolls Out COVID-19 Stimulus Package to Help SMEs
Bank loan default is recognized by the Australian Securities & Investments Commission as one of the indicators of insolvency. Debts are not bad per se.… Read More »3 Tips to Avoid Bank Loan Default, Dodge Insolvency
