Key Insolvency Reforms You Need to Know!

The Insolvency protections, which were in place since March 2020 (known as the ‘insolvency moratorium’) has now come to an end. Accordingly, those protections afforded by the Coronavirus Economic Response Package Omnibus 2020 (Cth), such as the increase in debt owing before a creditor could issue a statutory demand (from $2,000 to $20,000), the extension [...]

2021-01-06T08:32:55+00:00January 6th, 2021|Business Advice, Corporate Advisory|Comments Off on Key Insolvency Reforms You Need to Know!