Topic: Insolvency

Insolvency laws are very strict in Australia, meaning companies and directors need to understand their financial position

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Leading directors welcome next step on journey to safe harbour reform

14 June 2017
On the long journey to reforming Australia’s draconian insolvency laws, the Federal Government has introduced its safe harbour legislation to parliament.
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Insolvency Reform to help Save Jobs and Boost Innovation

1 June 2017
The Australian Institute of Company Directors today welcomed the introduction of the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Bill which, if passed, will help boost innovation and pr...
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Final steps to safe harbour law reform

10 May 2017 | Matthew McGirr
In significant news for all directors, the Australian Government released draft legislation for insolvency law reform that includes a proposal to introduce a safe harbour for directors from insolvent ...
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National Innovation and Science Agenda – Improving corporate insolvency law

26 April 2017
The AICD has made a submission on the Australian Government’s Exposure Draft titled Treasury Laws Amendment (2017 Enterprise Inventive No. 2) Bill 2017, and the accompanying draft Explanatory Me...
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Proposed insolvency reforms signal good news for directors and the economy

29 March 2017
In welcome news for directors and the economy, the Federal Government has introduced draft legislation for insolvency law reform that includes a proposal to introduce a safe harbour provision.
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Are you prepared to ensure your organisation’s solvency?

29 March 2017
A new pilot program, Company Directors Course Specialisation: Ensuring Solvency, will help directors make the right calls overseeing organisations in financial stress and navigating Australia’s harsh ...
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Proposed Safe Harbour Reforms an Opportunity to Save Jobs and Value

28 March 2017
The Australian Institute of Company Directors today welcomed the release of draft legislation to reform Australia’s insolvency laws to provide better outcomes for companies, their employees and their ...
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