Topic: Insolvency

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

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Final steps to safe harbour law reform

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 ...

National Innovation and Science Agenda – Improving corporate insolvency law

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...

Are you prepared to ensure your organisation’s solvency?

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 ...

Proposed insolvency reforms signal good news for directors and the economy

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.

Proposed Safe Harbour Reforms an Opportunity to Save Jobs and Value

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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