Topic: Safe harbour

A provision of a statute or a regulation that specifies that certain conduct will be deemed not to violate a given rule, in this case trading while insolvent laws

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Advocacy: A new port in a storm

The Government’s new “safe harbour” law is set to ease anxiety for company directors concerned about potential insolvency, reports Policy Adviser Matthew McGirr.

Insolvency Laws Make Welcome Leap into 21st Century

Disruption, innovation and being Amazon-ready are often cited as the keys to business success and employment growth in a rapidly changing world. However sometimes it is the practical changes to our le...

Safe Harbour Reforms to Protect Jobs

The Australian Institute of Company Directors today welcomed the passage through the Senate of safe harbour reforms which will help save jobs and value, while supporting a culture of entrepreneurship ...

Safe harbour introduced into law

Landmark ‘safe harbour’ legislation, a reform that could energise businesses and the economy, has now passed Parliament, and will become law.

Update on insolvency safe harbour reforms

The Senate Economics Legislation Committee has recommended a ‘safe harbour’ for directors.

Advocacy update

The Australian Institute of Company Directors’ Louise Petschler provides a monthly round-up of the Advocacy team’s projects.

Update: Insolvency safe harbour reform

Further progress has been made on this important reform, with the bill now referred to an Inquiry of the Senate Economics Legislation Committee, writes Carissa Simons.

Labor gives tentative support to insolvency reform

The Labor Party has signalled its support for the federal government’s proposed changes to Australia’s strict insolvency laws. Carissa Simons gives an update on its progress.

Inquiry into the Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Bill 2017

On 12 July 2017, the AICD made a submission to the Senate Standing Committee on Economics Inquiry into a bill which would see the significant reform of insolvency law, through the introduction of an i...

Safe Harbour

The recent draft insolvency laws aim to offer greater protection to directors, fostering innovation and entrepreneurship, writes James Dunn.
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