INSIGHTS AND UPDATES FOR BUSINESSES
Mental Health First Aid – Supporting SME advisors towards better mental health
When we meet with individuals and directors of companies in financial distress, it is often towards the end of a challenging journey in which uncertainty,
Debt relief notifications paving the way for small business restructuring – Is the wave beginning to form?
On 1 January 2021, the hotly debated and greatly anticipated small business insolvency reforms came into effect. As you probably already know, the main changes
Not a matter of if, but when.
The Australian economy has faced unprecedented challenges in 2020, with the bushfire crisis at the turn of the year followed by floods and then of
INSIGHTS AND UPDATES FOR INDIVIDUALS
COVID 19 and Personal Insolvency
As a result of the Federal Government’s stimulus measures for businesses and individuals that have been affected by the COVID-19 pandemic, the decline in the
Out of reach – Early access COVID-19 super and bankruptcy
As we know, individuals that have had their employment and income impacted by COVID-19 have been allowed, subject to certain criteria, to access two amounts
The one-year bankruptcy
The Federal Parliament is considering the features of the Bankruptcy Amendment (Enterprise Incentives) Bill, which proposes, amongst other things, to reduce the period of bankruptcy
Here are some helpful links below:
- Australian Taxation Office: COVID-19
- ASIC: Small Business
- AFSA: COVID-19 challenges and seeking advice for small business owners
- ARITA: Directors' duties in uncertain financial times
- ARITA: A Fact Sheet For Directors - Small Business Restructuring
- Dealing with coronavirus for small businesses
- COVID-19 business support in your state
Whether your a business or an individual that is concerned or struggling due to the effects of COVID-19 and you would like to speak further, please contact us on 08 9215 7900 for a cost and obligation free consultation.
