General

Inquiries x 3: small business lending; external dispute resolution; financial ombudsman service

1. Inquiry into small business lending practices The Australian Small Business and Family Enterprise Ombudsman will undertake an inquiry into

Director identity numbers, and their frequent flyer equivalents

Among all the numerous recommendations the government has received about corporate insolvency reform, one has now been made three times

ASIC’s database, the Productivity Commission and Phoenix misconduct

Three stars have aligned this August – the Productivity Commission’s inquiry into data usage, the government’s pending decision on how

Misprision revived – accountants’ new legal obligations – APESB

Accountants are taking on an obligation to refer breaches of the law to the authorities, under changes to their international code

A lack of trust in the law of trusts

Joint liquidators had to apply to the court be appointed as receivers and managers of property held by them as

The Fishman’s non-payment of tax was not dishonest

The Fish Man Ltd was in liquidation. Its director, Mr Hadfield, raised and sold ornamental fish from 14 fish tanks

La victoria trova cento padri, a nessuno vuole riconoscere l’insuccesso

Enough said.

The Registrar in Bankruptcy (deceased)

Insolvency Law Reform – we needed a racehorse and we got a camel

In introducing new insolvency reforms – what will be the Insolvency Law Reform Act 2016 – the government has claimed