Marginal annual increase in personal insolvencies said to be in line with high numbers forecast
There was a total of 9,930 personal insolvencies in Australia in the 2022–23 financial year – around 4% higher than the 2021–22 annual figure of 9,545. According to AFSA, “this marginal national increase is in line with forecasts, as we expect to see personal insolvencies revert towards the 10-year average in the next 2 years.” […]
The government halts its Modernising Business Registers Program after an independent review
The federal government has announced it will stop its Modernising Business Registers (MBR) program following independent review findings that the program could not deliver value for money, with massive budget and timeline blowouts: see Review of the Modernising Business Registers Program – Final report | Treasury.gov.au The independent review Report found the MBR program was […]
