“Deliberate and ruthless” competition policy in action
The higher than usual number of corporate insolvencies in 2024 may indicate that healthy but tough competition, driving efficiency and productivity, is at work. In what is a free enterprise economy, competition between firms is a significant driver of economic efficiency and productivity. Competition policy focuses on the winners as the group to support and […]
A suspended liquidator’s reinstatement – a Kafkaesque journey?
A liquidator whose registration was suspended for 3 years by the court in 2021 has succeeded in 2025 in overturning a decision by ASIC that as he had not maintained his required insurance cover (which was not available during his period of suspension), he had to apply all over again to become a registered liquidator. […]