The latest from AFSA – stats, regulation, advisers, debtors’ petitions
AFSA has issued its latest Personal Insolvency Regulator newsletter for January 2025 containing reports on Statistics – are numbers plateauing? Business insolvencies … Regulation – AFSA is the 4th highest referrer of summary offences to the DPP and the 5th highest for indictable offences. AFSA’s vulnerability strategy Untrustworthy advice – the scale of which is […]
Small corporate business restructuring – Part I
This is a brief review, in two parts, of the small corporate business restructuring process under Part 5.3B of the Corporations Act. Some articles and on-line comment give a more detailed and critical coverage of the process than is available from firms’ marketing. A report from ASIC also gives some useful statistics. More is needed […]
