“NZ statutes occupy one page to every 5-6-7 pages in Australia” etc
Over the years there has been quite a bit of judicial and parliamentary banter from New Zealand about Australian insolvency laws and perhaps other laws as well. This has been in the area of preference recoveries, the peak indebtedness rule, examination summonses, provable claims and more. One NZ parliamentarian perceptively referred to the “Australians having […]
“Small business” insolvency data
The regular insolvency statistics were released by ASIC (corporate) and AFSA (personal) at the end of 2025 but with a current political focus on insolvency reform for small business, we are now facing the reality of past and current inaction in have adequate data to direct meaningful reform. AFSA statistics show a plateauing or slow […]