World Bank

A productivity focused insolvency inquiry

The government has referred a productivity inquiry to the Productivity Commission – Regulatory barriers to business dynamism, one factor to ...

The history of innovation, excluding the Hills Hoist

I was pleased to have attended the launch of The shortest history of innovation by Dr Andrew Leigh MP at ...

Personal business liabilities and the World Bank’s B-Ready review of our insolvency laws

The World Bank’s B-Ready review process will be applied this year, 2026, to Australia’s business laws, including “business insolvency”, according ...

A government perspective on insolvency law reform

Dr Andrew Leigh is probably the first minister to oversee both personal and corporate insolvency, following the transfer of personal ...

World Bank’s 2026 B-Ready review of Australian business insolvency and other laws

Next year, 2026, Australia will be the subject of a review by the World Bank under its new B-Ready assessment ...

World Bank’s B-Ready Report on country business systems, including on the efficiency of corporate insolvency systems

This explains the World Bank’s new Business Ready initiative, which will report on the business systems of up to 180 ...
Silos

World Bank insolvency principles – how does Australia compare?

The World Bank has released its updated Principles for Effective Insolvency and Creditor/Debtor Regimes (the Principles), emphasising the needs of ...

Australian personal insolvency reform for COVID-19 impacted debtors

The Australian government’s proposed retention of the restrictions of bankruptcy on COVID-19 impacted business proprietors and consumers is questionable, but ...

Virtual Panel Series – UNCITRAL Texts and COVID-19 Response and Recovery – MSMEs and access to credit and secured lending

An interest group in Australia, the UNCITRAL Coordination Committee for Australia (UNCCA), has a role in monitoring and attending UNCITRAL[1] ...

Competing with phoenix operators, rather than combatting – a goverment liquidator

The World Bank has come out with reports[1] that support the Australian government’s attempts to control unlawful phoenix activity, by ...

World Bank Report on the Treatment of MSME Insolvencies

The World Bank has just released a report on small business insolvencies – Report on the Treatment of MSME Insolvency, ...