Press Briefing on Sri Lanka's 2024 Article IV Consultation and the Second Review under the Extended Fund Facility – International Monetary Fund

June 14, 2024 PARTICIPANTS: Moderator: HUONG LAN PINKY VU Communications Officer Speakers: PETER BREUER Senior Mission Chief for Sri Lanka KATSIARYNA SVIRYDZENKA Deputy Mission Chief for Sri Lanka SARWAT JAHAN Resident Representative in Sri Lanka * * * * * T R A N S C R I P T MS. VU: Good morning, everyone.…

Looking back and thinking forward: The insolvency landscape in 2024 and beyond – AccountantsDaily

Several of these factors contributed to the rising levels of formal insolvency appointments and distressed asset sales seen over the past year, which is likely to continue into 2024.  In this article, we look back at, and think forward to, the trends and legal developments which businesses, insolvency professionals, accountants and investors need to be…

Reforms of Small Business Insolvency in Australia and India | ANU College of Law – ANU College of Law

On the 24 September 2020, the Australian Government announced changes to Australias insolvency framework to better serve Australian small businesses, their creditors and their employees. The changes introduced new processes suitable for small businesses, reducing complexity, time and costs for small businesses. Effective from 1 January 2021, these are the most significant reforms to Australias…

ARYZA appoints experienced insolvency practitioner – Insolvency News Online

Advertorial ARYZAs new head of corporate insolvency, Tom OConnor. Aryza, a leading provider of financial software solutions, announces the appointment of Tom OConnoras its Head of Corporate Insolvency. With an extensive career spanning over a decade in the insolvency sector and a proven track record in product development and client engagement, Tom brings invaluable experience…

Personal insolvencies spike as business failures and economic strain take toll – SmartCompany

Data from the Australian Financial Security Authority (AFSA) has found a significant rise in personal insolvencies for the March 2024 quarter. According to the report, there has been a 19.5% increase compared to the same period last year. Unsurprisingly, economic challenges have been contributing to this rise, including cost of living pressures. However, a large…

Cubitt's Granny Flats and Home Extensions goes into liquidation: NSW and ACT building company collapses owing – Daily Mail

By Makayla Muscat For Daily Mail Australia Published: 14:42 AEST, 17 June 2024 | Updated: 15:05 AEST, 19 June 2024 A building company has collapsed, laying off 80 staff and leaving 130 projects on pause.  Creditors voted to place Cubitt’s Granny Flats and Home Extensions into l… Read the full article at: https://www.dailymail.co.uk/news/article-13537207/Cubitts-Granny-Flats-Home-Extensions-liquidation-NSW-ACT.html