The Parliamentary Joint Committee on Corporations and Financial Services began an inquiry into the effectiveness of Australias corporate insolvency laws in September.
Mr Dreyfus said bringing the two systems closer together was a likely topic.
Thats one of the things that I expect will be canvassed at the round table, he said.
But its been a long time since the government has engaged with the personal insolvency system, and Im keen to see if there are some useful changes that can be made. And indeed, if there are changes that should urgently be made.
For example, there is still concern that the threshold for personal bankruptcy is too low, despite being lifted from $5000 to $10,000 during the pandemic, and that personal situations can b…
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