Insolvency practitioners lament ASIC's too few prosecutions – The Australian Financial Review

Treasurer Jim Chalmers is about to give a press conference about a new review into competition laws.

Just 3 per cent of reports of bad director behaviour from liquidators were formally acted upon by the corporate watchdog in 2021-22, according to the industrys peak body.

John Winter, chief executive of the Australian Restructuring Insolvency and Turnaround Association, said his members were frustrated by what appeared to be a lack o…

Read the full article at: https://www.afr.com/politics/federal/uni-graduates-lack-crucial-skills-and-online-study-is-making-it-worse-20230823-p5dyoa