Insolvency Advisory Accountants Media Centre

Stay informed with the latest in insolvency news and industry updates. We can keep you up to date with insolvency and finance information from around the world.
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How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
The involuntary bankruptcy threshold will lift from $10,000 to $20,000, Attorney-General Mark Dreyfus says, giving debtors more breathing room before
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
Australia will see a raft of reforms to the national bankruptcy system introduced so that debtors involved in personal insolvency
Labor reveals personal bankruptcy overhaul – The Australian Financial Review
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Insolvency and tech burning bright and fast: the cash runway challenge and navigating insolvency – Clayton Utz
There has been an increase in company insolvencies in Australia. Startups and early-stage technology companies have not been shielded from
Major Aussie company $60m in debt – news.com.au
Aussie online retailer Booktopia insists it was at all times trading in line with insolvency laws, as administrators continue to
What Happens When a Crypto Exchange Goes Bankrupt? – Investopedia
The major downside to cryptocurrency is the risk of loss, which is even more difficult to manage when a crypto
Booktopia will not fill orders and may not issue refunds, say administrators – The Guardian
The administrators handling the collapse of Booktopia have announced that orders placed with Australias largest online bookseller will not be
Understanding bankruptcy and its consequences in Australia – SBS
Key Points Bankruptcy lasts for three years but the consequences can last much longer. Bankruptcy wont release you from all
Melbourne pub fined for taking bets from boy, 16, with nearly $100,000 in gambling debts – The Guardian Australia
A 16-year-old Melbourne boy was able to gamble nearly $100,000, including at suburban pubs, despite his mother desperately seeking help,
Court wipes punter's $150,000 debt – Racenet
Victoria's Supreme Court of Appeal has wiped a punter's $150,000 debt after ruling paperwork failures rendered the bets invalid. Bookmaker
Barefoot Investor: My husband confessed we are $140,000 in debt due to his gambling addiction – PerthNow
Last week I scored a trifecta, managing to upset people in three ways. First, for my supposed anti-immigration stance, second,
SK Ecoplant to merge tech unit for group restructuring – Korea Economic Daily
SKEcoplantheadquartersinSeoul(ByDae-chulLim) SK Ecoplant Co., a South Korean construction engineering and waste management company, is set to merge a profit-making technology