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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New reforms welcomed after significant jump in bankruptcies – Sydney Morning Herald
Normal text sizeLarger text sizeVery large text size The number of people entering personal insolvency in the year to June
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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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
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
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,
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,
Cash flow analysis key to small business restructuring – AccountantsDaily
With businesses collapsing at levels not seen since 2012, Grant Thornton Australias John McInerney suggested that the small business restructuring
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
Local small businesses look to restructuring for ATO debt solution – InDaily
South Australian small businesses are facing a choice between calling in the liquidators or bringing in restructuring firms to go