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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Casino insists Bruno Mars does not have $50 million gambling debt – Yahoo News UK
A Las Vegas casino has denied Bruno Mars racked up a $50 million (39 million) gambling debt. A representative for
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,
Revenue negotiations on warehouse debt cited as reason for decline in small company restructurings, study says – The Irish Times
Revenues ongoing negotiations earlier this year with companies who availed of a pandemic-era warehoused tax debt scheme has been cited
Over 200 jobs saved so far this year through small business restructuring process – Irish Examiner
New research into the Small Company Administrative Rescue Process (SCARP) scheme has shown that 206 jobs have been saved so
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
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
Small Business Restructuring Specialists – William Buck
What is the Small Business Restructuring process? Australias Small Business Restructuring (SBR) process is a formal insolvency process introduced by