Latest CPA News

‘String of bankruptcies’ likely to follow after Watersun Homes hit the wall – Ballarat Courier - May 29, 2017

Ballarat Courier 'String of bankruptcies' likely to follow after Watersun Homes hit the wall Ballarat Courier Phil Dwyer, the president of the Builders Collective of Australia, said insolvencies of the scale of the Watersun collapse might force a further 12 to 30 smaller businesses into ba.

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WA events in $3m debt – Perth Now - May 29, 2017

Perth Now WA events in $3m debt Perth Now The Event Agency Australia allegedly owes thousands of dollars to suppliers for Arcadia, a fire-breathing robotic spider which attracted 40,000 people to Elizabeth Quay in November. Its director, Nikola Graski, did not respond to requests for comment ... and.

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Australia: Liquidators disclaimer power not fail-safe – Mondaq News Alerts (registration) - May 29, 2017

Australia: Liquidators disclaimer power not fail-safe Mondaq News Alerts (registration) On 13 May 2016, the Department of Environment & Heritage Protection (respondent) issued an environmental protection order (EPO) under the Environmental Protection Act 1994 (Qld) (EPA) to Linc Energy Ltd (Linc) wh.

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Fair contracts move by banks gives small business a lifeline – The Australian - May 29, 2017

Fair contracts move by banks gives small business a lifeline The Australian But a significant second reason for the fall in bankruptcy is the fact that the banks are paying a big price for their decision to take on the Australian Parliament and not change their small business overdraft agreements to.

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Safe harbour and ipso facto insolvency reforms coming soon – Mondaq News Alerts (registration) - May 29, 2017

Safe harbour and ipso facto insolvency reforms coming soon Mondaq News Alerts (registration) ... bankruptcy and Insolvency Laws Proposal paper on 29 April 2016. On 28 March 2017, the Government released a draft legislation intended to reform Australia's insolvency laws, together with an accompa.

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Bank-friendly insolvency regime challenged by new laws – The Sydney Morning Herald - May 29, 2017

Australia's corporate insolvency laws are among the most favourable to banks in the world, but this mantle could be threatened by looming changes to wrestle power away from lenders. The federal government is expected to soon publish legislation it hopes will "reduce the stigma associated with b.

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