Our latest insights

Innovation can be the key to a successful turnaround

The Federal Government’s release of the Mandatory Commercial Tenancies Code for commercial and retail leases, is now being rolled out by the majority of states and territories.

One challenge for many businesses contemplating a DOCA, is how to fund employee entitlements. The government support scheme for employees of insolvent companies, known as the Fair Entitlements Guarantee, is currently only available in a liquidation.

With Treasury suggesting the unemployment rate could peak at around 10% for the June quarter – it’s more important than ever for companies and their employees to stay connected and work together.

With the world now in the midst of a global pandemic, businesses are facing disruptions across all aspects of their operations and in the marketplace. These disruptions are challenging for everyone in different ways — but for some businesses, it means confronting a very stark reality: heading into the zone of insolvency for reasons outside their control.

Since the outbreak of coronavirus COVID-19, the focus of authorities, governments and businesses has been on the health, safety and wellbeing of our people in balance with the health of our economy.

This month, ‘Safe Harbour’ legislation was passed offering protection to directors from insolvent trading exposure. Is this the big reform Australia that will encourage entrepreneurship and provide a platform to protect (or “harbour”) business value?