The perplexing conundrum of observing insolvency and financial tumult in Australia’s mining sector amidst record highs in mineral prices and employment, invites scrutiny into the undercurrents that drive these seemingly paradoxical scenarios.
A personal insolvency agreement (“PIA”), also known as a Part X agreement, is a formal arrangement that an insolvent debtor can propose to their creditors under Part X of the Bankruptcy Act 1966 (Cth) (“the Act”). The agreement provides an alternative to bankruptcy.
In episode eight of season two of “The Cut”, Managing Principal, Simon Cathro, sits down with Angela Barkhouse – Managing Director, Head of Caribbean of Quantuma.
In episode six of season two of “The Cut”, Founder & Managing Principal, Simon Cathro, speaks with Andrew Jolliffe, Director of Asia Pacific Region – HTL Property about the pub and hospitality sector.
As the financial landscape evolves, businesses and corporations face the ongoing challenge of managing insolvency and restructuring processes effectively both with their own businesses and with customers or suppliers that may experience financial distress or corporate failure.
In episode five of season two of “The Cut”, our Founder & Managing Principal, Simon Cathro speaks with Dave Ellet, Director of Moxon Capital about the market outlook for the next 12-24 months in the SME and corporate space.
Businesses that are unable to pay their statutory debts with the Australian Taxation Office (the ATO) when they fall due may find themselves facing possible insolvency. In this article, we summarise two options available to help businesses meet their statutory obligations and mitigate the risk of insolvency.
