The Australian Government has announced the most significant changes to the Australian Insolvency framework in almost 30 years. These reforms have been proposed in an effort to support small business amidst the potential impact of COVID-19. The changes are proposed to take effect from 1 January 2021 and will affect incorporated businesses with liabilities of less than $1 million.

Click the “Toggle Full Screen” icon in the control panel below to see the newsletter as a full page flip-book.