Insolvency Update – 24 September 2020

The Australian Government has now announced reforms to the insolvency regime applying to small businesses - similar to those that apply in the US and in some respects, the U...

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Date posted: 2020-09-24 | Comments(0)

JobKeeper Update: Extension of Worker Coverage - September 2020 to March 2021

A month ago the Federal Government’s JobKeeper program was extended, albeit with a lower rate of support for all workers. You can review the details of this extension within our previous article. What support is offered? From 28 Septem...

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Date posted: 2020-08-26 | Comments(0)

New and improved or simply new? – Director Identification Numbers

Insolvency practitioners have been anticipating the introduction of unique Director Identification Numbers (“DIN”) for many years now. With the passing of the Treasury Law Amendment (Registries Modernisation and Other Measures) Bill 2019 (Cth) in late June 2020, which made amendments to the Corporations Act 2001...

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Date posted: 2020-08-03 | Comments(0)

JobKeeper Update: less dollars but, around longer

The Australia Government has made its much anticipated announcement about the JobKeeper program, extending it to 28 March 2021. The program will continue to run in its existing form, until its originally scheduled conclusion on 27 ...

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Date posted: 2020-07-23 | Comments(0)

Beware the exercise of the casting vote; guidance from the NSW Supreme Court of Appeal

IntroductionIn Glenfyne International Holding Limited v Glenfyne Farms International AU Pty Ltd (in liq) [2019] NSWCA 304, the NSW Court of...

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Date posted: 2020-07-15 | Comments(0)

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