The Queensland Government has extended its rent relief measures to 31 December 2020, but there are new provisions of the Regulations.
Extension of Insolvency Relief Measures
The government has recently extended the JobKeeper program to March 2021, albeit in reduced sums. Other measures have also been extended to 31 December.
Insolvency Law Reforms – Small Business Restructuring
The Australian Federal Government has recently announced reforms to the current insolvency regime. One of the proposed reforms is aimed at simplifying the restructuring process for eligible small businesses.
‘Zombie Companies’ Kept Alive By COVID-19 Stimulus
There are signs hat the stimulus measures introduced during COVID19, might be keeping businesses which would otherwise have folded, alive.
Success Story: Settling a Mortgage Shortfall Debt with a Mortgage Insurer
Often when people take out a mortgage, their bank asks them to obtain mortgage insurance. But this doesn’t protect the borrower, it protects the bank. When a property is sold and there is a mortgage shortfall, the bank claims on the insurance policy and the insurer then chases the borrower for the mortgage shortfall debt.
Success Story: How a Growing Business Avoided Liquidation with an ATO Payment Arrangement
Our success story tells of a client we helped negotiate an ATO Payment Arrangement for, in order for them to avoid liquidation.
Categories
- ATO Debts
- Bankruptcy Assistance
- Business
- Business insolvency
- Business Solutions
- Corporate finance insights and updates
- Corporate liquidation
- Debt Agreements
- Debt management
- Financial Dispute Resolution
- Financial Dispute Resolution
- Informal Arrangement
- Informal Arrangements / ATO Payment Arrangements
- Liquidation
- Money management and bankruptcy
- Personal Debt Solutions
- Personal Debts
- Personal finance insights and updates
- Personal Insolvency Agreements
- Pre-Insolvency Advice
- Turnaround and Restructuring
- Uncategorized
- Voluntary Administration and Deed of Company Arrangement
Archives
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- November 2019
- October 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- December 2016
- November 2016
- October 2016
- August 2016
- June 2016
- May 2016
- July 2015