Reading Time: 4 minutes The term ‘zombie company’ has been around since the late ’80s when the Japanese economy collapsed, and banks propped up many large corporations that would have otherwise failed. It has come to refer to any business that is so debt laden that it is only able to pay the interest on its loans, not the […]
Reading Time: 3 minutes Temporary restructuring relief is available to eligible companies until 31 March 2021. Find out what this means for both creditors and insolvent businesses.
Reading Time: 6 minutes The Modernising Business Registers (MBR) program can help stop fraudulent and phoenix activity in the Australian economy. This blog post covers the introduction of Director Identification Numbers (DINs) and the benefits of the new legislation.
Reading Time: < 1 minute How will this change impact you? Legislation introduced in the House of Representatives on February 13 has the aim of modernising business data and introducing Director Identification Numbers (DINs). Currently, data is stored in various systems across different departments and agencies. As a result, registrants bare the inefficiency of a cost burden when meeting their […]