COVID-19

Temporary Legislative Changes: What does this mean for your company?

On 14 August 2021, on the back of COVID-19 lockdowns across the country, the government has passed temporary legislative amendments under the Treasury Laws Amendment (2021 Measures…

End to COVID-19 insolvency protections a win for creditors

On 1 January 2021, new insolvency reforms to support small business commenced and COVID-19 temporary insolvency protections came to an end. This is good news for creditors who c…

Extension of Temporary Relief for Financially Distressed Businesses

After much speculation, Treasury has announced that the temporary protections for financially distressed businesses will be extended beyond the initial six month period to 31 Decem…

Commercial Rent Relief for SME Tenants

Rent reductions for a period of six months are available to small to medium sized businesses. Who are qualified? Qualifying tenants will have an annual turnover below $50 mil…

Litigation Funding – a Tool for Creditors?

Litigation funding is a little used tool that can yield big benefits for unsecured creditors. If employed strategically by creditors, litigation funding can enable the creditor …

Seven Vital Questions to ask to Minimise COVID-19 Business Risk

Thanks to COVID-19, we are trading in an economy with an unprecedented level of risk. In this period there are seven vital questions every business providing credit should be as…