Business
Businesses can keep trading: Bankruptcy law changes to keep firms open – Sydney Morning Herald
Business owners will have a faster way to fend off financial collapse using new bankruptcy laws giving them more control over how they restructure their debts.
“The reforms are a critical part of our economic recovery plan and will help to boost business confidence and dynamism across the economy by allowing viable businesses to survive as our economy rebuilds,” Mr Frydenberg said.
The changes come as Mr Frydenberg resets fiscal policy to drop old assurances about a return to surplus amid widespread estimates the October 6 budget will show a deficit of more than $200 billion.
The Treasurer will use a speech on Thursday to outline a two-step strategy …
-
Noosa News22 hours agoGirl on scooter dies in Laidley, motorbike rider killed in Gatton
-
Noosa News18 hours agoLaidley e-scooter death: Tragic new details after Summah Richards killed in freak accident
-
General22 hours agoBrisbane coach Michael Maguire backs Reece Walsh despite error handing Broncos defeat
-
Noosa News23 hours agoGirl killed in horror e-scooter crash in Laidley, Queensland