Business
Frydenberg‘s bankruptcy law reforms will save small business amid pandemic – NEWS.com.au
Frydenberg‘s bankruptcy law reforms will save small business amid pandemic
Thousands of small businesses on the brink of collapse will be thrown a lifeline under new reforms to insolvency laws, Treasurer Josh Frydenberg announced on Thursday.Drawing on key features of Chapter 11 of the Bankruptcy Code used in the United States, the changes will cover around three-quarters of businesses subject to insolvencies, brought on by the ongoing financial toll of the COVID-19 pandemic.
“Many businesses who are doing it tough through the COVID crisis because of health restrictio…
-
Business24 hours agoIs Warren Buffett’s Berkshire Hathaway the smartest investment you can make today?
-
Noosa News10 hours agoCommissioner thanks police officer who threw a speed radar at a car
-
General24 hours agoTaiwan’s President Lai Ching-te calls for peace and dialogue with China while also calling for defence boosts
-
Noosa News18 hours agoCountdown on for Noosa Eat & Drink Festival 2025