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We're facing an insolvency tsunami. With luck, these changes will avert the worst of it

  • Written by The Conversation
We're facing an insolvency tsunami. With luck, these changes will avert the worst of itSupamotion/Shutterstock

Ahead of the budget, the government has announced new rules that will allow small businesses at risk of collapse to continue to work out their problems instead of appointing an administrator.

They are needed because of an avalanche of insolvencies awaiting the end of an effective moratorium on bankruptcies (a so-called...

Read more: We're facing an insolvency tsunami. With luck, these changes will avert the worst of it

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