Category: News

  • TMA Submission – Insolvency Reforms to support Small Business

    10-13-20

    Turnaround and restructuring naturally lie at the heart of the Turnaround Management Association (“TMA”) Australia. That is why, with Australia facing a pandemic induced recession through no fault of its own, the TMA supports SME law reform which promotes restructuring of businesses facing insolvency through no fault of their own. Yesterday the TMA submitted its […]

  • TMA Australia President’s message

    03-20-20

    I am delighted to be writing to you as the incoming President of TMA Australia. Having been a Director for 3 years, and prior to that a member of the NSW Committee and National Conference Committee, I look forward to the challenge. I take over the role at a time when the TMA in Australia […]

  • It’s how we respond to a crisis that makes the mark of a TMA adviser

    03-19-20

    Our members are at the forefront of turnaround during good times and bad. With the news changing daily about the impact of COVID-19, how the crisis persists and dominates our market and how much disruption it causes are still unknowns. With the financial market selloff, it’s clear these unknowns create uncertainty. Those in the turnaround […]

  • Law reform to enhance turnaround and restructuring

    02-26-20

    TMA supports a broad ranging review of our restructuring law regime – but that review should not turn only to Insolvency Practitioners and lawyers.  Those at the heart of turnaround (our TMA membership) should be involved in a wholistic review.  Diverse and expert insights from those at the coal face should inform that debate. Your […]

  • Boom times tipped for nation’s corporate undertakers, The Australian Financial Review

    01-22-20

    Patrick Durkin, 9 September 2019 https://www.afr.com/policy/economy/boom-times-tipped-for-corporate-undertakers-20190906-p52on0 “We’ve had 30 years of prosperity and there a lot of people whose maxim is asset prices only go up and interest rates only go down and they don’t have the ability to adapt to today’s changed circumstances,” said Marcus Derwin, a turnaround consultant who has worked at KPMG, […]

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