Category: Public
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Parliamentary Joint Committee on Corporations and Financial Services – inquiry into corporate insolvency – Update
07-13-23
The TMA acknowledges the care and consideration that the PJC under the leadership of Senator O‘Neill has brought to this substantive report (here) The TMA welcomes the proposed comprehensive review of Australia’s insolvency law the report proposes, and look forward to engaging in that process, including to advocate for a key purpose of insolvency law […]
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TMA submissions on corporate insolvency in Australia
12-12-22
TMA Australia has made submissions to the Parliamentary Joint Committee on Corporations and Financial Services for the purposes of its inquiry into corporate insolvency in Australia, which are now publicly available (https://lnkd.in/gZcPpuk2). The TMA working group that prepared the submissions was led by Richard Hughes, with unput from Paul Apathy, Jennifer Ball, Cameron Belyea, Lily Davies, Gayle Dickerson, Georgia Gamble, Scott Guthrie, Clint […]
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TMA Australia Safe Harbour Guidelines
06-28-22
Based on AICD surveys, the personal liability risk in relation to insolvent trading is very important to directors in times of financial distress. Recently, the Government has moved to soften the prospect of personal liability by introducing Safe Harbour reforms. But it is all very well and good knowing that there is a Safe Harbour […]
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Helping Companies Restructure by Improving Schemes of Arrangement: TMA Australia Submissions on the Consultation Paper
09-20-21
The Turnaround Management Association of Australia (the TMA) welcomes the opportunity to provide submissions in response to the consultation paper Helping Companies Restructure by Improving Schemes of Arrangement dated 2 August 2021 issued by The Treasury of the Government of the Commonwealth of Australia (the Consultation Paper) The TMA is a community of professionals dedicated […]
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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 […]