Newsroom
Safe Harbour: A port and temporary respite for all in the storm
03-22-20
TMA Australia welcomes the Federal Government’s implementation of emergency measures to give temporary relief for directors from any personal liability for trading while insolvent. The Government announced today that the Corporations Act 2001 will be amended to provide temporary and targeted relief for companies to deal with unforeseen events that arise as a result of […]
TMA members are encouraged to submit articles.
Please contact the TMA National Office at info@turnaround.org.au or 1300 042 811.
-
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 […]
-
Coronavirus: Dealing with supply chain disruption (FTI Consulting)
03-19-20
Reaction to the threat from COVID-19 has already imposed significant economic costs on China and the rest of the world. Hopes for a short sharp shock, characterised as a V-shaped dip and rapid return to business as usual are rapidly fading. Business should brace for second and third round effects. Read Report
-
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 […]