Newsroom
TMA / Allegro Funds – Turnaround Case Study Competition
05-05-21
To register email – AllegroTMAcasecomp@allegrofunds.com.au – with your team name, the names of the participants in your team as well as their job title, company and email address. No cost to enter Key Dates Thursday 5 August: Registration opens Wednesday 1 September: Case Released Saturday 4 September: Submissions due at 11:59pm Friday 10 September: Teams will be notified if they are […]
TMA members are encouraged to submit articles.
Please contact the TMA National Office at info@turnaround.org.au or 1300 042 811.
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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 […]
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SME Insolvency Reform – Consultation Process
10-09-20
Dear TMA Members, On the 24 September 2020, the Government announced changes to Australia’s insolvency framework to better serve Australian small businesses, their creditors and their employees. We refer you to TMA’s previous communications. The changes will introduce new processes suitable for small businesses, reducing complexity, time and costs for small businesses. See the Exposure […]
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SME Insolvency Reform – Message from the TMA Australia President
09-24-20
The TMA welcomes the move by Government announced today to reform Australia’s SME restructuring laws. We have advocated for and support the idea of introducing a streamlined cost-effective restructuring process for SMEs. The current voluntary administration regime is an “external administration” model which has proved complex and costly in the context of small businesses. Whilst […]
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How to decide to salvage or wind up a company
09-09-20
Difficult decisions are now on many board agendas – is the company’s position salvageable or terminal? TMA Board Directors Gayle Dickerson and Michael Sloan recently produced an article for the Australian Institute of Company Director’s magazine outlining some important misteps for Directors to avoid and a ‘Director’s Decision Tree’ to consider as they make hard […]