The Australian Taxation Office (ATO) has announced a tax penalty amnesty for small businesses that have fallen behind on their tax returns. The amnesty will

Superannuation in a regulated super fund is generally protected and is not considered to be property divisible among creditors in a personal bankruptcy scenario. This

In a significant move to promote financial security and improve retirement savings for Australian workers, the Albanese Government has introduced a new initiative called Payday

In the winding up of a company, the Liquidator plays a crucial role in identifying and collecting the company’s assets, paying off its debts, and

Bankruptcy is a legal process that allows individuals to deal with their debts when they are unable to pay them. During the period of bankruptcy,

Directors’ duties summarised Directors of companies in Australia have a number of important duties under the Corporations Act 2001 (Cth). These duties are designed to