In this section, Australian Company Liquidations provides the latest news and tips in business insolvency and liquidations.

How COVID-19 Insolvency Relief Laws Have Impacted Insolvency and Winding Up Applications

The number of insolvencies and winding up applications in Australia have drastically decreased since the introduction of the temporary relief laws to combat the impact of the COVID-19 crisis on businesses. When comparing July to August 2020 and July to August 2019, winding up applications to ATO have gone down by 89% and court liquidations down by 74%. Similarly, we see that Voluntary Administrations are also down 62% and Voluntary Liquidations by 37%. This has been consistent with ATO’s sympathetic

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Corporate Collapses Under the Strain of the COVID-19 Pandemic

With the impact and duration of the pandemic stretching beyond everyone’s expectations, we have witnessed the rise and fall of many corporations and those entering administration and even liquidation. Below are some examples, highlighting major corporations that have undergone the strain of the COVID-19 pandemic. Virgin Australia Group, perhaps one of the most high profile COVID-19 victims were placed into administration in April 2020 due to the pandemic restriction but had been struggling before the pandemic. Carriageworks, considered to be

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The New Age of Agile Marketing Accelerated by COVID-19

The Coronavirus Pandemic has rapidly changed consumers, the economy and people’s behaviours. This means that businesses require a more resilient and fluid marketing approach that is able to adapt to the rapid changes we are currently facing every day. Increasingly, businesses are adopting an agile marketing approach as a response to these market conditions. With the pandemic accelerating this agile marketing transformation across the industry, those that fail to do so may get left behind. The reality is that digitalisation

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